BCGS reports new gold model
A new gold deposit model for the North American Cordillera is identified in a paper by Christopher Ash of the British Columbia Geological Survey. Gold deposits of Atlin, Cache Creek, Bralorne-Pioneer,…
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The Northern Miner — North American Mining Index (September 03, 2001)
73.94 (-0.38)(Sept. 30/98 = 100)…
For services rendered
I was introduced to Frederick William Wink at his home, overlooking the Beach Grove Golf Course in Tsawwassen, B.C. Like most of us in the resource industry, I had heard of the famous Winkie portable …
News – 03-SEP-01
Normandy, TVX clean up balance sheets
Writedowns on non-performing assets have left Normandy Mining (NDY-T) with a significant quarterly loss, with affiliate TVX Gold (TVX-T) incurring a smaller loss as it brings its balance sheet back to…
Int’l Annax expands mineralization
Vancouver — International Annax Ventures (IAX-V) continues to pull encouraging values of sedimentary exhalative zinc-lead mineralization north of its Anjing Hitam deposit in North Sumatra, Indonesia….
Cortez expands Crossroads
Denver — Infill drilling at the Crossroads deposit in central Nevada has returned significant, albeit deep, mineralization for the Cortez joint venture. The project is part of the Pipeline complex.Pl…
El Salvador updates law
Denver — A series of revisions to the mining law offers to make exploration in El Salvador cheaper and easier.The principal change is that the net smelter royalty is cut in half, to 2%, bringing the …
Sons of Gwalia bids for Teck’s PacMin
Sons of Gwalia (SGW) has tabled a takeover bid for fellow Aussie gold miner PacMin Mining, an 80% controlled subsidiary of Teck (TEK-T).Gwalia is offering five of its own shares for every 28 PacMin sh…
Canadian Stock Exchange Indices (September 03, 2001)
DateAugust 28August 27August 24August 23August 22HighLowTS…
Producer and Dealer Prices (September 03, 2001)
Antimony: Mid-mkt US$1,005/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.25-11.00/lb.Copper: Comex Sept. US$0.691/lb.Indium: In…
LME Warehouse Levels (September 03, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 28/01 (change from Aug. 21 in brackets):Metalstock (tonnes)ChangeAluminium674575…