Luderitz Bay sparkles for partners
Partners Diamond Fields International (DFI-T) and Trans Hex Group of South Africa have recovered more than 9,600 diamonds from their Luderitz Bay grant off the coast of Namibia.The stones, which weigh…
News
MOST ACTIVE ISSUES, JULY 4-10
ExchgVol(000s)HighLowCloseChangeAlcoa*N1149241.8039.2739.50-0.90…
Aurizon reworks Casa Berardi payment (July 16, 2001)
TVX Gold (TVX-T) has agreed to grant Aurizon Mines (ARZ-T) a 2-year extension, to August 2003, for the payment of $4 million related to the acquisition of the Casa Berardi gold property in northwester…
Survey says platinum could reach surplus
The amount of newly refined platinum, palladium and rhodium entering the market is expected to rise sharply this year, owing mostly to expanded production at many South African operations.Meanwhile, t…
GREATEST VALUE TRADED, JULY 4-10
ExchgVal($000s)HighLowCloseChangeAlcoa*N45396641.8039.2739.50-0.90…
Eldorado revises mine forecast
A Brazilian government decree limiting the use of electricity has forced Eldorado Gold (ELD-T) to modify its production forecast at the Sao Bento mine.Situated in Minas Gerais state, the mine is now e…
Northern Miner Indices (July 16, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….
Producer and Dealer Prices (July 16, 2001)
Antimony: Mid-mkt US$1,080/t.Bismuth: Mid-mkt US$3.75/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.00-10.50/lb.Copper: Comex Sept. US$0.718/lb.Indium: In…
Montauban drilling hits gold
Drill results from the Montauban property, 50 km northeast of Trois-Rivieres, Que., indicate the potential for gold mineralization in a new zone near the former gold mine.Mirabel Resources (RMB-M) rep…
Las Cristinas sold off as deadline looms
Vancouver — Facing a deadline imposed by its partner, Placer Dome (PDG-T) has sold its 70% interest in the Las Cri…
Resource estimate under way at River Valley (July 13, 2001)
Having sunk another 16,000 metres, Pacific Northwest Capital (PFN-T) is proceeding with an independent resource est…
Namco creditors approve restructuring (July 13, 2001)
Creditors of Namibian Minerals (NMR-T) have approved a plan of arrangement that will bring the company’s subsidiari…