A black name for Black Rock
The mother of all recent Arizona “desert dirt” plays was the project of International Precious Metals (IPM), 90 miles west of Phoenix.IPM started as a small-scale explorer of platinum, with shares tra…
News
EPA needs more than soul-searching
It is not possible to please all of the people all of the time, and if the wildly divergent comments received during a recent online discussion are any indication, the U.S. Environmental Protection Ag…
Aurora busy in Ontario, Quebec
Vancouver — Junior Aurora Platinum (ARP-V) is exploring seven projects in Ontario and Quebec, while, at the same time, seeking partnerships with major companies.At its Foy project, near Sudbury, Ont….
Canadian Stock Exchange Indices (August 20, 2001)
DateAugust 14August 13August 10August 9August 8HighLowTSE 3007605.527632.707644.727695.26…
Northern Miner Indices (August 20, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
WMC eyes nickel-copper project
Australia’s WMC (WMC-N) is aggressively exploring its Quebec 7 project, situated about 300 km north of Schefferville.An extensive airborne electromagnetic geophysical survey of some 16,000 line km has…
Gabriel tables study for Rosia Montana
Gabriel Resources (GBU-T) has announced the completion of a feasibility study of its 80%-owned Rosia Montana gold project in Romania. The study focuses on the potential for developing a large-scale op…
General Minerals drops Escalones (August 20, 2001)
Vancouver — Denver-based General Minerals (GNM-T) has decided to drop the promising Escalones copper skarn project in Chile, where a large lease payment was due this month.The company failed to find …
Akrokeri weathers shortfall
Heavy rains at its 85%-owned Bonte mine in Ghana caused a production shortfall for Akrokeri-Ashanti Gold Mines (YAG-V) in the second quarter.Production at the alluvial gold operation slowed to 17,512 …
Gold Funds (August 20, 2001)
Gold Funds as of August 9, 2001Dundee Precious MetalsCentral FundNet Value$13.64$5.14Price$9.60$4.74…
EXCHANGE RATES (August 20, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 31July 30July 27July 26July 25US$ in C$…
Western market loses ground
Vancouver — Canada’s junior exchange posted losses on all indices during the report period ended Aug. 14. The Canadian Venture Exchange composite index lost 17.65 points, or 0.6%, to close at 3,080.6…