Drilling resumes at High Lake (August 13, 2001)
Vancouver — With spring breakup finally over in Canada’s high north, Wolfden Resources (YWO-V) has resumed drillin…
News
New showings at Nunavik
Vancouver — An independent sampling program over the Nunavik copper-nickel property in northern Quebec has confirm…
Fort Knox begins stripping at McBratney Lake
Fort Knox Gold Resources (FNX-T) has begun a program of mechanical stripping and geological mapping and sampling on…
Pace falls off for Akrokeri-Ashanti
Thanks to lower gold prices and grades, Akrokeri-Ashanti Gold Mines (YAG-V) wasn’t able to keep up the record-setti…
Trading Summary (August 13, 2001)
The gold and precious minerals subindex put in the best percentage gain on Monday, rising 130.67 points, or 2.75%,…
Spot Prices Wed. August 8, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$266.50-$1.20Silver$ 4.16-$0.08Platinum$442.00-$…
Aurora hits sulphides
Vancouver — Aurora Platinum (ARP-V) has intersected a 16.5-metre zone of low-grade nickel sulphide mineralization 465 metres below Nickel Lake on the Foy Offset property in Ontario.Hole 2 cut 1.5 met…
Analysts weigh prospects of base metal producers
The first half of 2001 was no picnic for base metal producers, and most mining analysts expect prices to remain weak and vulnerable to downward pressure from funds and speculators for the rest of the …
Iamgold profitable in second quarter
Still buoyed by the performance of the Sadiola Hill mine in western Mali, Iamgold (IMG-T) has posted second-quarter earnings of US$2.6 million (or 4 per share) on revenue of US$15.2 million.Sadiola, …
Producer and Dealer Prices (August 13, 2001)
Antimony: Mid-mkt US$1,015/t.Bismuth: Mid-mkt US$3.65/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.20-10.15/lb.Copper: Comex Sept. US$0.669/lb.Indium: In…
Starfield boosts Ferguson Lake (August 13, 2001)
Vancouver — Junior Starfield Resources (SRU-V) has revised its estimate for inferred resources at the Ferguson Lake copper-nickel-cobalt-platinum-palladium property, 160 km south of Baker Lake in Nun…
Echo Bay dips toe in red ink
It’s small, but a loss nonetheless for American gold producer Echo Bay Mines (ECO-T). The company lost US$400,000 in the second quarter of 2001, compared with net earnings of US$10.2 million a year ea…