Tres-Or adds diamond play
Vancouver-based Tres-Or Resources (TRS-V) has joined the Ontario diamond hunt.The junior recently acquired 783 claim units south of Temagami and east of Marten River, at the southern end of the Lake T…
News
Starfield expands resource at Ferguson Lake
Vancouver — Following two years of exploration, Starfield Resources (SRU-V) has more than doubled the known resource at the Ferguson Lake project, near Rankin Inlet in southern Nunavut.The deposit ha…
Tenke Mining fires up second rig at Vicuna
Vancouver — Junior Tenke Mining (TNK-T) has added a second drill rig to its 23-hole program on the Vicuna gold project, in northwestern Argentina.The reverse-circulation work is testing five targets:…
Junior busy in Nevada
Having ended a two-and-a-half-year venture arrangement Kennecott Exploration, junior Nevada Pacific Gold (NPG-V) is raising $300,000 to continue exploring for gold in Nevada.The non-brokered private p…
Silver increase fails to save Coeur
Denver — Despite producing a record amount of silver, Coeur d’Alene Mines (CDE-N) incurred a net loss of US$45.8 million (or $1.29 per share) in 2000, compared with a net loss of US$38.9 million ($1….
Gold Funds (March 05, 2001)
Gold Funds as of February 22, 2001Dundee Precious MetalsCentral FundNet Value$12.13$5.18Price$6.53$4.610…
The Northern Miner — North American Mining Index (March 05, 2001)
73.51 (+4.21)(Sept. 30/98 = 100)…
Producer and Dealer Prices (March 05, 2001)
Antimony: Mid-mkt US$1,310/t.Bismuth: Mid-mkt US$3.95/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.25-14.50/lb.Copper: Comex March US$0.801/lb.Indium: I…
Canadian Stock Exchange Indices (March 05, 2001)
Date Feb. 27 Feb. 26 Feb. 23 Feb. 22 Feb. 21HighLowTSE 300…
All eyes on nickel
Broadly speaking, metals markets slipped during the Feb. 19-23 report period as market-watchers saw an end to the quiet, range-bound trading that prevailed during the previous two weeks.The cause of t…
De Beers deal ‘good news’ for Anglo American: analyst
The much-publicized takeover offer for De Beers Consolidated Mines (DBRSY-Q) has prompted mining analyst Roger Chaplin of Canaccord Capital to take a hard look at what the deal would mean for the comp…
South African output slides
Vancouver — Last year was not a memorable one for the world’s No. 1 gold-producing country. Low gold prices saw South Africa post its lowest annual output in almost 50 years.The country’s Chamber of …