Stollery’s legacy
In 1949, Arthur Stollery (1914-1994) was working for Franc Joubin (1911-1997) at the Camray Uranium prospect, north of Sault Ste. Marie, Ont. Joubin asked him to examine the surface showing on the Lon…
News
Placer sinks as gold sags
Gold saw a little price action during the Jan. 17-23 report period as the Bank of England completed another gold auction, selling 803,600 oz. at US$268 per oz., with an over-allotment of 4.8 times.Ove…
Shore Gold cuts thick kimberlite intercept
Junior Shore Gold (SGF-V) has intercepted a possible feeder zone of the Star kimberlite body in Saskatchewan.The fourth hole in a second round of drilling has cut 539.4 metres of kimberlite. Hole 20 w…
Copper Ridge eyes more Mexican ground
Junior Copper Ridge Explorations (KRX-V) has inked a deal that adds the San Carlos and Gitana claims to its stable of Mexican projects.The company is already earning an interest in the Gavilanes and E…
Spot Prices Wed. January 24, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$265.70+$2.60Silver$ 4.77+$0.10Platinum$612.00-$16.00…
Northern Miner Indices (January 29, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
Exchange Rates (January 29, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 23Jan. 22Jan. 19Jan. 18Jan. 17US$ in C$1.50661.50661.51441.5…
Int’l Annax tables resource
Vancouver — Junior International Annax Ventures (IAX-V) has tabled initial resource estimates for the Sopokomil deposit at the Dairi project in Sumatra, Indonesia. The deposit is believed prospective…
OGS reports possible diamond target
Soil sediment sampling by the Ontario Geological Survey (OGS) may yield another promising diamond target in the province, says Northern Development and Mines Minister Tim Hudak.The announcement is bas…
Diamondex to begin program
An exploration program by Diamondex Resources (DSP-V) will focus on several properties in the Northwest Territories, though the company also plans to evaluate diamond projects elsewhere in Canada and …
Metal Prices (January 29, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 23Jan. 22Jan. 19Jan. 18Jan. 17Aluminium1646/15…
Producer and Dealer Prices (January 29, 2001)
Antimony: Mid-mkt US$1,300/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.45-13.75/lb.Copper: Comex March US$0.8485/lb.