Amethyst celebrates anniversary
This month marks the 25th anniversary of amethyst, Ontario’s official mineral.It was on July 8, 1975, that the Mineral Emblem Act received royal assent, and, according to Tim Hudak, the province’s cur…
News
PGM markets in transition: survey
High prices for platinum group metals (PGMs) will continue in the short term, according to Platinum Group Metals Survey 2000, published by New York, N.Y.-based CPM Group.The survey, which summarizes d…
Exchange Rates (July 24, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 18July 17July 14July 13July 12…
Northern Miner Indices (July 24, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoR…
LME Warehouse Levels (July 24, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 18/00 (change from July 11 in brackets):MetalStock(tonnes)Change…
Philex suspends Bulawan
Philex Gold (PGI-T) has temporarily suspended operations at its Bulawan underground gold mine in the Philippines.The suspension follows the depletion of reserves in the South block.About 40% of the mi…
On-line market seeks vendor
The Los Angeles-based Mining and Metals On-line Procurement Marketplace has narrowed its search for an e-commerce vendor down to three candidates: Ariba, Commerce One and Oracle.The companies, each of…
Producer and Dealer Prices (July 24, 2000)
Antimony: Mid-mkt US$1,500/t.Bismuth: Mid-mkt US$3.35/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.70-14.00/lb.Copper: Comex Sept. US$0.847/lb.Indium: I…
Partners extend new zone at Libiri gold deposit
Drilling near the Libiri gold deposit in Niger has returned more high grades for partners Etruscan Resources (eet-t) and Semafo (SMF-T).Recent efforts are focused on a new lens discovered earlier this…
Moydow advances deposit
A feasibility study is under way at the Ntotoroso gold property in Ghana. Normandy Mining (NDY-T) is earning a half-interest in the property from operator Moydow Mines International (MOY-T).The study …
Partners finance exploration
London-based Rio Tinto (RTP-N) has taken down a second private placement in Anatolia Minerals Development (AMCD.U-C), for US$1 million.The major, which recently entered into a 4-year agreement with An…
Canatuan JV talks stalled
Junior TVI Pacific (TVI-T) has retained a financial adviser to help raise development funds for its Canatuan gold project in the Philippines.TVI is seeking up to US$6 million to expand its existing pl…