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…
News
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…
Plus a change, . . . Chaos in the Congo
The Democratic Republic of Congo (DRC), formerly Zaire, is aptly described as one of the most chaotic and corrupt nations in Africa. It was that way when rebel leader Laurent Kabila seized control fro…
Grasberg mine a star performer for Freeport-McMoRan
Denver — Higher grades and better recovery rates at the giant Grasberg operation in Irian Jaya, Indonesia, resulted in a record- setting fourth quarter for Freeport-McMoRan Copper & Gold (FCX-N).Copp…
Rio Tinto OKs Northparkes
Denver — London-based Rio Tinto (RTP-N) has approved development of the Lift 2 project at the Northparkes copper-gold mine in New South Wales, Australia.Construction of the A$139-million project will…
GREATEST VALUE TRADED, JAN. 10-16
ExchgVal($000s)HighLowCloseChangeAlcoa*N 407167 33.56 30.62 33.56 +1.18…
Canadian Venture Exchange breaks 3000
Vancouver — Canada’s junior exchange broke through the 3000 mark during the report period ended Jan. 16, riding on the back of resource-related issues. The Canadian Venture Exchange composite index t…
U of T short course set
The ever-active student chapter of the Society of Economic Geologists at the University of Toronto has arranged a short course on exploration for volcanogenic masive sulphide deposits for March 9.Enti…
Scoping study for Penasquito
Vancouver — Assay results from a 4,600-metre drill program over the Penasquito base metal property in Mexico have prompted Western Copper Holdings (WTC-T) and its Lima-based partner, Mauricio Hochsch…
Metal Prices (January 22, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 16Jan. 15Jan. 12Jan. 11Jan. 10Aluminium1597/15…
Canadian Stock Exchange Indices (January 22, 2001)
— 52-week –DateJan. 16Jan. 15Jan. 12Jan. 11Jan. 10HighLow…
Miners left out of market bounce
During the report period ended Jan. 16, the Toronto Stock Exchange mounted a modest recovery from the previous week, adding 171.97 points to close at 8,744. But the base metals, which had largely esca…