News

New Jackson bodies bear stones (October 13, 2003)

Sampling of three areas of frost boil on Twin Mining’s (TWG-T) recently discovered Jackson Inlet kimberlite bodies has proved fruitful.In all, three samples totalling 50.5 kg yielded 13 diamonds, with…


Producer and Dealer Prices (October 13, 2003)

Antimony: Mid-mkt US$2,250/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$9.95-12.00/lb.Copper: Comex Dec. US$0.847/lb.Indium: Indium Corp., ingot, US$180/kg.Iridiu…



Metal traders run down gold

Gold bugs caught a chill in the first week of October: by the morning of Oct. 7, an ounce of the yellow metal was fetching US$376.20 in London markets, or US$8.30 less than a week earlier. Silver fare…


Newmont buys into Southwestern

Vancouver — Newmont Mining (NEM-N) will buy 450,000 shares of Southwestern Resources (SWG-T) at $15 per share for total proceeds of $6.75 million. Newmont has agreed, for 12 months, not to sell the s…



Axmin eyes $10.5 million

Vancouver In an attempt to add $10.5 million to its coffers, African explorer Axmin (AXM-V) is selling 15 million…


Crystallex sells San Gregorio

Crystallex International (KRY-T) is selling its mainstay producing mine, San Gregorio in northern Uruguay, to Urugu…






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