Estrella zone holds promise for National Gold
Vancouver — A scoping study suggests that, even at US$300 per oz. gold, National Gold (NGT-V) can profitably mine the Estrella zone at its Salamandra property in Mexico’s Sonora state.The study, comp…
News
Starfield cuts high-grade PGE interval (September 30, 2002)
Vancouver — Starfield Resources (SRU-V) has encountered a high-grade platinum-palladium intercept while doing definition drilling on the West zone at its Ferguson Lake nickel-copper project in Nunavu…
How to be a market darling
The stock markets of the Western World are back where they were at the end of July, and we can officially declare this summer’s sucker rally over.The markets’ performance has pretty much proved the be…
LionOre receives Golden Gecko
LionOre Mining International’s 80%-owned Australian-listed subsidiary, LionOre Australia (Nickel), has won Western Australia’s Golden Gecko environmental award.The award recognized LionOre Nickel’s wo…
Amarc misses mark at Inde
Vancouver — A 14-hole diamond drill program by Amarc Resources (AHR-V) has returned sporadic gold values below the historical oxide workings at the Inde property in Mexico’s Durango state.The Hunter …
Stock market crash pummels mining
Like lemmings, investors swarmed over the precipice, pulling global stock markets into a crash the likes of which have never been witnessed in financial history. Indeed, Black Monday, as the investmen…
Graphite consumption rebounds
World graphite production improved somewhat in 2000 to reach 645,000 tonnes, after averaging less than 600,000 tonnes per year from 1992-1999, according to a report by London-based Roskill Information…
All eyes on Carlin trend
North America doesn’t realize that the latest gold rush on this continent is only just beginning, remarked one of Canada’s most experienced mining financiers before a recent tour of Nevada’s Carlin go…
MOST ACTIVE ISSUES, SEPTEMBER 18-24
ExchgVol(000s)HighLowCloseChangeAlcoa*N2886221.1519.3519.57-1.95…
Spot Prices Wed. September 25, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$325.50+$7.90Silver$ 4.63+$0.05Platinum$564.00+$…
Daily Metal Prices (September 30, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 24Sept. 23Sept. 20Sept. 19Sept. 18Al Alloy128…
LME Warehouse Levels (September 30, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 24 (change from Sept. 17 in brackets):MetalStock (tonnes)ChangeAluminium1,292,825…