Placer bows out of South Carlin
Not satisfied with the latest drill results, Placer Dome (PDG-T) has chosen to walk away from the South Carlin project of Nevada Pacific Gold (NPG-V).In late 2001, Placer was dealt an option for a 60%…
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Intrepid confirms high grades at Casposo (January 27, 2003)
Surface sampling at the Casposo gold-silver project in San Juan province, Argentina, has returned “bonanza” style grades for Intrepid Minerals (IAU-V).Intrepid, which is earning an outright interest i…
LME Warehouse Levels (January 27, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 21 (change from Jan. 14 in brackets):MetalStock(tonnes)ChangeAluminium1226175(-1…
Northern Miner Indices (January 27, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…
Producer and Dealer Prices (January 27, 2003)
Antimony: Mid-mkt US$2,400/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.60/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.50-8.00/lb.Copper: Comex Mar US$0.769/lb.Indium: Indiu…
Investors eye potential at China’s Boka play
Vancouver — The giant Boka gold deposit in southern China has grabbed the attention of investors, who, despite the absence of drill results, have rewarded property operator Southwestern Resources (SW…
From foxes to flowcharts Hall of Fame inductees run the gamut of the mineral industry
A hundred years of mining were distilled into a few hours at the fifteenth annual induction ceremony and dinner of the Canadian Mining Hall of Fame in Toronto on January 16.In the hundredth anniversar…
Rio Narcea lines up Glencore at Aguablanca
One month after arranging a US$61-million financing, Rio Narcea Gold Mines (RNG-T) has signed a long-term offtake agreement with Swiss commodity trader Glencore International for concentrate from the …
The hammer and the fox
There’s a story about the discovery of silver in northern Ontario, and this is how it goes:When the Temiskaming and Northern Ontario Railway (T&NO) line from North Bay to Haileybury and New Liskeard w…
Venezuelan opposition may be country’s last hope Chaining the strongman
It is the common fate of the indolent to see their rights become a prey to the active. The condition upon which God hath given liberty to man is eternal vigilance; which condition if he break, servitu…
Plexmar raises Otish funds (January 27, 2003)
Plexmar Resources (PLE-T) has raised $457,000 for its Papaskwasti and Discovery diamond properties in Quebec’s Otish Mountains.At Papaskwasti, the junior will begin drilling after it analyzes results …
Namex drills sulphides at Woods Creek (January 27, 2003)
Two holes drilled by Namex Exploration (NME-V) have confirmed the extension of sulphide mineralization beneath the Woods Creek showing in northern Ontario.The showing, which yielded 1.22% copper, 0.95…