Mary Rabbitt
Mary Rabbit, a noted geophysicist and historian with the U.S. Geological Survey (USGS) in Reston, Va., has died. She was 87.Mrs. Rabbit (ne Collins) was born in 1915 in Boston, Mass., and grew up in …
News
USGS, AGI to put atlas on DVD
The U.S. Geological Survey (USGS) and the American Geological Institute will develop a comprehensive DVD-based atlas of the world for use in American schools.The global USGS Geographic Information Sys…
New tents pitched in Red Lake camp
Aquiline Resources (AQI-V) has entered into an option agreement to acquire a 60% stake in Global Consolidated Minerals’ Dome project, in the Red Lake mining camp in northern Ontario.To acquire its int…
Newmont turns Black Hawk down
Newmont Mining (NEM-N) has decided not to act on an option to earn earn a 55% stake in Black Hawk Mining’s (BHK-T) exploration properties in Nicaragua.Newmont had already sunk US$1.5 million into expl…
Election turmoil comes at bad time for Brazil Reading Lula da Silva
Financial markets in Brazil were jittery after the first round of presidential elections gave Workers’ Party candidate Luiz Inacio Lula da Silva 46% of the vote, double that of his nearest rival, Jorg…
Toronto exchange roars back to life
Attracted by bargain prices, buyers outpaced sellers over the Oct. 9-15 report period to push the benchmark up 388.87 points. The TSX/S&P Composite Index finished the holiday-shortened week at 6,219.4…
Junior market slides lower still
Vancouver — Canada’s junior exchange failed to follow the major bourses higher as investors found little reason to buy speculative issues during the holiday-shortened report period ended Oct. 15. The…
GREATEST VALUE TRADED, OCTOBER 9-15
ExchgVal($000s)HighLowCloseChangeAlcoa*N50345821.8117.6221.65+3.14…
Daily Metal Prices (October 21, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 15Oct. 14Oct. 11Oct. 10Oct. 9Al Alloy1220/1228…
Miramar hits more gold at Hope Bay (October 21, 2002)
Vancouver — A $3.4-million summer work program by Miramar Mining (MAE-T) uncovered a new zone of mineralization at the Hope Bay gold project in Nunavut.Crews discovered the Marianas zone while drill-…
Spot Prices Wed. October 16, 2002 (October 21, 2002)
Precious MetalsPrice (US$/oz.)ChangeGold$314.00-$4.80Silver$ 4.32-$0.04Platinum$589.00+$…
BHP Billiton bearish at Escondida as copper demand stays weak
Vancouver — Despite evidence of a weakening global economy dragging down demand for copper, diversified miner BHP Billiton (BHP-N) does not envisage further production cuts beyond 2002.”Today, we thi…