Daily Metal Prices (June 24, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 18June 17June 14June 13June 12Aluminium1344.50…
News
Cyanide spill at Denton-Rawhide
Vancouver — The failure of a weld on a pipeline caused 40,000 gallons of dilute cyanide process solution to be spilled at the Denton-Rawhide gold mine in Nevada.The ruptured pipe was carrying process…
Queensland hosts exhibition
The Queensland Mining & Engineering Exhibition will be held July 23-25 in Mackay, an Australian port town in the Bowen Basin.Participants who pre-register will receive a report listing the companies t…
Alcan ups output at Kitimat
Beginning in August, Alcan will boost annual production at its Kitimat aluminum smelter in northern British Columbia by 60,000 tonnes, to 240,000 tonnes.The move is possible because of higher water le…
BPR-Bechtel to have HQ in Montreal
U.S. engineering giant Bechtel Group will form a joint venture with Quebec-based BPR and relocate its North American mining and metals headquarters to Montreal from Denver.The new company, BPR-Bechtel…
Canyon wins enviro kudos
Denver-based Canyon Resources has been recognized for its environmental work at the Briggs gold mine in southeastern California.In a letter addressed to the company, the state director of the bureau o…
Gitennes fires blanks at Bear
Scout drilling at the Bear property, north of Thunder Bay, Ont., has come up dry for Vancouver-based Gitennes Exploration (GIT-T).The junior sank three holes into a coincident electromagnetic and magn…
Wolverton picks seven top gold juniors
As the rally in gold stocks percolates downwards into smaller and smaller companies, analysts such as Tracy Hurley of Wolverton Securities are examining microcap gold stocks and recommending those tha…
Spot Prices Wed. June 19, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$321.85+$2.30Silver$ 4.90+$0.02Platinum$565.00+$…
Partners drill River Valley (June 24, 2002)
Drilling by Mustang Minerals (YMU-V) and South African-based Impala Platinum Holdings (Implats) has highlighted more platinum group metal mineralization in the River Valley intrusion of northern Ontar…
La Colorada construction under way
With a US$10-million project debt facility in hand from International Finance Corp., Pan American Silver (PAA-T) has begun construction aimed at quadrupling production at its La Colorada mine in Mexic…
Canadian Stock Exchange Indices (June 24, 2002)
DateJune 18June 17June 14June 13June 12HighLowTSX Composite7327.547357.427249.027283.607359.56…