News


Gammon looks to Bolnisi at Ocampo

Gammon Lake Resources (GAM-T) has found an operator for its proposed Ocampo gold-silver mine in Mexico’s Chihuahua State.In a preliminary deal, Australian-listed junior producer Bolnisi Gold will earn…


Alamos takes a stand in Mexico

Vancouver — The low price of gold has prompted many major producers to shed sub-economic assets, and partners Alamos Minerals (AAS-V) and National Gold (NGT-V) are hoping to capitalize on the trend b…


Bigger reserves at Niobec

Cambior (CBJ-T) and Mazarin (MAZ-T) have upgraded resources into reserves at their equally owned Niobec niobium mine in Quebec.Proven and probable reserves now total 18.2 million tonnes grading 0.68% …




Omai’s performance improved in 2001

Despite being just a few years from the end of its operating life, Cambior’s (CBJ-T) Omai open-pit gold mine in Guyana managed to turn in a record performance during 2001.The operation achieved its hi…


LME Warehouse Levels (February 11, 2002)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 5 (change from Jan. 29 in brackets):MetalStock (tonnes)ChangeAluminium865075(+15…


Daily Metal Prices (February 11, 2002)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 5Feb. 4Feb. 1Jan. 31Jan. 30Aluminium1366/1383…



CDNX rallies as gold climbs

Vancouver — Canada’s junior exchange continued to move higher on heavy volumes over the report period ended Feb. 5. The Standard & Poor’s-CDNX Composite Index gained 25.9 points, or 2.3% to close at …


Falconbridge ends 2001 on sour note

Weak metal markets kept Falconbridge (FL-T) firmly in the red during the final three months of 2001, but not deep enough to erase profits made earlier in the year.Falconbridge squeaked by last year wi…


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