WGC upgrades marketing budget
The World Gold Council (WGC) has raised its promotional budget to more than US$50 million and appointed London-based Bartle Bogle Hegarty (BBH) to handle advertising and marketing.”We are confident th…
News
Exchange Rates (March 05, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 27 Feb. 26 Feb. 23 Feb. 22Feb. 21US$ in C$1.52591.53131.5374…
Producer and Dealer Prices (March 05, 2001)
Antimony: Mid-mkt US$1,310/t.Bismuth: Mid-mkt US$3.95/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.25-14.50/lb.Copper: Comex March US$0.801/lb.Indium: I…
Canadian Stock Exchange Indices (March 05, 2001)
Date Feb. 27 Feb. 26 Feb. 23 Feb. 22 Feb. 21HighLowTSE 300…
Global pulls stones from Grasdrif alluvial mine
Denver — Global Diamond Resources (GDRS-Q) has recovered three large gem stones at the Grasdrif alluvial diamond mine in South Africa.The largest of the stones measures 54 carats, while the smaller t…
De Beers deal ‘good news’ for Anglo American: analyst
The much-publicized takeover offer for De Beers Consolidated Mines (DBRSY-Q) has prompted mining analyst Roger Chaplin of Canaccord Capital to take a hard look at what the deal would mean for the comp…
Rockwell Ventures likens Brazilian PGE deposit to Bushveld
Vancouver — Rockwell Ventures (RCW-V) continues to uncover new platinum group metal exposures at its Pedra Branca project, near Fortaleza in northeastern Brazil.The 998-sq.-km project is underlain by…
SW Gold, Cons Jaba look to Argentina
Junior Consolidated Jaba (JBA-V) has acquired the mineral exploration rights to explore for platinum group metals (PGMs) on 1,918 sq. km in the Argentine province of Chubut.Southwestern Gold (SWG-T) i…
Etruscan, Mountain Lake end talks
Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have called off talks regarding a proposed merger and, instead, inked an agreement to develop Mountain Lake’s South African diamond asset…
Valerie moves into Manitoba
With diamond exploration heating up in Manitoba, Valerie Gold Resources (VLG-V) has joined the fray and optioned a 165-sq.-km property, 35 km east of Gillam.The junior can earn a 100% interest in the …
Cusac eyes Taurus project
The Taurus porphyry copper-molybdenum deposit in east-central Alaska, discovered in 1970, has made the rounds over the years. The latest to have a kick at the can is Guilford Brett’s Cusac Gold Mines …
MOST ACTIVE ISSUES, FEB. 21-27
ExchgVol(000s)HighLowCloseChangeAlcoa*N 16506 36.48 34.07 36.25 +1.05…