Rex uncovers pipe
Vancouver — Belgium-based Rex Diamond Mining (RXD-T) has discovered a new kimberlite on a wholly owned permit east of Tenoumer in Mauritania, West Africa.The body was discovered as a result of pittin…
News
Gold prices remain stuck in low gear
Delegates attending a Toronto gold seminar organized by Gold Fields Mineral Services (GFMS) were told that prices are not likely to break the US$300-per-oz. barrier during the remainder of this year.P…
Toronto market catches breath
Settling down after its gyrations in recent weeks, the Toronto Stock Exchange closed a little lower during the report period Sept. 27 to Oct. 3. The TSE 300 composite index fell only 22.24 points over…
CDNX starts fourth quarter on downtrend
Canada’s junior exchange posted mixed results as the mining and oil and gas indices ended the week in positive territory, while the tech index slipped into the red. The Canadian Venture Exchange compo…
Silver wires kill prostate tumours
More than 38,000 cancer patients will be treated this year using silver-bearing prostate seed implants, according to Princeton, N.J.-based Nycomed Amersham Imaging, which makes a brand of the cancer-f…
Spot Prices Wed. October 4, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$271.30-$3.45Silver$ 4.89-$0.01…
The final curtain
While there is no shortage of cheerleaders for individual freedoms, economic freedoms have too few champions. In the wake of anti-globalization protests in cities as far-flung as Seattle, Melbourne an…
The Energy Crisis, Part I
As both candidates in the U.S. presidential campaign outdo each other with promised largesse, neither seems to be addressing the most serious threat that the new president will likely face: a major en…
IMA finances Argentine exploration
Junior IMA Exploration (IMR-V) has arranged a private placement of up to 1 million units priced at 65 apiece, with proceeds earmarked for general exploration. Each unit will consist of one share and …
Revisions to Mining Indices
The Northern Miner has revised the list of companies that make up its North American Mining Index and Small Producers Index.The North American Mining Index is calculated from a weighted average of the…
De Beers recovers diamonds from Nunavut pipe
The newly discovered Knife kimberlite pipe, at Rhonda Mining’s (RDM-V) Epworth property, 75 km south of Coronation Gulf in Nunavut, has been confirmed as diamondiferous.A 75-kg sample, representing a …
NAN drills Koillismaa
North Atlantic Natural Resources, a Swedish public company held 39% by each of South Atlantic Resources (SCQ-V) and Boliden (BOL-T), has begun exploring for platinum and palladium on the Koillismaa pr…