Idaho revs up Stillwater program
A 4,000-metre drill program is testing the first of two targets outlined by Idaho Consolidated Metals (IDO-V) at the Stillwater complex in Montana.The junior, which owns 110 sq. km of ground adjacent …
Stillwater Mine
Stillwater rakes in record profit
Denver — Platinum producer Stillwater Mining (SWC-X) posted record earnings of US$29.4 million (or 75 per share) for the first quarter of 2001, compared with US$6.9 million (18 per share) in the co…
Idaho Consolidated active at Stillwater complex
Denver — Idaho Consolidated Metals (IDO-V) expects to begin its first round of drilling on the Stillwater complex in southwestern Montana.The junior, which owns 110 sq. km adjacent to the platinum pa…
Crystallex backs Idaho Consolidated
Under the terms of a management agreement, Crystallex International (KRY-T) will provide technical support services for Idaho Consolidated Metals’ (IDO-V) exploration efforts at the Stillwater complex…
Record palladium prices propel Stillwater Snap Lake
Denver — Stillwater Mining (SWC-X) posted record earnings for the fourth quarter on the strength of buoyant prices of platinum and palladium.The company earned US$23.5 million (or 60 per share) in t…
NAP builds new mine over bones of old
Thunder Bay, Ont. — Lac des les, Canada’s only primary platinum group metal (PGM) mine, has been transformed from the proverbial sow’s ear into a silk purse by record prices for palladium and by an …
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow edges down, metals steady
The Dow Jones industrial average slipped 123.8 points to 10,910.33 during the report period ended Sept. 14. Metal prices held steady.Gold hovered at US$256.70 per oz. on the Comex division of the New …
Junior disputes Stillwater’s East Boulder access
Idaho Consolidated Metals (IDO-V) insists that claims on a lower-grade platinum-palladium reef supersede access by Stillwater Mining (SWC-X) to its East Boulder project, 13 miles west of that company’…
Ken Snyder boosts royalty sisters
By producing their own gold, royalty sisters Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) are realizing higher profits.During the quarter ended June 30, the two companies jointly cranked …
Royalty sisters to merge — Open wallet for bargain-hunting spree
The proposed merger of Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) will create the fifth-largest gold company in the world, with sufficient resources “to do large transactions” in the co…
INVESTMENT COMMENTARY — Stillwater’s long-term prospects rosy: analyst
With palladium continuing to outperform many other commodities and showing positive supply-demand fundamentals, Stillwater Mining (SWC-X) is well-positioned for growth, says Wendell Zerb of Pacific In…
PRECIOUS METALS — Idaho acquires ground near Stillwater mine
Idaho Consolidated Metals (IDO-V) has been busy in Montana, putting together a land package near the Stillwater platinum and palladium mine.The junior has entered into a memorandum of understanding wi…