2001


New targets at El Morro

Remote-sensing, combined with magnetic and induced-polarization surveys, has identified several targets at the El Morro copper-gold prospect in northern Chile, where Noranda (NRD-T) is earning a 70% i…



Eldorado eyes Brumal property

Vancouver — Eldorado Gold (ELD-T) has inked a deal to acquire the Brumal property in the Brazil’s Minas Gerais state. The property is near the company’s Sao Bento operation, where infrastructure is a…



Taseko aims to finance Gibraltar

Vancouver — Anticipating a recovery in the price of copper, Taseko Mines (TKO-V) is seeking up to $5.5 million to determine the economic viability of technology aimed at reviving the dormant Gibralta…


LME Warehouse Levels (December 10, 2001)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 4/01 (change from Nov. 27 in brackets):MetalStock (tonnes)ChangeAluminium722500(…


Asarco follows trend, cuts copper output

Vancouver — Joining the ranks of other major producers, Phoenix-based Asarco, a subsidiary of Grupo Mexico, has announced further cuts to its copper output. Production at the Mission mine in southern…


IMA cashes up for Peruvian exploration

Vancouver-based IMA Exploration (IMR-V) is looking to raise more than $1 million to fund exploration in Peru.The junior has arranged a non-brokered private placement of up to 2.7 million units priced …



CDNX posts gains in active week

Vancouver — Canada’s junior exchange entered the Christmas season on a bullish note, posting gains on all indices during the week ended Dec. 4. The Canadian Venture Exchange composite index added 15….


Producer and Dealer Prices (December 10, 2001)

Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.95-8.25/lb.Copper: Comex Mar. US$0.709/lb.Indium: Indi…


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