2001

Deal reached to clean up former Britannia mine site

A partnership consisting of public and private interests has reached an agreement to clean up the former Britannia copper-gold mine site, near Howe Sound, 50 km north of Vancouver, B.C.The cleanup is …


Exchange Rates (April 23, 2001)

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 17April 16 April 13April 12April 11US$ in C$1.55791.5621Holiday…


Summo considers copper powder business

Denver — Summo Minerals (SMA-T) has commissioned a new feasibility study to assess the economics of a copper powder business at the Lisbon Valley project in southeastern Utah.In September 2000, Summo…


Spending steadied in 2000

The steady decrease in domestic exploration spending that has plagued the industry since 1997 began to slow in 2000, according to a study compiled by the Department of Natural Resources.Exploration sp…


Sinking TVX awaits Greek court decision

Gold prices twisted and turned over the holiday-shortened April 10-17 report period, closing up $1.65 for a London morning fix of US$260.10 per oz. on April 18.The biggest mover among Canada’s gold ma…


Spring surge rallies CDNX

Vancouver — Led by a 6.7% gain in the oil-and-gas sector, all four indices on Canada’s junior exchange finished the week ended April 17 in positive territory. The Canadian Venture Exchange composite …



Metal Prices (April 23, 2001)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 17April 16April 13April 12April 11Aluminium14…


Drilling buoys Geomaque

The final three holes of a 15-hole drill program are keeping Geomaque (GEO-T) optimistic at its Marathon palladium project in northern Ontario.The Toronto-based junior sank 3,000 metres to delineate a…



Queenston stakes gold prospect

Queenston Mining (QMI-T) has staked a 120-sq.-km claim block on the northwestern portion of Lake Abitibi in northeastern Ontario.The claims, situated in Steele, Purvis, Bowyer and Galna twps., cover a…



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