Emerald interest heats up
Vancouver — In the autumn of 1998, field geologist Bill Wengzynowski sparked a flurry of exploration activity by discovering an occurrence of emeralds on Expatriate Resources’ (EXR-V) Goal Net base m…
2002
Merger trio almost in black
Two of the three mid-tier gold producers planning a friendly merger made money in the third quarter of 2002, but the biggest, Kinross Gold (K-T), is still in the red.Echo Bay Mines (ECO-T) made US$3.7…
Producer and Dealer Prices (November 25, 2002)
Antimony: Mid-mkt US$2,800/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.55/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.10/lb.Copper: Comex Dec US$0.727/lb.
Raglan area hot, junior market not
Vancouver — Canada’s junior exchange remained stuck in neutral despite a strong showing by select issues during the report period ended Nov. 19. The S&P TSX Venture Exchange composite index lost 1.54…
Lending Rates (November 25, 2002)
as of 4 pm ET, Nov. 19, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Prime4.25LIBOR US$ 3-month1.42LIBOR US$ 6-month1.44LIBOR US$ 1-year1.62Gold lease 3-month0.32Gold leas…
Victoria Island diamond counts: low to modest
Samples from three new Victoria Island kimberlites discovered this past summer on the Hadley Bay joint venture in the Canadian Arctic contain no diamonds.The Apollo, Diana and Pluto kimberlites were d…
Eaglecrest advances San Simon
Vancouver — Now that dewatering of the underground decline is complete, Eaglecrest Explorations (EEL-V) has resumed its bulk-sampling program at the San Simon gold project in Bolivia.The junior expec…
Gold Hawk dives as Meridian bails
Shares of Montreal-based junior Gold Hawk Resources (CGK-V) took a tumble after operator Meridian Gold (MNG-T) decided to drop the Machacala gold-silver project in Peru.In a prepared statement, Gold H…
Int’l Uranium develops new feed program at White Mesa mill
Vancouver — International Uranium (IUC-V) and privately owned Nuclear Fuel Services of Tennessee have formed a 50-50 joint-venture company in order to develop a new feed program for the former’s Whit…
Ceramics fuel feldspar demand
Strong growth in the production of ceramics, particularly in Italy, Spain and China, continues to push up demand for feldspar, according to a report by London-based Roskill Information Services.The st…
Corner Bay-Pan Am merger delayed
The closing date of the merger between Corner Bay Silver (BAY-T) and Pan American Silver (PAA-T) has been delayed until mid-December while the latter continues to secure a water source to enable heap-…
Spot Prices Wed. November 13, 2002 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$319.00-$4.20Silver$ 4.55-$0.02Platinum$593.00+$…