2002

Producer and Dealer Prices (December 23, 2002)

Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.57/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-6.70/lb.Copper: Comex Mar US$0.732/lb.


Gold glitters on junior exchange (December 23, 2002)

Vancouver — Gold issues helped Canada’s junior exchange break the 1,000 mark on the S&P composite index over the week ended Dec. 17. The Venture Exchange index rocketed 35.56 points, or 3.68% of its …




Laramide leases gold deposit (December 23, 2002)

In exchange for cash and future royalties, Laramide Resources (LAM-V) has leased its Cerro Colorado mining claims in Mexico to a private Australian mining company.Secotec paid US$50,000 in cash and ha…


Perseverance on hold

With zinc prices foundering in the US33-to-36-per-lb. range, Noranda (NRD-T) has decided to postpone development of the Perseverance project, near Matagami, Que.Noranda’s president of zinc operation…


Pan Am date extended

Before the merger with Pan American Silver (PAA-T) can close, Corner Bay Silver (BAY-T) has to secure a water source for a proposed heap-leach operation at the Alamo Dorado project in Sonora state, Me…


Tiomin gets nod for Kenyan project

After years of study, the Kenyan government has approved a 16-year mining lease for Tiomin Resources’ (TIO-T) Kwale titanium-sands project, southwest of Mombasa.The lease, which can be renewed for a f…


Barrick to open up Andean gold district

To jump-start development of a 39-million-oz. gold district in the high Andes along the border between northern Argentina and Chile, Barrick Gold (ABX-T) has committed to spending about US$425 million…


Silver producers jostle for investors’ attention

At the Autumn Precious Metals Seminar, held recently in Toronto and co-sponsored by the Silver Institute and Gold Fields Mineral Services, representatives of five North American silver producers gave …


Sustainable development in Asia

What would the world be like if Asia — the most populous, the most dynamic quadrant of the globe — were to fail in making the transition to a sustainable lifestyle?I would argue that there can’t be …


Caldera finds little resistance

A ground electromagnetic survey by Caldera Resources (CDR-T) has outlined several conductive bodies at the Mt. Sarah property in South Australia.Roughly 6.8 km was surveyed along four lines to cover p…


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