Afri-Can tops up till (August 19, 2003)
Junior Afri-Can Minerals (AFA-V) intends to raise $2.5 million to renew its search for marine diamonds off the coas…
News
Mag cuts narrow vein at depth (August 19, 2003)
Vancouver — Initial results from an ongoing, 3,500-metre drill program indicate narrow intervals of high-grade sil…
Trading Summary (August 18, 2003)
The Toronto Stock Exchange ended Monday’s trading session 20.78 points higher at 7,411.33. No thanks were due the g…
Claude squeaks by second quarter
Higher head grades and stronger gold prices enabled Claude Resources (CRJ-T) to offset the weaker U.S. dollar and r…
Yamana closes Brazilian deal
Vancouver Armed with a $55.5 million financing, Spokane-based Yamana Resources (YRI-T) has handed over US$20.9 mi…
Alcan submits formal Pechiney bid to EU
Alcan (AL-T) has formally submitted its 3.4-billion-euro bid for French rival Pechiney with the European Commission…
LME Warehouse Levels (August 18, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 12 (change from Aug. 5 in brackets):MetalStock(tonnes)ChangeAluminium1319175(+12…
Ashton adds to Renard value
Discovered this past April, the Renard 9 kimberlitic body in north-central Quebec has yielded a strong microdiamond count.Renard 9 is one of eight kimberlitic bodies discovered by the Ashton Mining of…
Meridian forms Newfoundland alliance
Junior Linear Resources (LRR-V) has farmed-out its Reid property in the Botwood Basin of central Newfoundland to Meridian Gold (MNG-T).Under the terms of a letter agreement, Meridian can earn an initi…
Infill drilling positive at Meadowbank (August 18, 2003)
Cumberland Resources (CBD-T) has finished the first phase of infill drilling at the Vault and Portage gold deposits, part of the Meadowbank property in Nunavut, and the results confirm earlier resourc…
Minnesota’s PGE potential
Exploration for polymetallic deposits, including platinum group elements, in Minnesota has traditionally focused on mafic intrusions of the Mesoproterozoic Duluth Complex, as it contains known occurre…
Tin production disrupted in Australasia
(The following excerpt from The Commodity Refiner, a monthly publication of Barclays Capital Research, provides an overview of the international tin market.)Improvements in demand are evident in the t…