Gahcho Kue reveals dykes
Drilling by the Canadian exploration division of De Beers has encountered kimberlite intersections on the Kelvin and Faraday bodies, north of the Kennady Lake cluster, at the Gahcho Kue joint venture …
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TSX-V MOST ACTIVE ISSUES (March 31, 2003)
ExchgVol(000s)HighLowCloseChangeSpider ResV172940.160.090.12+0.03…
PGM Ltd. keeps faith at Towle Lake
Vancouver — Drill results from Platinum Group Metals’ (PTM-T) Lac des les project, near Thunder Bay, Ont., confirm the presence of platinum group metal mineralization in the Towle Lake intrusion.At …
Daily Metal Prices (March 31, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 25March 24March 21March 20March 19Al Alloy148…
Investors skittish about junior market
Vancouver — Investors continued their junior-exchange exodus over the week ended March 25. The S&P-TSX Venture Exchange composite index shed 19.80 points, or 1.86%, and closed at 1,042.2.Spider Resou…
TSX-V GREATEST PERCENTAGE CHANGE (March 31, 2003)
ExchgVol(000s)HighLowClose%ChangeEuropn Gold RV1680.150.090.15+66.67…
TSX-V GREATEST VALUE CHANGE (March 31, 2003)
VolumeCloseChangeIntl Croesus VV825300.820.22Apac MnrlsV14735000.75…
Gold demand down in Middle East
Physical demand for gold across the Middle East has been hampered by the high gold price, economic difficulties and war. Meanwhile, scrap gold continues to be generated on a major scale, particularly …
NYSE GREATEST VALUE CHANGE (March 31, 2003)
VolumeCloseChangePotash C Sask*N97260064.020.97Cabot Corp*N88190023.82…
Miners passed by in broad advance
The five trading days March 19-25 saw a modest advance by the U.S. stock markets, but gold and base metal equities were left out. Both major indices rose about 1%; the Dow Jones Industrial Average add…
South Atlantic confirms Norrbotten find
Vancouver — Re-analysis of old drill core has confirmed a high grade copper-gold intercept at the Lieteksavo target, part of the Norrbotten project in Sweden.South Atlantic Ventures (SAA-V) reports t…
Luscar pulls plug at Obed
A flood of thermal coal on international markets has squeezed prices and forced Luscar to suspend production at its Obed Mountain mine, 30 km west of Hinton, Alta.The operation’s 110 employees will be…