Rio Narcea lines up Glencore at Aguablanca
One month after arranging a US$61-million financing, Rio Narcea Gold Mines (RNG-T) has signed a long-term offtake agreement with Swiss commodity trader Glencore International for concentrate from the …
News
The hammer and the fox
There’s a story about the discovery of silver in northern Ontario, and this is how it goes:When the Temiskaming and Northern Ontario Railway (T&NO) line from North Bay to Haileybury and New Liskeard w…
Venezuelan opposition may be country’s last hope Chaining the strongman
It is the common fate of the indolent to see their rights become a prey to the active. The condition upon which God hath given liberty to man is eternal vigilance; which condition if he break, servitu…
Kenya gives nod to Tiomin’s Kwale
Kenyan approval of the environmental management plan for the Kwale titanium-sands project sent shares in Tiomin Resources (TIO-T) soaring more than 42% in early trading in Toronto on Jan. 21.The appro…
Juniors join forces
Juniors St Andrew Goldfields (SAS-T), Royal Victoria Minerals (RVM-V) and United Tex-Sol Mines (UTX.A-V) have taken a cue from their larger peers and decided to merge.The 3-way merger calls…
Pele’s Cristal yields large stone (January 27, 2003)
Lakefield Research has recovered a 0.72-carat diamond from Pele Mountain Resources’ (GEM-V) Cristal occurrence, on the Festival property, near Wawa, Ont.The stone measures 4.42 by 4.28 by 3.58 mm and …
Plexmar raises Otish funds (January 27, 2003)
Plexmar Resources (PLE-T) has raised $457,000 for its Papaskwasti and Discovery diamond properties in Quebec’s Otish Mountains.At Papaskwasti, the junior will begin drilling after it analyzes results …
South Atlantic hot on Swedish targets; Rio Narcea
Drilling will follow relogging and sampling of existing coreVancouver — South Atlantic Ventures (saa-v) has begun exploring for Olympic Dam-style deposits of iron oxide, copper and gold (IOCG) in nor…
First Quantum expands Lonshi resource (January 27, 2003)
An independent resource estimate has added 21% more copper to the Lonshi copper oxide mine in the Democratic Republic of Congo.First Quantum Minerals (FM-T) says the increase reflects a 300-metre exte…
MOST ACTIVE ISSUES, JANUARY 15-21
Please Note: Owing to technical problems, this week’s stock tables are missing the “Change” and “Volume” columns. As a result the “Most Active Issues” and “Greatest Value Traded” tables could not be c…
Namex drills sulphides at Woods Creek (January 27, 2003)
Two holes drilled by Namex Exploration (NME-V) have confirmed the extension of sulphide mineralization beneath the Woods Creek showing in northern Ontario.The showing, which yielded 1.22% copper, 0.95…
Canadian Stock Exchange Indices (January 27, 2003)
DateJan. 21Jan. 20Jan. 17Jan. 16Jan. 15HighLow…