Starfield bullish at Ferguson Lake
Vancouver — Starfield Resources (SRU-V) reports encouraging results from stepout and infill drilling at its Ferguson Lake nickel/copper/ cobalt/platinum-group-metal project in Nunavut.A stepout hole …
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Freewest finds
Surface drift prospecting by Freewest Resources Canada (FWR-V) has turned up angular boulders with high gold grades at the Smoke Lake property in the Hemlo area of north-central Ontario.Smoke Lake, a …
PEOPLE (August 05, 2002)
Alcoa — Russell Porter appointed VP and deputy general counsel.Anglo American — Mark Moody-Stuart appointed chairman.Apollo Gold — G.W. Thompson appointed non-executive chairman of the…
LionOre extends Waterloo (August 05, 2002)
Drilling by LionOre Mining International (LIM-T) on the Wildara property in Western Australia has extended the strike length of the Waterloo nickel-platinum-group-metals deposit by 250-750 metres.The …
Almaden spins drills at Elk project
Vancouver — Aiming to expand the known resource of the Siwash North and WD vein systems, junior Almaden Minerals (AMM-T) has launched a $350,000 drill program at its wholly owned Elk gold property in…
Northern Miner Indices (August 05, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
LME Warehouse Levels (August 05, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 30 (change from July 23 in brackets):MetalStock (tonnes)ChangeAluminium1267425(+…
Policies aim to strengthen Canada’s north
The federal government has introduced policies designed to strengthen standards for environmental protection through the reclamation of producing mine sites.The policies were developed in consultation…
Looking out for shareholders
The arrest of John Rigas and two of his sons, all former executives of insolvent Adelphia Communications, on securities fraud charges, and revelations that executives at Qwest Communications Internati…
Pyhasalmi works for Inmet
In spite of low prices for zinc and copper, Inmet Mining (IMN-T) saw good operating performance from its two copper-zinc mines, Pyhasalmi in Finland and Cayeli in Turkey, and posted a $1.6-million pro…
Slumping gold weighs down Venture exchange
Vancouver — Investors shied away from Canada’s junior exchange as the S&P composite index continued its bumpy slide over the week ended July 30. The TSX Venture Exchange shed 32.83 points, or 3.13% o…
Silver Standard inks Challacollo option (August 05, 2002)
Vancouver — The results from a due diligence program have prompted Silver Standard Resources (SSO-V) to continue working the Challacollo silver-gold property in northern Chile.The 2,500-metre program…