News

Tradex will highlight CIM show

The annual meeting of the Canadian Institute of Mining, Metallurgy and Petroleum, slated for April 28-May 1, 2002, in Vancouver, B.C., will once again feature the Tradex tradeshow. Tradex is expected …


Noranda marks $16 million to ‘green’ Horne

Noranda says it plans to invest more than $16 million to reduce sulphur dioxide (SO2) and particulate emissions from its Horne copper smelter in Rouyn-Noranda, Que.The company wants to reduce SO2 emis…


Trans Hex Group's alluvial diamond operations along the South African side of the Orange River provide the bulk of its revenue.

Trans Hex cans international subsidiary

South African-based Trans Hex Group has closed its till to subsidiary Trans Hex International (THI-V) and intends to seek court approval to wind down the company.Trans Hex Group, which mines alluvial …


Starfield proves up Ferguson Lake deposit

Vancouver — Ongoing drilling by Starfield Resources (SRU-V) has intercepted more high-grade platinum-palladium mineralization at the Ferguson Lake deposit, near Rankin Inlet in Nunavut.The latest dri…


Stillwater posts profit despite price slump

Platinum producer Stillwater Mining (SWC-N) earned US$10.3 million (or 26 per share) in the recent third quarter, compared with US$13.9 million (36 per share) in the corresponding period of 2000.Rev…


Daily Metal Prices (November 12, 2001)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 6Nov. 5Nov. 2Nov. 1Oct. 31Aluminium1251.50/126…


Linda Dandy, project geologist for Sultan Minerals at its Kena project in southern British Columbia, displays recently drilled core to analysts.

Sultan sets sights on Kena’s Gold Mountain zone

Ymir, B.C. — Having cut a narrow interval of bonanza-grade mineralization, Sultan Minerals (SUL-T) is stepping up exploration efforts at the 35-sq.-km Kena property, south of Nelson.The program is fo…


Wake-up call for investors in BC exploration

Vancouver — A couple of years ago, an eastern commentator said B.C. stands for “basket case” and that the province’s exploration industry is in a coma. But if any industry is likely to survive tough …


Weaker US dollar to benefit gold

Gold will remain a financial refuge in these uncertain times and the year-old bull run in gold equities has not yet reached its peak, according to an October 15th report by HSBC.The document, compiled…


Partners expand Agnew Lake property

Partners Pacific North West Capital (PFN-T) and New Millennium Metals (PGM-V) will acquire several more claims in the Agnew Lake intrusion, near Sudbury, Ont.In exchange for 6.5 sq. km, the pair must …


Western Areas keeps stake in South Deeps

After months of wrangling, South Africa’s Western Areas has decided not to sell its 50% stake in the South Deeps gold mine, near Johannesburg.Chief Executive Officer Brett Kebble says the company cons…


TSE Short Positions (November 12, 2001)

Short positions outstanding at October 31, 2001Larger individual positions include:Agnico-Eagle 397,538 up 106,712; Alcan Inc. 1,060,550 down 83,684; Barrick Gold 10,769,044 down 550,619;…


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