South African investment
Mining companies have committed a total R78 billion to the development, over the next three years, of capital projects across South Africa.According to the Johannesburg-based South Africa Chamber of M…
News
CVRD eyes copper in Brazil (November 05, 2001)
Vancouver — Companhia Vale do Rio Doce (CVRD) has inked a US$42.5-million deal with Phelps Dodge (PD-N) to pick up the half-stake it does not already own in the Sossego copper-gold property in north-…
Placer, Grayd table results from White Gold project
Vancouver — A 1,740-metre drill program by Placer Dome (PDG-T) and Grayd Resources (GYD-V) has returned up to 12.2 grams gold per tonne over 1.3 metres on the White Gold property near Tok, Alaska.The…
NAME CHANGES (November 05, 2001)
Fosters Resources (FRE-V) has changed its name to Blue Mountain Resources (BMR-V) on a 1-new-for-4-old-share basis.
BLM decision gives Imperial project new lease on life
Vancouver — The stalled permitting process at Glamis Gold’s (GLG-T) Imperial project in southern California got a boost after the Department of Interior’s Bureau of Land Management (BLM) reversed a l…
PDAC to focus on hot spots
The annual convention of the Prospectors and Developers Association of Canada, slated for March 10-13, 2002, at the Metro Toronto Convention Centre, will feature a keynote session on exploration hot s…
Gold to rise: TD study
A study by TD Economics into the causes of gold’s misfortunes over the past two decades concludes that prices are likely to trend modestly higher in the coming years.The report, titled Gold’s Lost Lus…
Hope Bay partners evaluate project’s economics
This year’s $16.4-million exploration campaign at the Hope Bay gold project, north of the Arctic Circle, will culminate with an independent scoping study sometime before year-end.Joint-venture partner…
Canadian Royalties proves up Expo-Ungava deposit
Vancouver — The discovery of platinum-palladium mineralization associated with previously identified copper-nickel prospects has triggered renewed interest in the Ungava ultramafic belt of northern Q…
The Northern Miner – North American Mining Index (November 05, 2001)
66.45 (+1.74)(Sept. 30/98 = 100)…
The Northern Miner – Small Producers Index (November 05, 2001)
45.83 (+0.44)(Sept. 30/98 = 100)…
Gold Funds (November 05, 2001)
Gold Funds as of October 25, 2001Dundee Precious MetalsCentral FundNet Value$13.23$5.35Price$9.05$5.49…