Sulliden wins award for Mario
Sulliden Exploration’s Mario property has been named Peru’s “mining prospect of the year” by a committee of 15 representatives of that country’s mining industry.The Montreal-based junior has an option…
News
Ruttan to close sooner
The Ruttan copper-zinc mine in northern Manitoba will be closing sooner than expected, owing to low metal prices.Hudson Bay Mining & Smelting had announced in the mid-1990s that the mine would shut do…
Daily Metal Prices (November 19, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 13Nov. 12Nov. 9Nov. 8Nov. 7Aluminium1303.50/13…
PGM traffickers cuffed
Johannesburg-based Business Day reports that local police have closed in on criminal syndicates suspected of stealing and trafficking in platinum group metals. Authorities arrested 40 people in the Ru…
Correction (November 19, 2001)
Vancouver — In our Nov. 5-11 issue, we reported that Eldorado Gold’s (ELD-T) projected production for 2001 is 117,000 oz. and that operating costs are forecast at US$209 per oz.Eldorado forecasts gol…
NAME CHANGES (November 19, 2001)
Lucero Resource (LCR-V) has changed its name to Squared Developments (SQD-V) on a 1-new-for-10-old-share basis.Totem Mining (TOH-V) has changed its name to Comcorp Ventures…
Silver Standard active in Argentina
Vancouver — Junior Silver Standard Resources (SSO-V) reports impressive results from infill and exploration drilling at the Manantial Espejo silver-gold project in Argentina’s Santa Cruz province.So …
Mtn Province arranges financing
Low on cash, Mountain Province Diamonds (MPV-T) intends to raise just under a million dollars in a private placement of more than 1.9 million units priced at 50 apiece.A unit will consist of one shar…
Sultan expands Gold Mountain anomaly
Vancouver — At its Kena property, north of Ymir, B.C., Sultan Minerals has expanded a gold-in-soil anomaly 1,200 by 600 metres.Soil sampling on the Gold Mountain grid previously defined highly anomal…
GREATEST VALUE TRADED, NOV. 7-13
ExchgVal($000s)HighLowCloseChangeAlcoa*N39981536.4633.6036.30+2.29…
Northern Miner Indices (November 19, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Idaho Cons. breaks pact with Crystallex
Under a mutual agreement, Crystallex International (KRY-T) will no longer be providing technical support services to Idaho Consolidated Mines (IDO-V) at the Stillwater complex in Montana.The original …