Westmin earns more in quarter
Westmin Resources has found a 500-ft. eastward extension to the H-W massive sulphide deposit being developed at Myra Falls on Vancouver Island.A $20-million shaft-sinking program is more than halfway …
News
Manhattan in talks over Tambo Grande
Vancouver — Manhattan Minerals (MAN-T) is meeting with Peruvian government officials in a move aimed at advancing the Tambo Grande massive sulphide project.The meetings, which include Mines Minister …
Exchange Rates (October 29, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 23Oct. 22Oct. 19Oct. 18Oct. 17US$ in C$1.57201.57831.57…
Spot Prices Wed. October 24, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$276.15-$5.50Silver$ 4.25-$0.13Platinum$420.00-$…
TSE Short Positions (October 29, 2001)
Short positions outstanding at October 15, 2001Larger individual positions include:Anderson Exploration 435,920 down 670,775; Barrick Gold 11,319,663 down 448,477; Boliden 4,123,885 down…
PD slashes copper output
Vancouver — Sagging commodity prices have dented the bottom line of the world’s second-largest copper producer.Phoenix-based Phelps Dodge (PD-N) posted a net loss of US$100.6 million (or US$1.28 per …
Zircon prices should stabilize
The zircon market has undergone a reversal of fortune in recent years, according to The Economics of Zirconium (10th edition), published by London-based Roskill.The Asian economic crisis, followed by …
LME WHSE LEVELS (October 29, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 23/01 (change from Oct. 16 in brackets):MetalStock (tonnes)ChangeAluminium715275…
Ivanhoe delineates Discovery zone
Ongoing drilling by Ivanhoe Mines (IVN-T) has expanded gold-copper-molybdenum porphyry mineralization at the Turquoise Hill project in southern Mongolia.Final gold and copper assay results from diamon…
Goldcorp earnings up on Red Lake production
Goldcorp (G-T) has announced improved third-quarter earnings on higher production and improved gold prices.For the three months ended Sept. 30, the company earned US$10.6 million (or 13 per fully dil…
Workers never went on strike: Fording
I am writing to clarify information that appeared in your Oct. 8-14 issue. The story appeared under the headline “Fording, workers settle strike.”This headline is erroneous, as is the sentence in the …
DRC extends Afton at depth
Vancouver — Deeper drilling by DRC Resources (DRC-V) is attempting to boost tonnage at the past-producing Afton copper-gold mine, near Kamloops, B.C.Hole 42, drilled as part of an ongoing $2-million …