Inmet drills Lemoine
Four drill holes at the Lemoine property, 25 km southeast of Chibougamau, Que., have returned low-grade intersections for operator Inmet (IMN-T) and partner Loubel Exploration (LBX-V).Inmet, which is …
News
Ashton reports new find at Otish
Vancouver-based Ashton Mining of Canada (ACA-T) has discovered a second kimberlitic-type body in the Otish Mountains region of north-central Quebec.A hole drilled vertically into a geophysical anomaly…
METAL PRICES (October 29, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 23Oct. 22Oct. 19Oct. 18Oct. 17Aluminium…
Oliver poised to merge with private company
Vancouver — Oliver Gold (OGO-V) has proposed merging with privately owned Hastings Resource, which holds the rights to the Ona-Puma nickel laterite project, in the northern Brazilian state of Par.H…
Rio drills Cukurdere
Having already exceeded their 2001 drilling budget at the Cukurdere gold project in Turkey, Anatolia Minerals Development (YMC.U-V) and Rio Tinto (RTP-N) have earmarked another $500,000 for follow-up …
Northern Miner Indices (October 29, 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…
Inco squeaks out third-quarter profit
Despite precipitous declines in nickel and copper prices during the third quarter, Inco (N-T) managed to bank a US$33-million profit on sales revenue of US$434 million.The earnings figure, which inclu…
Santa Rosa yields gold for refining
From its pilot plant at the Santa Rosa project in southeastern Peru, Andean American Mining (AAG-V) has delivered the first 7.8 kg of gold concentrates for refining. The shipment sold for US$282.60 pe…
PEOPLE (October 29, 2001)
Alcan — Clarence Chandran and Brian Levitt appointed directors.Cream Minerals — Ferdinand Holcapek appointed director.Diamondex — James Eccott appointed director.Idaho Cons…
Canadian Stock Exchange Indices (October 29, 2001)
DateOct. 23Oct. 22Oct. 19Oct. 18Oct. 17HighLowTSE 3006904.246905.216910.966899.966956.78…
MOST ACTIVE ISSUES, OCTOBER 17-23
ExchgVol(000s)HighLowCloseChangeAlcoa*N1443334.2331.3033.75+0.94…
National deals Salamandra
Vancouver — Juniors National Gold (NGT-V) and Alamos Minerals (AAS-V) have entered into a joint-venture agreement regarding the Salamandra property in Mexico’s Sonora state.Alamos can earn a half-int…