Rio Tinto takes bulk sample from Aredor project
A field season of exploration at the joint-ventured Aredor concession in Guinea has culminated in Rio Tinto’s (RTP-N) taking a 500-tonne test sample of the multi-phase K23 kimberlite.The major can ear…
News
To analysts: the sky is not falling
The pessimism over the economy that is being preached by star-gazing analysts leaves me on the high side of investor rage.As the commerce barometer retreats from five years of breaking the sound barri…
Robert’s Arm extended to partners
A second phase of drilling in the Buchans-Robert’s Arm volcanic belt of central Newfoundland has come back dry for Altius Minerals (ALS-V) and Inmet Mining (IMN-T).The partners sank one new hole and e…
Fort Knox inches closer to Inco properties
Vancouver — Fort Knox Gold Resources (FNX-T) has moved a step closer in its attempt to acquire five of Inco’s (N-T) properties in Ontario’s Sudbury Basin.The nickel giant has signed a non-binding let…
LME Warehouse Levels (October 01, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 25/01 (change from Sept. 18 in brackets):MetalStock (tonnes)ChangeAluminium708025…
Gold Funds (October 01, 2001)
Gold Funds as of September 20, 2001Dundee Precious MetalsCentral FundNet Value$14.01$5.68Price$11.00$5.50…
Ontario gives financial aid to CAMESE
The Ontario government will provide $50,000 to the Canadian Association of Mining Equipment and Services for Export (CAMESE) in an effort to improve the organization’s export marketing activities.”The…
Tiberon expands tungsten project
Vancouver — Results from ongoing drilling have prompted Tiberon Minerals (TBR-V) to increase its land holdings around the Nui Phao tungsten project, 80 km north of Hanoi, Vietnam.The program continue…
CDNX sinks as warships set sail
Vancouver — With U.S. forces assembling in the Persian Gulf, the prospect of a prolonged “battle against terrorism” took its toll on Canada’s junior exchange during the week ended Sept. 25. The Canad…
Third kimberlite found at Rockinghorse
Kennecott Canada Exploration has made another kimberlite discovery on Tahera’s (TAH-T) Rockinghorse property in Nunavut. It is the third such discovery since the current exploration campaign began.The…
AK claims yield more diamonds (October 01, 2001)
A total of 1,665 carats of diamonds have been recovered from sample concentrates from the Hearne and 5034 kimberlite pipes on the AK claims in the Northwest Territories.Drilling by De Beers Canada, a …
Metal Prices (October 01, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 25Sept. 24Sept. 21Sept. 20Sept. 19…