Maude Lake busy at Comtois
Montreal-based Maude Lake Exploration (MAU-M) has signed an option agreement with Newmont Mining (NEM-N) that will allow the junior to acquire a 95% interest in a 15-claim property north of, and conti…
News
Gold Hawk to test Machacala Aurora
Gold Hawk Resources (CGK-M) has raised $216,000 by privately placing 1 million shares priced at 20 apiece with nine investors. Each share includes a warrant entitling the holder to buy another share …
Akrokeri weathers shortfall
Heavy rains at its 85%-owned Bonte mine in Ghana caused a production shortfall for Akrokeri-Ashanti Gold Mines (YAG-V) in the second quarter.Production at the alluvial gold operation slowed to 17,512 …
Study offers positive outlook for coal
Consumption for internationally traded thermal coal will likely remain strong, while coking demand is expected to be steady over the long term, according to a study by AME Mineral Economics of Austral…
News – 20-AUG-01
General Minerals drops Escalones (August 20, 2001)
Vancouver — Denver-based General Minerals (GNM-T) has decided to drop the promising Escalones copper skarn project in Chile, where a large lease payment was due this month.The company failed to find …
Producer and Dealer Prices (August 20, 2001)
Antimony: Mid-mkt US$1,005/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.30-11.00/lb.Copper: Comex Sept. US$0.6655/lb.Indium: I…
Gabriel tables study for Rosia Montana
Gabriel Resources (GBU-T) has announced the completion of a feasibility study of its 80%-owned Rosia Montana gold project in Romania. The study focuses on the potential for developing a large-scale op…
WMC eyes nickel-copper project
Australia’s WMC (WMC-N) is aggressively exploring its Quebec 7 project, situated about 300 km north of Schefferville.An extensive airborne electromagnetic geophysical survey of some 16,000 line km has…
Silver Standard expands Manantial Espejo
Vancouver — Following a drill program at the Manantial Espejo silver-gold deposit in southern Argentina, Silver Standard Resources (SSO-V) has increased its indicated silver-equivalent resource at th…
Northern Miner Indices (August 20, 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…
Canadian Stock Exchange Indices (August 20, 2001)
DateAugust 14August 13August 10August 9August 8HighLowTSE 3007605.527632.707644.727695.26…