No nod for Zod
An independent review has reduced reserves at the Zod gold project in Armenia, leading First Dynasty Mines (FDM-T) to defer production until the project is privatized.Zod is held equally by First Dyna…
News
Unassayable in Arizona
“A gold mine is a hole in ground with a liar on top.”These words, usually attributed to Mark Twain, sum up the experience of many investors who have lost money in dubious mining projects.In Arizona, m…
Twin Mining shareholder gushes over Jackson Inlet diamonds
Antwerp-based Diamond Trading N.V. has provided Twin Mining (TWG-T) with a glowing assessment of 86 diamonds found in a 18.41-tonne sample collected from the Freightrain kimberlite at the Jackson Inle…
Zinc regains strength
The downturn in base metals prices accelerated during the report period July 23-27, with average London Metal Exchange (LME) cash prices of tin, nickel and copper shedding 4.5%, 3.5% and 3.3% respecti…
Exhibit traces history of yellow metal
What consists of a tiny pig weighing 18 grams, a half-dozen “doughnuts” and a palm-sized boat dating back to the Han Dynasty in China?Answer: the gold exhibit on display at the Pacific Mineral Museum …
Claude, Corner Bay top picks in junior sector
The high-tech boom may be almost over on North American equity markets, but junior mining companies are still having a tough time getting noticed by investors. Even smaller brokerage firms that once f…
Canadian Stock Exchange Indices (August 06, 2001)
DateJuly 24July 23July 20July 19July 18HighLowTSE 3007689.697641.327682.167602.577623.82…
Boliden’s losses narrow in quarter
The losses of cash-strapped Swedish-Canadian miner Boliden (BOL-T) shrank in the latest quarter, thanks to increased mining and smelting production.For the three months ended June 30, the company post…
MOST ACTIVE ISSUES, JULY 25-31
ExchgVol(000s)HighLowCloseChangeAlcoa*N 13982 40.00 37.00 39.23 + 2.00…
The Northern Miner — North American Mining Index (August 06, 2001)
70.11 (-1.25)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (August 06, 2001)
45.46 (-2.82)(Sept. 30/98 = 100)…
Kinross to test depth of Goose (August 06, 2001)
Kinross Gold (K-T) has begun drilling at the Goose Lake deposit of Wheaton River Minerals (WRM-T). It is the largest of six deposits that constitute the George Lake project in Nunavut.Kinross can earn…