News

LME Warehouse Levels (July 09, 2001)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 3/01 (change from June 26 in brackets):MetalStock (tonnes)ChangeAluminium626275(…


CIM seeks comments on valuation code

An outgrowth of the 1999 report of the Mining Standards Task Force, which tightened reporting requirements for mineral exploration companies listed on Canadian exchanges, is a greater concern over the…



Producer and Dealer Prices (July 09, 2001)

Antimony: Mid-mkt US$1,110/t.Bismuth: Mid-mkt US$3.75/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.40-11.50/lb.Copper: Comex Sept. US$0.714/lb.


Sultan Minerals cuts gold at Kena project

Vancouver — Initial results from ongoing drilling by Sultan Minerals (SUL-V) are comfirming the bulk-tonnage potential of the Silver King porphyry on the Kena gold property, near Nelson in southeaste…


US interest rate cut gives TSE a jolt

Buoyed by another cut in interest rates south of the border, the Toronto Stock Exchange 300 index rose 136.31 points over the holiday-shortened week of June 27-July 3 to finish the period at 7,748.32….


State unveils map of Duluth complex

The Minnesota Geological Survey has released a preliminary map of the Duluth complex in the state’s northeastern region.The map, which is based on old and new geological data collected over 40 years, …


Analyst sees Namco rising from watery grave

Marine diamond mining is a high-risk business, as Namibian Minerals (NMR-T) discovered earlier this year when its NamSSol crawler system split in two while being recovered from the sea-bed in coastal …


Sulphides found at Stares

Vancouver — After years of chasing the source of high-grade ploymetallic boulders, partners RJK Explorations (RJX.A-V) and Greater Lenora Resources (GEN-T) have uncovered a 10-metre-wide zone of sul…



PEOPLE (July 09, 2001)

Boliden — Jan Johansson appointed president and CEO.Dia Met — Kowie Strauss appointed chairman; Graham Nicholis, appointed president, CEO and director; Chris Ryder appointed company secretary and CF…


Partners OK budget for Carat

Vancouver — Partners Diamondex Resources (DSP-V) and Tyler Resources (TYS-V) have approved a $860,000 summer exploration program on the Carat diamond property, some 350 km northeast of Yellowknife, N…


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