Aur, Arizona Star hit gold in Chile
Partners Aur Resources (AUR-T) and Arizona Star Resource (AZS-V) are planning more work to test a newly discovered gold zone on the Agua de la Piedra property in northern Chile.Operator Aur, which hol…
News
Canaccord hosts gold seminar
Robert Buchan, president of Kinross Gold, and Anthony Walsh of Miramar Mining will speak at a seminar on precious metals, to be held June 21 at the Toronto Board of Trade.Canaccord Capital is sponsori…
Aylmer Lake find proves diamond-bearing
A narrow kimberlite dyke discovered during spring drilling on the Aylmer Lake West property in the Northwest Territories has yielded an encouraging number of microdiamonds.A 1.6-metre-thick interval o…
Copper and zinc test new lows
The base metals market deteriorated further during the report period June 4-8. Only the performance of tin, the average cash price of which gained 3% on aggressive fund buying, saved it from an across…
Majescor chases diamond deposits in northern Quebec
Exploration for a specific mineral will sometimes lead to the discovery of an entirely different commodity, as happened in the mid-1990s, at Voisey’s Bay, Labrador, when two prospectors found a world-…
Gold regains lost ground
Denver — The Dow Jones industrial average sunk 227.46 points, or 2%, to close at 10,948.38 for the report period ended June 12, while spot gold on the Comex division of the New York Mercantile Exchan…
First Quantum closes financing
Vancouver-based First Quantum Minerals (FM-T) has done what few seem able to do these days: raise millions of dollars on the market.The company issued 8.7 million shares at $4.05 apiece, for gross pro…
The Northern Miner — North American Mining Index (June 18, 2001)
76.62 (-2.24)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (June 18, 2001)
56.86 (-1.27)(Sept. 30/98 = 100)…
GOLD FUNDS (June 18, 2001)
Gold Funds as of June 7, 2001Dundee Precious MetalsCentral FundNet Value$13.55$5.14Price$9.65$5.00…
Freewest resumes work in NB
A second round of drilling is under way on the Clarence Stream gold property in southwestern New Brunswick.Freewest Resources Canada (FWR-M) ended a first pass of drilling in April after completing 3,…
Spot Prices Wed. June 13, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$271.80+$4.85Silver$ 4.39+$0.03Platinum$574.00-$…