Slumping copper typical of base metals complex
The report period March 19-23 was a mixed one for base metals, as markets were dominated by collapsing global equities values. Copper prices continued in the steep downtrend established in early March…
News
National Gold closes Salamandra deal
Vancouver — Having made the initial $250,000 payment required for the purchase of the Salamandra gold property in Mexico, National Gold (NGT-V) must now raise $3.6 million by Aug. 30.The junior took …
Metal Prices (April 02, 2001)
DateMarch 27March 26March 23March 22March 21BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Canadian Stock Exchange Indices (April 02, 2001)
— 52-week –DateMarch 27March 26March 23March 22March 21High…
Avalon cuts mineralization at East Braintree tantalum project
Vancouver — Two holes drilled at the Lucy North prospect, part of the East Braintree tantalum project in southeastern Manitoba, have returned encouraging values for partners Avalon Ventures (AVL-V) a…
A call for tax reform
COMMENTARY/GUY DUFRESNEMore government involvement is needed to spur investment in mineral exploration in Canada, according to Guy Dufresne, chairman of the Mining Association of Canada.Speaking at th…
Repadre in black despite year-end writedown
Improved earnings from the Tarkwa gold mine in Ghana meant Repadre Capital (RPD-T) turned a profit of $2.7 million on revenue of $8.9 million in 2000, while taking a $3-million charge against assets o…
New vein hit at San Jeronimo
Vancouver — A 6-hole drill program by Peruvian-based Mauricio Hochschild & Compania has hit a new silver vein on Western Copper Holdings’ (WTC-T) San Jeronimo property in Zacatecas state, Mexico.Thre…
Minera Andes inks Argentine deal with Hochschild
Denver — Minera Andes (MIA-V) will begin drilling on the El Pluma-Cerro Saavedra silver-gold property in southern Argentina once it completes a joint-venture deal with Peru-based Mauricio Hochschild …
Nevada court dismisses Campo Morado suit
A Nevada court has ruled against David Hermiston in a claim launched by a unit of Farallon Resources (FAN-T), thus ending all but the final chapter in a long-running dispute over ownership of the Camp…
Tahera plans Jericho development
Armed with a positive feasibility study, Tahera (TAH-T) plans to develop its wholly owned Jericho diamond project, 420 km north of Yellowknife, N.W.T.Earlier this year, a revised project proposal and …
High grades at River Valley
Vancouver — Results from an ongoing 11,000-metre drill program by Pacific North West Capital (PFN-V) continue to show high-grade zones within a broad envelope of lower-grade mineralization at the Riv…