Metal Prices (January 22, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 16Jan. 15Jan. 12Jan. 11Jan. 10Aluminium1597/15…
News
Tenke hits hot holes at Filo del Sol in high Andes
Vancouver — Reverse-circulation drilling by Tenke Mining (TNK-T) has cut impressive copper-silver-gold mineralization on the 264-sq.-km Vicuna property, which straddles the border between Chile and A…
Anaconda exercises Magistral option
Vancouver — Having completed an internal scoping study of Inca Pacific Resources’ (IP-V) Magistral porphyry-skarn project in northern Peru, Anaconda Peru is continuing its exploration effort.As part …
Goldcorp revises Red Lake forecast
Higher head grades have prompted Goldcorp (G-T) to increase its 2001 production forecast for the Red Lake mine in Ontario.The mine, which re-entered commercial production on Jan. 1, is now expected to…
Correction (January 22, 2001)
Placer Dome (PDG-T) has placed the Cerro Casale gold-copper project on hold because of low gold prices. However, the major still holds the right to acquire a 51% stake in the Chilean project owned joi…
News – 22-JAN-01 (January 22, 2001)
PEOPLE (January 22, 2001)
Alcan Aluminium — William Blundell appointed interim president and CEO.Nord Pacific — Leland Erdahl appointed director, chairman, president and CEO.Tan Range — Oliver Lennox-King, Albe…
Ventersdorp study under way
In preparation for their proposed merger, Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have initiated a prefeasibility study at the latter’s Ventersdorp diamond project in South Afri…
Wallbridge sees continuity in Parkin nickel project
Drilling by Wallbridge Mining (WM-T) on the Parkin dyke, 65 km northeast of Sudbury, Ont., is indicating that known mineralization is continuous at depth and that the mineralized zones may plunge to t…
Corriente confirms copper core at Panantza project
Vancouver — The final results from a 17-hole drill program targeting the Panantza porphyry system in southern Ecuador has junior Corriente Resources (CTQ-T) considering a stand-alone operation.Previo…
Undermining gold
After investigating the sale of a substantial portion of the United Kingdom’s gold reserves, Britain’s National Audit Office (NAO) has concluded that the auction method used was more suitable than the…
MOST ACTIVE ISSUES, JAN. 10-16
ExchgVol(000s)HighLowCloseChangeWilliam ResT 30250 0.05 0.04 0.04 + 0.00…