PFN coasts on River Valley
A fifth phase of drilling has doubled the size of the River Valley palladium deposit in northern Ontario, reports Pacific North West Capital (PFN-T).Combined measured and indicated resources now stand…
Platinum Group Metals Ltd
Third-quarter earnings up at Inco
Nickel producer Inco (N-T) saw its earnings increase in the normally slow third quarter, largely owing to higher nickel prices.Inco posted a US$84-million profit, or net earnings of US$91 million, for…
Discouraging data dampen metals prices
Sept. 16-20 at a Glance- Copper — Chinese production rises, but net imports remain strong.- Aluminum — Company share-price declines highlight poor demand, while primary production rises.- Nickel — …
Aussie success drives LionOre’s growth
Perth, Australia — The last couple of years have been stellar ones for LionOre Mining International (LIM-T). Through timely acquisitions and a string of grassroots discoveries in Western Australia, t…
Venture exchange bucks downward trend
Vancouver — Despite the major bourses being spooked by profit warnings, Canada’s junior exchange managed to scrape together a few points to buck the trend over the week ended Sept. 17. The TSX Ventur…
SouthernEra tables resource
SouthernEra Resources (SUF-T) and equal partner Mvelaphanda Resources, a black empowerment group, have tabled an independently verified initial evaluation of three recently awarded platinum properties…
Western markets remain sluggish
Vancouver — Canada’s junior bourse edged up slightly over the holiday-shortened trading week ended Sept 3. The TSX Venture Exchange composite index added 0.73 of a point, or 0.07% of its value, to cl…
Freegold looking to feed Fort Knox
Fairbanks, Alaska — With what appears to be an upturn in the gold market, International Freegold Mineral Development (ITF-V) is focusing its exploration efforts on Alaska.The company’s flagship prope…
SouthernEra takes Messina to the bank (September 02, 2002)
A bankable feasibility study of the Phase 2 project on the Doornvlei property at the Messina platinum group metals (PGM) mine in South Africa, has come back positive for SouthernEra Resources (SUF-T)….
Producers rise as broad market blows
The Toronto Stock Exchange composite index began the Aug. 21-27 report period on an upswing and stayed that way until the final day, when it reversed to 6,642.83 for a modest loss of 12.46 points over…
PFN kicks off Agnew drill program
Vancouver — Pacific North West Capital (PFN-V) has begun diamond drilling at its Agnew Lake platinum group metal (PGM) property, near Sudbury, Ont.The company is earning a half-interest in the proper…
Sudbury: the need for feed
Large metal operations take on a life of their own in established mining camps. One result is that milling and smelting capacity create demand for near-term sources of ore.Certainly Sudbury has follow…