GQ yields quarter-carat stone
Band-Ore Resources (BAN-T) has recovered the largest diamond that bedrock sources have yielded so far in the Wawa a…
2001
Pele Mountain finds five new showings
Junior Pele Mountain Resources (YPN-V) has uncovered five new diamond showings at its Festival property near Wawa,…
Olympus targets high-grade core
Vancouver — The latest drill results from the Bai Go portion of the Phuoc Son gold property in Vietnam have propel…
Magino gets a resource boost
Vancouver — An updated resource estimate on Golden Goose Resources’ (GGR-V) Magino gold project may put some life…
Sides resume Voisey’s Bay talks
Talks have resumed between Inco (N-T) and the government of Newfoundland to get the long-stalled Voisey’s Bay nicke…
Gabriel postpones equity offering
Vancouver — A $10-million bridge financing has paved the way for Gabriel Resources (GBU-T) to postpone a planned e…
CCR copper refinery deal ratified
Unionized employees have voted 67% in favour of accepting the terms of a new three-year agreement at Noranda’s (NOR…
Trading Summary (June 18, 2001)
The further misadventures of market heavyweight Nortel Networks dragged the Toronto Stock Exchange down another 108…
Goldcorp’s Red Lake Canada’s largest gold mine
Move over Golden Giant and Eskay Creek. The new Red Lake mine, owned and operated by Toronto-based Goldcorp (G-T), has become Canada’s largest gold operation, based on this year’s revised production e…
Getting certified in BC
The question of how to certify mineral assay laboratories and analysts has been a hot topic in the industry over the past few years. In British Columbia, a successful program of assayer registration h…
Gold regains lost ground
Denver — The Dow Jones industrial average sunk 227.46 points, or 2%, to close at 10,948.38 for the report period ended June 12, while spot gold on the Comex division of the New York Mercantile Exchan…
Metal Prices (June 18, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 12June 11June 8June 7June 6Aluminium1467/1487…