Francisco cuts high-grade gold at Marlin
Vancouver — Junior Francisco Gold (FGX-T) has tabled more impressive results from an ongoing 3,000-metre drill program at its wholly owned Marlin gold-silver project in western Guatemala.Since April,…
2001
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…
Barrick at work in Alaska
Vancouver — Mining titan Barrick Gold (ABX-T) has kicked off a $600,000 exploration program on the California and Surf properties, held jointly by Rimfire Minerals (RFM-V) and Western Keltic Mines…
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…
NovaGold explores Donlin Creek gold project
Denver — Junior NovaGold Resources (NRI-T) has begun modelling the Donlin Creek deposit in southwestern Alaska in preparation for further drilling in July.Earlier this year, the California-based comp…
Producer and Dealer Prices (June 18, 2001)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.80/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.00-12.75/lb.Copper: Comex May US$0.726/lb.Indium: Ind…
Gold regains lost ground
Denver — The Dow Jones industrial average sunk 227.46 points, or 2%, to close at 10,948.38 for the report period ended June 12, while spot gold on the Comex division of the New York Mercantile Exchan…
Freewest resumes work in NB
A second round of drilling is under way on the Clarence Stream gold property in southwestern New Brunswick.Freewest Resources Canada (FWR-M) ended a first pass of drilling in April after completing 3,…
Metal Prices (June 18, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 12June 11June 8June 7June 6Aluminium1467/1487…
Shore resumes work at Star
Junior Shore Gold (SGF-V) has resumed drilling on its wholly owned Star kimberlite property, 60 km east of Prince Albert, Sask.The 7-hole program is designed to increase the level of confidence in the…
Broad market takes it on the chin
Weighed down by a sagging industrial products sector, the Toronto Stock Exchange 300 index slipped 164.04 points over the June 6-12 report period. The broad market ended the week at 8,094.78.Gold gain…
Mining sector shines as CDNX slumps
Vancouver — Mining stocks were the only bright spots on Canada’s junior exchange as all other sectors slid into negative territory. The Canadian Venture Exchange composite index lost 10.28 points, or…