Gold slips back to low US$280s
The downward trend in gold prices that began after the U.S. started bombing Afghanistan continued through the Oct. 10-16 report period, with the yellow metal falling US$4.85 to fix at US$281.65 per oz…
2001
Northgate eyes expansion at Kemess North
Smithers, B.C. — After streamlining operations at Kemess South, 250 km north of here, Northgate Explorations (NGX-T) has turned its attention to expanding resources at the Kemess North project, 5.5 k…
The Northern Miner — North American Mining Index (October 22, 2001)
67.37 (+0.74)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (October 22, 2001)
46.87 (+1.08)(Sept. 30/98 = 100)…
Mustang, Implats forge ahead at River Valley
Trenching at the River Valley project in northern Ontario has uncovered more rich platinum-palladium grades for partners Mustang Minerals (YMU-V) and Impala Platinum.Each of two trenches, spaced 950 m…
Negotiations on Voisey’s Bay extended
Talks between Inco (N-T) and the Newfoundland government have been extended until year-end to give the parties more time to hammer out a development deal for the Voisey’s Bay nickel project in Labrado…
Canadian Stock Exchange Indices (October 22, 2001)
DateOct. 16Oct. 15Oct. 12Oct. 11Oct. 10HighLowTSE 30070…
Aripuana stepout confirms sulphides
Drilling by Anglo American (AAUK-Q) on an electromagnetic (EM) anomaly at the Aripuana property in Brazil’s Mato Grosso state has confirmed massive sulphides 500 metres along strike from the previous …
First Quantum cuts copper grades at Nkana
Infill drilling by partners First Quantum Minerals (FM-T) and Swiss-based Glencore International is attempting to replenish reserves at the Nkana copper-cobalt operation in Zambia’s copper belt.Nkana …
Sultan tables bonanza gold grades
Vancouver — The eighth hole drilled by Sultan Minerals (SUL-V) at the Gold Mountain porphyry zone, part of the Kena property, near Nelson, B.C., has returned a 2-metre section running an impressive 1…
Estimation Guidelines committee off and running
An Estimation Guidelines committee led by the Canadian Instiute of Mining, Metallurgy and Petroleum (CIM) and created as a result of recommendations of the Mining Standards Task Force is busy preparin…
NAME CHANGES (October 22, 2001)
Spokane Resources (SKN-V) has changed its name to SKN Resources (SRL-V) on a 1-new-for-10-old share basis.Lucero Resource (LCR-V) has changed its name to Squared Developments…