Outokumpu rethinks Tara sale
Finnish miner Outokumpu has held talks with several firms regarding the sale of its 200,000-tonne-per-year Tara zinc mine in Ireland but will not confirm reports that Inmet Mining (IMN-T) is a potenti…
2002
Majescor cuts narrow kimberlite intercepts
Drilling by Majescor Resources (MAJ-V) on the Wemindji project on the eastern side of James Bay in northern Quebec has intercepted dyke-like intervals of kimberlite in two holes.The junior drilled fiv…
Bradley, Nuvumiut sign JV
Nuvamiut Development, an Inuit-run business in northern Quebec, has signed a joint-venture deal with Bradley Bros. to carry out surface and underground drilling over three years at the Raglan nickel m…
Ashton begins work at Potentilla kimberlite pipe
Ashton Mining of Canada (ACA-T) has begun an exploration program on the Kikerk Lake property in the north Slave Craton region of Nunavut.The program will entail collecting a mini-bulk sample from the …
PEOPLE (April 01, 2002)
Alcan — Yves Fortier appointed vice-chairman and director.Dofasco — John Mayberry appointed chairman and CEO; Brian MacNeill appointed lead director.Gold Canyon — Samuel Nunnemaker app…
Partners eye Sabara production (April 01, 2002)
Brazilian Resources (YBZ-V) and its operating partner, IMS Empreendimentos, are preparing to mine the former’s wholly owned Sabara gold deposit in the country’s Iron Quadrangle district.The open-pit o…
Lower-grade Freightrain yields gem-quality stones
Mini-bulk kimberlite samples gathered by Twin Mining (TWG-T) from six sites across the surface expression of the Freightrain prospect at the northern tip of Baffin Island have yielded an assortment of…
Western Copper moves ahead at Penasquito
Vancouver — Western Copper Holdings (WTC-T) is about to launch a 6,800-metre drill program on its Penasquito silver property in Mexico’s Zecatecas state, following tests which indicate potential for …
Daily Metal Prices (April 01, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 26March 25March 22March 21March 20Aluminium13…
Canadian Stock Exchange Indices (April 01, 2002)
DateMarch 26March 25March 22March 21March 20HighLowTSE 3007756.697751.337856.137856.337915.44…
Precious metals rise in tandem on eastern markets
Precious metals took the spotlight during the March 20-26 report period, with gold, silver, platinum and palladium all rising in London bullion markets.Gold appreciated an impressive $4.80 over the fi…
MOST ACTIVE ISSUES, MARCH 20-26
ExchgVol(000s)HighLowCloseChangeKinross GoldT257922.111.671.90+0.21…