Encouraged by the potential of the Turquoise Hill copper-gold project in southern Mongolia, Ivanhoe Mines (IVN-T) has assigned three drill rigs to the Central Oyu zone, where it recently cut a signifi…
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 5March 4March 1Feb. 28Feb. 27Aluminium1403/14…
Vancouver — Canada’s junior exchange broke out of its recent slide and posted modest gains during the 5-day report period ended March 5. The Standard & Poor’s/CDNX composite index gained 27.45 points…
The final day of the Feb. 27-March 5 report period saw the Bank of England dump another 643,200 oz. gold on the open market. The bank’s latest auction fetched US$296.50 for every ounce sold and was 3….
Precious MetalsPrice (US$/oz.)ChangeGold$294.35-$4.95Silver$ 4.53+$0.08Platinum$508.00+$…
Patrician Consolidated Gold Mines (PXC-V) has staked the 268-sq.-km Blackwater Lake property, 550 km northwest of Yellowknife, N.W.T.The two claim groups, comprising 33 units, are accessible via a win…
ExchgVal($000s)HighLowCloseChangeAlcoa*N79945239.7036.5838.43+0.93…
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…
Vancouver — Shear Minerals (SRM-V) has halted its Birch Mountain diamond exploration program in Alberta owing to the removal of winter road systems (for oil and gas companies) and a warming weather t…
Vancouver — A 6-hole drill program by Slam Exploration (sxl-v) has returned encouraging polymetallic values from the O’Hearn-Strachens massive sulphide property, near Bathurst, N.B.Five of the holes …
Surface samples taken by Dianor Resources (DOR-V) from a lamprophyre dyke swarm on the Yasinski North claims in the James Bay region of northern Quebec have proved either barren or weakly diamondifero…
With extensive exploration under way for diamond occurences throughout Canada, including encouraging results in northern Ontario and Quebec, you can imagine my surprise when I was recently reading thr…
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