Forestry permits delay work at Dairi
Vancouver — International Annax Ventures (IAX-V) reports that delays in the issuance of Forestry operating permits…
2002
South Africa represented at PDAC
South Africa will have a national pavilion at the annual convention of the Prospectors & Developers Association of Canada, slated for March 10-13 in Toronto.The pavilion represents 12 mining companies…
Northern Miner Indices (February 04, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…
Dare to look up
The opening month of 2002 provided a few signs that the mineral exploration business may at last be turning a corner.This year’s Cordilleran Roundup in Vancouver was the most successful in years, with…
Exchange Rates (February 04, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 29Jan. 28Jan. 25Jan. 24Jan. 16US$ in C$1.59041.61251.60791.6…
Higher spending in Quebec
Total exploration and appraisal spending in Quebec in 2001 increased by 15% to reach $119 million in 2001 (this includes $73.7 million in off-minesite spending and $45.2 million in minesite spending),…
Daily Metal Prices (February 04, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 29Jan. 28Jan. 25Jan. 24Jan. 23Aluminium1344/13…
Nevada Pacific explores South Carlin
Vancouver — Nevada Pacific Gold (NPG-V) and partner Placer Dome (PDG-T) have begun a first-phase, US$670,000 program aimed at exploring the South Carlin project in Nevada. The project is in the Carli…
Int’l Annax teams with Aussie miner Herald
Vancouver — International Annax Ventures (IAX-V) has inked a deal with its controlling shareholder, Australian-based Herald Resources, to become its wholly owned subsidiary.According to the deal, Her…
NovaGold doubles Donlin Creek resource
Vancouver — NovaGold Resource (NRI-T) has expanded the resource estimate for its Donlin Creek deposit in Alaska.The measured and indicated resource has increased 92% to 4.4 million contained ounces, …
Lonmin pitches tent in Sudbury camp
London-listed Lonmin has inked a deal with Wallbridge Mining (WM-T) to explore several of the company’s magmatic sulphide properties in the Sudbury basin of Ontario.The deal covers 19 projects and cal…
TSE reinvents itself as international bourse
In a surprise twist, the Toronto Stock Exchange took the spotlight over the Jan. 23-29 report period by announcing it was trimming its benchmark index by as many as 100 companies, based on share price…