Eaglecrest advances San Simon
Vancouver — Now that dewatering of the underground decline is complete, Eaglecrest Explorations (EEL-V) has resumed its bulk-sampling program at the San Simon gold project in Bolivia.The junior expec…
2002
GREATEST VALUE TRADED, NOV. 13-19
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N30334525.2023.5123.66-0.62…
Gold Hawk dives as Meridian bails
Shares of Montreal-based junior Gold Hawk Resources (CGK-V) took a tumble after operator Meridian Gold (MNG-T) decided to drop the Machacala gold-silver project in Peru.In a prepared statement, Gold H…
Int’l Uranium develops new feed program at White Mesa mill
Vancouver — International Uranium (IUC-V) and privately owned Nuclear Fuel Services of Tennessee have formed a 50-50 joint-venture company in order to develop a new feed program for the former’s Whit…
Tiberon expands prefeasibility at Nui Phao
Vancouver — Tiberon Minerals (TBR-V) has expanded the scope of its prefeasibility study of the Nui Phao tungsten-polymetallic deposit in northern Vietnam.Recent work suggests operating costs may be l…
LME Warehouse Levels (November 25, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 19 (change from Nov. 12 in brackets):MetalStock(Tonnes)ChangeAluminium1289125(+2…
Ceramics fuel feldspar demand
Strong growth in the production of ceramics, particularly in Italy, Spain and China, continues to push up demand for feldspar, according to a report by London-based Roskill Information Services.The st…
Odds ‘n’ sods: Flying over Red Lake
The idea of flying prospectors and supplies into the field occurred to John Hammel in 1925, when he engaged the air service branch of the Ontario Department of Lands and Forests to fly 15 tons of supp…
Breakwater suffers credit crunch (November 25, 2002)
Zinc miner Breakwater Resources (BWR-T) has entered talks with its creditors after announcing it probably will be unable to make certain scheduled debt payments by Jan. 2.The talks are aimed at extend…
Black Hawk posts small quarterly loss
With production from the Limon gold mine in Nicaragua down from last year, Black Hawk Mining (BHK-T) lost US$432,000 on revenue of US$4.3 million in the three months ended Sept. 30.For the first nine …
Corner Bay-Pan Am merger delayed
The closing date of the merger between Corner Bay Silver (BAY-T) and Pan American Silver (PAA-T) has been delayed until mid-December while the latter continues to secure a water source to enable heap-…
Spot Prices Wed. November 13, 2002 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$319.00-$4.20Silver$ 4.55-$0.02Platinum$593.00+$…