Odyssey drills Altintepe gold prospect
Vancouver — Looking to outline a bulk-mineable oxide gold system, Odyssey Resources (ODX-V) has begun diamond drilling on the Altintepe gold property, on Turkey’s Black Sea coast.Field work has ident…
2002
QGX confirms oxide gold in Mongolia
Vancouver — A 7-hole drill program centred on the Central Valley zone of the Golden Hill prospect in Mongolia has returned encouraging values for owner QGX (QGX-V).The first two holes proved to be th…
Investors bid up junior golds
Vancouver — Santa Claus brought early Christmas presents to Canada’s junior exchange over the holiday-shortened report period ended Dec. 20 as investors placed bets that 2003 will be a good year for …
Goldcorp dumps Platinova, Caisse de depot trims Teck holdings
Recent insider trading transactions reported by the Ontario Securities Commission include the following:q Almaden Resources (AMM-T) — James Poliquin, director, bought 370,000 shares privately at 55 …
Partners prove up River Valley
Vancouver — Intent on confirming the economic potential of the River Valley platinum-palladium property, partners Pacific North West Capital (PFN-T) and Anglo American Platinum (AAPTY-O) have doubled…
Partners boost Maverick
Vancouver — Drilling by partners Silver Standard Resources (SSO-V) and Colorado-based Vista Gold (VGZ-T) has intersected mineralization outside the known resource on the Maverick Springs property, so…
New Blue Ice showing delivers goods
A kimberlite showing discovered last summer by Diamonds North Resources (DDN-T) at its wholly owned Blue Ice property on the Nunavut portion of Victoria Island has yielded a high count of microdiamond…
Alcoa to upgrade Baie-Comeau
Pittsburgh, Pa.-based Alcoa (AA-N) intends to spend $1 billion upgrading its smelter in Baie-Comeau, Que., to begin in late 2003.Under a deal with the Quebec government, the aluminum giant will invest…
Drill results augur well for DRC at Afton
Vancouver — DRC Resources (DRC-V) has tabled encouraging assay results from its Afton copper project, near Kamloops, B.C.This season’s drill program is part of a $4.7-million exploration program reco…
Rosebel gold project enters homestretch (December 30, 2002)
Cambior (CBJ-T) is a step closer to construction at its Rosebel gold project in Suriname after that country’s National Assembly agreed to remove state-owned Grassalco’s option on the project.Under a 1…
Nevada Star outlines target in Alaska
Vancouver — Exploration by Nevada Star Resource (NEV-V) has outlined a large massive-to-disseminated polymetallic target in the Dunite Hill (formerly Tangle-Lake) complex of its MAN project in Alaska…
Producer and Dealer Prices (December 30, 2002)
Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.57/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-6.80/lb.Copper: Comex Mar US$0.7205/lb.Indium: Indi…