The Northern Miner Indices (September 20, 2004)
North American Mining: 108.37 (+1.66)…
Articles by Northern Miner Staff
VMS shines at McFauld’s Lake
McFauld’s Lake, Ont. — Like many other places in Canada, summer is short at McFauld’s Lake in the James Bay Lowlands of northern Ontario, however setting this area apart is a hot new volcanogenic massive-sulphide (VMS) play.
Diavik turns in strong performance
Exceeding expectations in nearly all aspects, the Diavik diamond mine in Canada’s Far North is operating well ahead of original design.
Miners recover as metals bounce
Metal prices rebounded across the board during the Sept. 8-14 report period; accordingly, the Toronto Stock Exchange’s gold index rose 5.26 points to end at 195.96. The yellow regained some shine, not to mention US$8.95 to make US$405.25 per oz. b…
Peru backs Yanacocha
The Peruvian government says it won’t give into local protesters and revoke a permit allowing Minera Yanacocha, controlled by
Alcan expands Down Under
Montreal-based
Nickel buoyed by strong fundamentals
Another surge in nickel prices above US$15,000 per tonne in early July was too significant to escape action. Consumers withdrew their buying interest and excess material was delivered into LME warehouses against an attractive backwardation, while…
Lake Shore triples Timmins Gold resource (September 20, 2004)
Vancouver — Since
Alcoa shares tumble (September 20, 2004)
Spot Prices Tuesday, Sept. 14, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)Change…
People (September 20, 2004)
Healing with silver
As part of a growing trend in silver-based bandage usage, two wound dressing makers, Curad and Johnson & Johnson, both have recently introduced products into this growing field.