Drill results excite junior market
It was a good five trading days for the venture capital market, as the S&P TSX Venture composite index finished the reporting period March 3-9 with a 25.81-point gain, closing at 1,924.90.Intrepid Min…
Articles by Northern Miner Staff
Etruscan raises development funds
Armed with the proceeds from a $15-million financing, Etruscan Resources (EET-T) is gearing up for a busy year at its stable of African gold and diamond projects.The company has two projects on track …
Producer and Dealer Prices (March 15, 2004)
Antimony: Mid-mkt US$2,840/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$27-28/lb.Copper: Comex Mar. US$1.272/lb.Indium: Indium Corp., ingot, US$485/kg.Iridium: Mi…
LME Warehouse Levels (March 15, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 9 (change from March 2 in brackets):MetalStock(tonnes)ChangeAluminium1366225(-2…
Chinese foil industry
Enormous investment in the Chinese aluminum foil industry could change the face of the global foil market for many years to come. Chinese demand is forecast to grow by 11.1% per year from 2004 through…
Canadian Stock Exchange Indices (March 15, 2004)
DateMarch 9March 8March 5March 4March 3HighLowTSX Composite8750.318801.218845.048773.27…
Inca Pacific goes it alone at Magistral
As a result of paying US$2.1 million to a former partner, Inca Pacific Resources (IP-V) is now sole owner of the Magistral copper-molybdenum project in Ancash, Peru.The Vancouver-based junior intends …
Spot Prices Tuesday, March 9, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$401.20+2.60Silver$6.92 +0.06Platinum$895.00+8.00…
Chile expected to impose royalty on miners
Chilean lawmakers have sent a bill to the country’s Congress that would see a 3% royalty imposed on mining operations. The move would put an extra US$300 million a year in the government purse.The bil…
Study recommends more drilling for Pan
A preliminary scoping study has provided Castleworth Ventures (WTH-V) with a blueprint for continued advancement of its Pan gold project in Nevada’s White Pine Cty.President John Watson says the compa…
Consolidation in Australia
The Australian resources sector has undergone tremendous change over the past three or four years, and global consolidation has focused heavily on Australian names.The frenetic activity was due to sev…
St. Jude buys heap-leach plant for Goulagou-Rounga
Vancouver — Determined to exploit the oxide resources at its Goulagou-Rounga project in Burkina Faso, St. Jude Resources (SJD-V) has arranged to buy a heap-leach gold processing plant.The partly refu…