Cusac aims to revive Table Mountain
A proposed $3-million financing sets the stage for Cusac Mining (CQC-T) to place its wholly owned Table Mountain gold mine into production later this year. The former producer is near Cassiar in north…
Articles by Northern Miner Staff
Canyon posts loss for 2003
Colorado-based Canyon Resources (CAU-A) posted a net loss of US$10 million on revenue of US$13 million for 2003, based on sales of 37,506 oz. gold and 13,943 oz. silver from the Briggs mine in Califor…
Gold Fields closes SA deal
A black empowerment company now controls a 15% beneficial interest in the South African gold mining assets of Gold Fields (GFI-N).Shareholders of Gold Fields and Mvelaphanda Resources (Mvela) voted ov…
Madison revs drills
Vancouver-based Madison Enterprises (MNP-V) is gearing up for more exploration at the Mt. Kare gold-silver project in Papua New Guinea and the Lewis gold property in Nevada.At Mt. Kare, Madison is pre…
Seabridge aims to expand Courageous Lake project
Summer drilling by Seabridge Gold (SEA-V) will test four main targets identified last year at the Courageous Lake project in the Northwest Territories.The company’s wholly owned project covers 53 km o…
South Atlantic buys Zinkgruvan mine
Vancouver — South Atlantic Ventures (SAA-V) has inked a deal with Rio Tinto (RTP-N) to buy the Zinkgruvan mine in southern Sweden.One of the largest underground mines in Europe, Zinkgruvan has been p…
Amera aims drills at Mogote deposit
A first phase of drilling is under way at the Mogote copper-gold project in Argentina’s San Juan province. Amera Resources (AMS-V), which holds rights to earn a 51% interest in Mogote from IMA Explora…
Daily Metal Prices (March 15, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 9March 8March 5March 4March 3Al Alloy1550/158…
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…