The Northern Miner Indices (February 02, 2004)
North American Mining: 105.08 (-0.92)Small Producers: 118.19 (+5.97)(Sept. 30/98 = 100)…
Articles by Northern Miner Staff
Aquiline explores Argentine project
Aquiline Resources () is receiving encouraging drill results from the Calcatreu gold-silver project in Argentina’s Rio Negro province.The latest batch of nine angled (minus 55) holes collared on the …
Spot Prices Tuesday, Jan. 27, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$405.70-2.60Silver$6.24 -0.15Platinum$854.00-4.00…
Exchange Rates (February 02, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 27Jan. 26Jan. 23Jan. 22Jan. 21US$ in C$1.30491.31361.31191.2…
Stronger rand sinks DFI
Shares in marine diamond miner Diamond Fields International (DFI-T) dove 15, or 25%, to 45 in early trading in Toronto on Jan. 26 after the company said it had suspended mining operations off the co…
LME Warehouse Levels (February 02, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 26 (change from Jan. 19 in brackets):MetalStock(tonnes)ChangeAluminium1451950(+1…
Jaguar Mining consolidates Quadrilatero Ferrifero
Belo Horizonte, Brazil — Rarely does a newly listed junior gold company come with 2.5 million oz. already in the ground and an operating team experienced enough to advance them to production.Yet that…
Anglo eyes Cardero ground in Mexico
Vancouver — Cardero Resources (CDU-V) and its joint-venture partner, Anglo American (AAUK-Q), have identified several anomalies following an airborne geophysical survey over their 50,000-sq.-km Alisi…
Anooraq lines up PGM partner in South Africa
Anooraq Resources (ARQ-V) intends to merge its platinum group metal projects in South Africa with those of black empowerment company Pelawan Investments.In return for 91.2 million shares plus $1.7 mil…
St Andrew drives Stock revival
St Andrew Goldfields (SAS-T) has begun dewatering underground workings at the past-producing Stock mine, near Timmins, Ont.During the fall, St Andrew drilled eight surface holes (4,026 metres) to conf…
Defiance makes progress in Mauritania
The government of Mauritania has granted Defiance Mining (DM-T) an exploitation permit for its Tasiast gold project, east of the port of Nouadhibou.The permit is for 312 sq. km surrounding the Tasiast…
Trading Summary – TSX (January 30, 2004)
A US$4-per-oz. rise by gold helped Toronto’s gold stocks regain 3.67 points to end Friday’s trading session at 203.