Canadian Stock Exchange Indices (February 02, 2004)
DateJan. 27Jan. 26Jan. 23Jan. 22Jan. 21HighLowTSX Composite8588.15…
Articles by Northern Miner Staff
Desert Sun confirms zone in Brazil
The first hole of an underground drill program has confirmed the existence of a new zone at the past-producing Jacobina mine in the Bahia gold belt.Desert Sun Mining (DSM-T) is in the midst of a 41,50…
Twenty-Five Years Ago / February 1979
Black pushes for rapid growthWithin two months of the entry of Toronto financier and industrialist Conrad Black and his brother, G. Montagu, to the board of directors of Hollinger Mines, the company a…
Uranium giant helped by gold
Increased earnings from its gold business helped Cameco () boost fourth-quarter earnings by 36% despite flat revenues.During the three months ended Dec. 31, 2003, Cameco earned $30 million (or 53 per…
Daily Metal Prices (February 02, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 27Jan. 26Jan. 23Jan. 22Jan. 21Al Alloy1497/152…
Rio Tinto vs. AIDS
London-based Rio Tinto has developed and implemented a global HIV-AIDS strategy in response to the social and economic issues related to the life-threatening disease.About 40 million people worldwide …
Revised numbers pave way for new study at Chapada
Revised resource and preliminary reserve estimates for the Chapada copper-gold project in Brazil’s Goias state will provide the basis for a new feasibility study planned by Yamana Gold (YRI-T).The rev…
People (February 02, 2004)
Alcan — Michael Hanely appointed president and CEO of Alcan Bauxite and Alumina; Michel Jacques appointed president and CEO of Alcan engineered products; Christel Bories appointed president and CEO o…
St. Jude cuts more gold at Benso (February 02, 2004)
Vancouver — St. Jude Resources () has released encouraging drill results from the Benso concession in Ghana, West Africa.Drilling on the G zone has determined that mineralization strikes for more tha…
When stars line up
More commentators are saying out loud what was only safe to whisper a year ago: that commodity markets seem to have turned the corner, and that renewed economic growth may sustain a bull market for se…
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…