Osisko makes for Brazil (January 05, 2004)
Brazilian explorer and developer Amazonia Mineracao will allow Montreal-based Osisko Exploration (OSK-V) to acquire up to a 75% interest in the Barro Alto gold property in Goias state.The property wil…
Articles by Northern Miner Staff
Producer and Dealer Prices (January 05, 2004)
Antimony: Mid-mkt US$2,135/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.62/lb.Cobalt: Recent trades US$17.90-21.50/lb.Copper: Comex Mar. US$1.0435/lb.Indium: Indium Corp., ingot, US$320/kg.Irid…
Majestic disappointed in Slovakia
Vancouver — Results from Majestic Gold’s (MJS-V) recently completed 4-hole drilling program at the Ceske Brezovo prospect in Slovakia failed to return any significant gold mineralization.Majestic was…
Orezone tests Bondi project
The first seven infill holes drilled on the Bondi gold property in Burkina Faso have returned encouraging results for Orezone Resources (ORZ-T).The reverse-circulation (RC) program focused on the Main…
Spot Prices Monday, Dec. 29, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$412.00+2.30Silver$5.86 +0.20Platinum$826.00+8.00…
People (January 05, 2004)
CIM — Jean Vavrek appointed executive director.Corex Gold — Patrick Downey appointed director; Robert McKeen appointed corporate secretary.LBX Co. — Michael Davis appointed VP marketin…
China key to stronger base metals markets
Prospects for continued strong base metals price performance are good for 2004.Fiscal and monetary stimulus is boosting new manufacturing orders rapidly in the Western World, prompting metal consumers…
The Northern Miner Indices (January 05, 2004)
North American Mining: 116.03 (+5.73)Small Producers: 115.64 (+8.68)(Sept. 30/98 = 100)…
Silver stocks take flight
With silver spot prices soaring US20, to US$5.86 per lb., all the U.S.-listed silver stocks enjoyed strong gains during the 4-day period ended Dec. 29.Leading the way was Idaho-based Coeur d’Alene Mi…
Kinross drops Pac Rim shares
Kinross Gold (K-T) has sold its entire stake in junior Pacific Rim Mining (PMU-T); the 17.6 million shares sold represent 22% of the latter’s share base.Toronto-based GMP Securities says institutional…
Daily Metal Prices (January 05, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 29Dec. 26Dec. 25Dec. 24Dec. 23Al Alloy1456/149…
Junior exchange shows holiday cheer
Vancouver — Canada’s junior exchange continued to gain ground over the holiday-shortened week ended Dec. 29. The S&P-TSX Venture Exchange composite index tacked on 64.75 points, or 3.89%, to close at…