LME Warehouse Levels (December 22, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 16 (change from Dec. 9 in brackets):MetalStock(tonnes)ChangeAluminium1396250(-50…
Articles by Northern Miner Staff
Richmont to buy McWatters’ East Amphi (December 22, 2003)
Montreal-based Richmont Mines (RIC-T) will acquire the East Amphi and Fourax properties from embattled McWatters Mining (MWA-T) in return for $7 million in cash. The properties are near Malartic in no…
Eldorado tests prospects in Turkey
Preliminary drilling in the Biga Peninsula of western Turkey has returned mixed results for Eldorado Gold (ELD-T).The reverse-circulation (RC) program focused on two showings: Keditasi and Yatiktas. B…
Slam, Noranda to explore Bathurst camp
Junior Slam Exploration (SXL-V) is joining with Noranda (NRD-T) to explore for base metal deposits in the Bathurst camp of northern New Brunswick.Slam, which is based in Miramichi, N.B., will spend $2…
Daily Metal Prices (December 22, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 16Dec. 15Dec. 12Dec. 11Dec. 10Al Alloy1435/146…
Depth potential at Joe Mann
Depth extensions of some known gold zones have been confirmed by drilling done by Campbell Resources (CCH-T) at the Joe Mann mine, south of Chibougamau in north-central Quebec.An 11-hole program of un…
Ok Tedi suit settled out of court
A class-action lawsuit launched in Victoria state, Australia, against Ok Tedi Mines and BHP Billiton (BHP-N), has b…
Royalties lands two punches over Expo-Ungava
Canadian Royalties (CZZ-V) has won two court judgments in an ongoing dispute with Ungava Minerals over the ownershi…
Trading Summary (December 19, 2003)
Toronto’s diversified miner subindex was one of just four subindices to end in the black on Friday gaining 1.66 poi…
Trading Summary (December 19, 2003)
Toronto’s diversified miner subindex was one of just four subindices to end in the black on Friday gaining 1.66 poi…
Ghana green-lights Ahafo
The Ghanaian parliament has unanimously approved a foreign investment agreement with Newmont Mining (NEM-N) that pa…
Northern Star cuts deep zone at Midway
Vancouver The first hole of an on going 25,000-ft. drill program by Northern Star Mining (NSM-V) has cut minerali…