Barclays, CIBC to arrange Ona-Puma financing
Vancouver — Canico Resource (CNI-T) has appointed Barclays Capital and CIBC to arrange financing for its Ona-Puma nickel laterite project in Brazil’s Para state.Barclays and CIBC will set about secu…
Articles by Northern Miner Staff
Producer and Dealer Prices (December 01, 2003)
Antimony: Mid-mkt US$2,000/t.Bismuth: Mid-mkt US$2.75/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$14.00-16.30/lb.Copper: Comex Dec. US$0.8945/lb.Indium: Indium Corp., ingot, US$265/…
Platinum on upswing
The price of platinum could reach new 23-year highs in the next six months as the deficit between supply and demand persists and if investment funds continue to maintain long positions, says Johnson M…
Randgold looks at Loulo
Putting its unsuccessful bid for Ashanti Goldfields behind it, South African-based Randgold Resources says it is close to making a development decision on its promising high-grade Loulo gold prospect …
Wheaton River ponies up for Amapari
The latest target of Wheaton River Minerals (WRM-T) is expected to boost the company’s annual production by a quarter, but the promise comes at a considerable premium.Since mid-2002, Wheaton has spent…
Higher Metal Prices drive Cerro Casale
Vancouver — Eleven years after partners Bema Gold (bgo-t) and Arizona Star Resource (AZS-V) discovered the Cerro Casale copper-gold deposit, majority owner Placer Dome (pdg-t) has started talks with …
First Quantum to Chile
African copper producer First Quantum Minerals (FM-T) has inked a deal that will see it take up grassroots exploration in the Chilean copper fields.The deal with private Chilean company MN Ingenieros …
Gold sparks on Barrick news
Buyers overtook sellers over the Nov. 19-25 report period, pushing the Toronto Stock Exchange composite index up 84.95 points to a close of 7,822.34.Gold producers were not so lucky, as physical price…
Appalaches trenches Turcotte
Trenching by Appalaches Resources (APP-V) on the Mont-de-l’Aigle property, in Quebec’s Gasp Peninsula, has exposed the recently discovered Turcotte showing for more than 100 metres while doubling the…
Suits could cripple Indonesia (December 01, 2003)
Potential lawsuits by 22 mining companies, including Freeport-McMoRan Copper & Gold and Inco, against the Indonesian government could reach a staggering US$31.5 billion, according to a government spok…
Editorial: Piling on Black
Some of us have noticed that there are, indeed, more than a few “weedy and not-very-bright leftists” writing for Canadian newspapers. Some of us have run across “arrogant and abrasive youngsters who s…
Fox wins prospector award from BC Chamber
Peter Fox, who discovered the QR gold mine near Quesnel, B.C., will be presented with the British Columbia Chamber of Mines’ H.H. “Spud” Huestis Award, honouring excellence in prospecting.The award wi…