The Northern Miner Indices (December 08, 2003)
North American Mining: 110.07 (+7.47)Small Producers: 111.93 (+11.95)(Sept. 30/98 = 100)…
Articles by Northern Miner Staff
SouthernEra advances Messina, raises C$77m (December 08, 2003)
Toronto-based SouthernEra Resources (SUF-T) is using a staged approach to develop its Messina platinum assets, 250 km northeast of Johannesburg on the eastern limb of South Africa’s Bushveld igneous c…
Golden Star joins with Mano River, GSI
Reaching beyond its major asset base in Ghana, Denver-based producer Golden Star Resources (GSC-T) has struck two separate deals to explore for gold in Sierra Leone and Mali.The first joint-venture ag…
Ontzinc bids on remains of Pasminco (December 08, 2003)
Administrators of the Australian zinc and lead producer Pasminco have rejected a bid by Venture-listed developer Ontzinc (OTZ-V) to take over the insolvent company’s assets for A$1.7 billion.Ontzinc h…
Teck, EPA at loggerheads
Talks have broken off between enforcement staff of the U.S. Environmental Protection Agency (EPA) and Teck Cominco (TEK-T), after the EPA refused an offer from the company to fund environmental site e…
De Beers to bring Gahcho Kue to feasibility (December 08, 2003)
Budgets have been approved for a full feasibility study at the Gahcho Kue (Kennady Lake) diamond property in the Northwest Territories. The project is being operated by De Beers Consolidated Mining on…
Gabriel expands Rosia Montana
An updated resource estimate has added 1.5 million oz. gold and 6.4 million oz. silver to the advanced Rosia Montana gold project in Romania.Recently, 80%-owner Gabriel Resources (GBU-T) tested previo…
Junior exchange rides golden bull
Vancouver — Canada’s junior exchange continued its bull run as gold broke through the US$400-per-oz. mark over the 5-day trading period ended Dec. 2. The S&P-TSX Venture Exchange composite index rock…
The No-parking zone
Ontario prospectors are shortly to gather for an annual show-and-tell session in Toronto, making this week a convenient time to take a look at how that part of the mineral industry is faring.Certainly…
Spot Prices Tuesday, Dec. 2, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$401.35+9.85Silver$5.46+0.25Platinum$776.00+18.00…
Jaguar Nickel fires up pilot plant (December 08, 2003)
Junior Jaguar Nickel (JNI-T) has started up a pilot plant designed to test the viability of its proprietary atmospheric chloride-leach process on ore samples from the Sechol nickel-cobalt laterite pro…
Madsen program shapes up for Claude, Placer
Red Lake, Ont. — The Red Lake gold camp of northwestern Ontario had, over the years, come to look fairly simple: two big mines, one very big orebody, and very little going on outside the fences at Ca…