Alcoa cited by Hungarian mag
A Hungarian business magazine has given its “corporate citizenship” award to the Alcoa-Kofem fabricated aluminum plant in Szekesfehervar for its work in the local community.Figyelo magazine commends A…
Articles by Northern Miner Staff
Most Russians survive ordeal
Eleven of the 13 men trapped in a flooded mine in southern Russian have survived the 6-day ordeal. Of the two remaining miners: one has died, and the other is missing.As many as 800 rescuers dug throu…
Junior exchange soars to new highs
Vancouver — Canada’s junior exchange surged forward over the week ended Nov. 4 as resource stocks continued to spark investor interest. The S&P-TSX Venture Exchange composite index rose 92.8 points, …
Mustang unearths nickel showing near Timmins
Follow-up stripping of an electromagnetic anomaly has revealed a rich-nickel showing at the Bannockburn property, about 100 km southeast of Timmins, Ont.Mustang Minerals (MUM-V), which can earn a 100%…
Daily Metal Prices (November 10, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 3Oct. 31Oct. 30Oct. 29Oct. 28Al Alloy1390/1406…
Low palladium prices hamper Stillwater
Lower palladium prices have forced Stillwater Mining (SWC-N) to record a loss of US$1.6 million for the three months ended Sept. 30.The US2-per-share slump came on revenue of US$58.2 million and comp…
Spot Prices Tuesday, Nov. 4, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$378.30-8.25Silver$4.93-0.22Platinum$742.00-5.00P…
The Northern Miner Indices (November 10, 2003)
North American Mining: 100.40 (+6.23)Small Producers: 91.78 (+2.71)(Sept. 30/98 = 100)…
Boston deep drilling cuts gold
A deep drilling campaign at the Boston gold deposit of Miramar Mining (MAE-T) has shown that gold mineralization may persist to a depth of almost 1,400 metres.Two drill holes completed in late summer …
Radius takes back Tambor
Vancouver — Radius Exploration (RDU-V) has regained sole ownership of the large Tambor gold project in Guatemala.The Simon Ridgway-led junior agreed to issue 1.3 million shares for all of Gold Fields…
Exchange Rates (November 10, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 4Nov. 3Oct. 31Oct. 30Oct. 29US$ in C$1.33201.33231.31971.307…
PNWC finds more PGMs at Varley zone
Vancouver — Pacific North West Capital (PFN-T) has intersected a significant zone of mineralization at its River Valley property, near Sudbury, Ont.The mineralization is centred on the Varley zone, 3…