AfriOre suspends Springlake underground
Underground mining operations at AfriOre’s (AFO-T) Springlake anthracite colliery, north of Dundee in Kwazulu Natal…
Articles by Northern Miner Staff
EC okays Alcan bid with conditions
The European Commission has given the go-ahead for Alcan’s (AL-T) 4-billion euro takeover of French Rival Pechiney,…
Pacific Minerals advances 217
Vancouver — Pacific Minerals (PMZ-V) has launched a mine development scoping study for the 217 Gold Project in Chi…
Trading Summary (September 29, 2003)
The technology stocks helped the Toronto Stock Exchange pull out of last week’s power dive to tack on 12.54 points…
LME Warehouse Levels (September 29, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 23 (change from Sept. 16 in brackets):MetalStock(tonnes)ChangeAluminium1362550(…
Daily Metal Prices (September 29, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 23Sept. 22Sept. 19Sept. 18Sept. 17Al Alloy140…
Malartic Sud drilling delivers goods at Croinor (September 29, 2003)
An 81-hole drilling program by South-Malartic Exploration (MSU-V) is expanding the known mineralization at the Croinor gold deposit in northwestern Quebec.Drilling over a 680-metre strike length surro…
Exchange Rates (September 29, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 23Sept. 22Sept. 19Sept. 18Sept. 17US$ in C$…
Bullion pushes venture exchange higher
Vancouver — Canada’s junior exchange was buoyed by the strength of bullion during the week ended Sept. 23. The S&P-TSX Venture Exchange composite index tacked on 21.1 points, or 1.54% of value, to cl…
Wolfden steps up drilling in Nunavut
In November and December, three rigs will attempt to expand the West zone along strike as well as to depth. The program will consist of 20-30 holes in total.When The Northern Miner visited the project…
Ursa Major sheds light on Nipissing
Sudbury, Ont. — It just might be too small for Falconbridge (FL-T), but this region’s newest magmatic sulphide discovery sits well with junior partner Ursa Major Minerals (UMJ-V).Ursa holds a 51% sta…
Correction (September 29, 2003)
In our story “Flow-through funds jump-start juniors” (T.N.M., Sept. 15/03), we said the permitted time period for exploration companies to spend flow-through funds ends in January 2004. That informati…