Wheaton bags $80m
Wheaton River Minerals (WRM-T) has entered into an $80-million bought-deal financing.Griffiths McBurney & Partners is leading a syndicate of underwriters, including BMO Nesbitt Burns, Canaccord Capita…
Articles by Northern Miner Staff
Spot Prices Wednesday August 13, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$356.00+3.35Silver$4.87-0.06Platinum$688.00+4.00P…
Producer and Dealer Prices (August 18, 2003)
Antimony: Mid-mkt US$2,300/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$9.95-10.30/lb.Copper: Comex Sept. US$0.7890/lb.Indium: Indium Corp., ingot, US$180/kg.Irid…
Ivanhoe looks to China to unlock Gobi treasure
The ever-growing Turquoise Hill copper-gold discovery, deep in Mongolia’s South Gobi desert, is on the doorstep of a country that now consumes more copper and more steel than any other region in the w…
Castleworth drills Pan gold project
Vancouver — The first drill results from an ongoing program indicate an expansion of the resource at the Pan gold project in Nevada.Castleworth Ventures (WTH-V) has intersected encouraging values in …
PNWC bullish at River Valley
Vancouver — Harry Barr-led Pacific North West Capital (PFN-T) has tabled further encouraging drill results from its River Valley platinum group metal property, 60 km northeast of Sudbury, Ont.The pro…
Canpotex strikes Chinese potash deal (August 18, 2003)
The North American potash partnership Canpotex will supply Saskatchewan potash to China’s largest potash importer, China National Chemicals Import & Export Corporation (Sinochem).Under a memorandum of…
Ashanti bidders rebound
Mid-tier producer Randgold Resources made headlines during the week ending Aug. 12 by topping AngloGold’s bid for Ashanti Goldfields by about US$100 million. Randgold is offering one of its own…
Exchange Rates (August 18, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 12Aug. 11Aug. 8Aug. 7Aug. 6US$ in C$1.38521.38351.39351.3932…
The Northern Miner Indices (August 18, 2003)
North American Mining: 83.43 (+2.31)Small Producers: 86.36 (+3.91)(Sept. 30/98 = 100)…
Financings the fashion on TSX
The Toronto Stock Exchange composite index regained lost ground, and then some, ending the Aug. 6-12 report period 214.96 points higher at 7,354.02.The surge was powered by gold, which jumped US$8.10 …
Goldbrook expands in Ungava region
Vancouver — Junior Goldbrook Ventures (GBK-V) has added ground to its promising portfolio of projects in the Ungava region of Quebec.The Michael Magrum-led company inked two deals, one with Inlet Res…