Spot Prices Wednesday June 25, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$347.85-13.40Silver$4.51-0.06Platinum$670.00+8.00…
Articles by Northern Miner Staff
Northern Miner Indices (June 30, 2003)
CompanyTickerWeightBarrickABX-T20.0%CamecoCCO-T3.6%FalconbridgeFL-T4.6%Freeport McM BFCX-N5.8%GoldcorpG-T4.5%IncoN-T8.0%Kinross GoldK-T4.5%Newmont MiningNEM-N24.6%NorandaNRD-T4.8%P…
Partners step up drilling at Copler
Follow-up drilling by partners Rio Tinto (RTP-N) and Anatolia Minerals Development (ANOU-V) has intersected gold mineralization north of the Main zone at the Copler prospect in Turkey.Hole 54A, collar…
Cumberland exercises warrants
Vancouver — Cumberland Resources (CBD-T) has exercised share purchase warrants originating from a $14.7-million financing in June 2002, raising $5.1 million in the process.As a result, Cumberland’s w…
Silver protects swimmers
Inadequate cleaning and safety procedures at public swimming pools could be exposing millions of people to harmful bacteria that cause diarrhea and other illnesses, according to a report by the U.S. g…
Exchange Rates (June 30, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 24June 23June 20June 19June 18US$ in C$1.36101.33921.35921.3…
Queenstake bankrolls Jerritt Canyon
Vancouver — A brokered private placement financing worth $21 million will allow Queenstake Resources (QRL-T) to acquire the Jerritt Canyon gold mine in Nevada’s Elko Cty.Regulators have yet to approv…
Laurentian to offer PhD
Laurentian University in Sudbury, Ont., will offer students a PhD program in mineral deposits and Precambrian geology. The new program is the first doctorate degree offered there.The Department of Ear…
Tournigan expands drilling in Northern Ireland
Vancouver — Tournigan Gold (TVC-V) has added a second diamond drill rig to its Tyrone project in Northern Ireland.The main target on the 346-sq.-km property is the Curraghinalt deposit, though severa…
People (June 30, 2003)
Ariane — Leanne Baker appointed to board of directors.BacTech — Brad Marchant appointed CEO.Bishop — Arthur Fisher appointed manager of resource development.Brett…
LME Warehouse Levels (June 30, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 24 (change from June 17 in brackets):MetalStock(tonnes)ChangeAluminium1131975(+1…
The Northern Miner Indices (June 30, 2003)
North American Mining: 72.19 (-3.87)Small Producers: 69.51 (-1.82)(Sept. 30/98 = 100)…