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…
Phelps buys evaluation tool
Phelps Dodge Mining, the world’s second-largest producer of copper, has ordered its third QemSCAN system, a device that automatically analyzes crushed ore and drilled samples.The technology employs an…
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…
Burnstone’s Area 1 grows
Following more than 20,000 metres of infill drilling on the Burnstone gold project in South Africa, Great Basin Gold (GBG-V) has raised mineral resources in the Area 1 deposit.Based on a cutoff grade …
Cumberland exercises warrants
Vancouver — Cumberland Resources (CBD-T) has exercised share purchase warrants originating from a $14.7-million financing in June 2002, raising $5.1 million in the process.As a result, Cumberland’s w…
Exchange Rates (June 30, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 24June 23June 20June 19June 18US$ in C$1.36101.33921.35921.3…
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…
More kimberlites at Churchill
Drilling by Shear Minerals (SRM-V) and Northern Empire Minerals (NEM-V), designed to test at least 15 geophysical targets, has intersected kimberlite on five of six targets tested so far.The fourth an…
Wolfden adds zone, mill and properties
Follow-up drilling by Wolfden Resources (YWO-V) has intersected a massive sulphide zone 1.7 km west of the existing A/B and D zones on its High Lake volcanogenic massive sulphide property in Nunavut’s…
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)…