Mustang riding high
Mustang Minerals (MUM-V) has intersected significant nickel-copper mineralization at its Maskwa property, 140 km no…
News
The Northern Miner Indices (September 20, 2004)
North American Mining: 108.37 (+1.66)…
Diavik turns in strong performance
Exceeding expectations in nearly all aspects, the Diavik diamond mine in Canada’s Far North is operating well ahead of original design.
VMS shines at McFauld’s Lake
McFauld’s Lake, Ont. — Like many other places in Canada, summer is short at McFauld’s Lake in the James Bay Lowlands of northern Ontario, however setting this area apart is a hot new volcanogenic massive-sulphide (VMS) play.
Nickel buoyed by strong fundamentals
Another surge in nickel prices above US$15,000 per tonne in early July was too significant to escape action. Consumers withdrew their buying interest and excess material was delivered into LME warehouses against an attractive backwardation, while…
Disharmony for Harmony
U.S. stock markets didn’t show much change over the period Sept. 8-14. The S&P 500 index was up 7 points, or 0.6%, at 1,128.33 points and the Dow Jones Industrial Average was down 0.2%, or 24.63 points to close at 10,318.16 points.
Exchange Rates (September 20, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…
Daily Metal Prices (September 20, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Miners recover as metals bounce
Metal prices rebounded across the board during the Sept. 8-14 report period; accordingly, the Toronto Stock Exchange’s gold index rose 5.26 points to end at 195.96. The yellow regained some shine, not to mention US$8.95 to make US$405.25 per oz. b…
Editorial: Where egos fly
Remember the films from high school health class that told us that “no means no?” Well, it seems not everyone was paying attention. In this case, Bobby, the popular, handsome and overly aggressive star quarterback, is being portrayed by Idaho-base…
Support sought for securities reform
A summer meeting with Douglas Hyndman of the British Columbia Securities Commission has the Prospectors and Developers Association of Canada (PDAC) launching a lobbying campaign in western Canada designed to reform securities regulations.
China to let individuals trade gold
Chinese gold bugs will be allowed to trade in the precious metal under reforms that are designed to upgrade trading on the country’s burgeoning gold market.