Trading Summary TSX-Venture (February 16, 2004)
Vancouver Canada’s junior exchange continued its bull run as advancing stocks beat declining stocks 425-385. The…
News
Tournigan cuts high grade at Curraghinalt
Vancouver — Tournigan Gold (TVC-V) has intersected high-grade gold mineralization during its recent feasibility dr…
Trading Summary – TSX (February 16, 2004)
Toronto’s diversified miners joined the real estate sector in using red ink on Monday, falling 0.94 of a point to 2…
Breakwater eyes Myra Falls
Breakwater Resources (BWR-T) has agreed to acquire the Myra Falls zinc-copper mine on Vancouver Island from Swedish…
Newmont expands reserves at drill bit
The larger the gold company, the tougher the challenge of replacing mined ounces and expanding overall reserves and resources. A few years ago, Newmont Mining (NEM-N) had only about 9 million oz. of r…
Sampling and drilling
— This is the first of a series of excerpts from the ninth edition of Mining Explained, recently published by The Northern Miner. The book sells for $30, plus $3 for shipping, and is available by cal…
The Northern Miner Indices (February 16, 2004)
North American Mining: 108.29 (+5.58)Small Producers: 124.91 (+7.20)…
The outlook for precious, base metals
Profit-taking is undermining the precious metals markets and, from a technical point of view, we expect gold, silver and platinum to remain subdued over the coming months. In a reversal of last year’s…
MK Gold explodes
Salt Lake City-based micro-cap explorer MK Gold has its moment in the sun during the period ended Feb. 10, topping the list of percentage gainers amongst all the U.S.-listed mining stocks. MK rocketed…
Pan American to buy Morococha silver mine
A binding agreement sets the stage for Pan American Silver (PAA-T) to buy the Morococha silver mine, 150 km northeast of Lima, Peru.The proposed acquisition reflects Pan American’s goal of becoming th…
Grayd explores La India (February 16, 2004)
A surface program by Grayd Resources (GYD-V) is assessing the mineral potential of a high-sulphidation epithermal gold property in Sonora state, Mexico.The property, known as La India, consists of thr…
Gold takes centre stage at Roundup
Vancouver — A mining industry almost giddy with excitement was in evidence at the 21st annual Mineral Exploration Roundup, held recently at this city’s Westin Bayshore Resort and Marina.The theme of …