People (October 13, 2003)
America Mineral Fields — Bernard Pryor and John Bentley appointed directors.Canabrava — Susy Horna appointed corporate secretary.OntZinc — Peter George appointed senior VP of explorati…
News
The Northern Miner Indices (October 13, 2003)
North American Mining: 87.37 (-0.24)Small Producers: 80.82 (+0.69)(Sept. 30/98 = 100)…
Ontario’s Liberals will have to earn mining’s respect Laws of gravity
“Gouverner, c’est choisir.”– Franois-Gaston duc de Lvis, governor of New France (1759-1760), misattributed to any number of political cliche-artists since.Lvis was right — to govern is to choose …
OGS geologist wins medal
Peter Barnett, a geologist with the Ontario Geological Survey (OGS), has received the 2003 provincial geologist’s medal. The presentation was made during a conference of Canada’s energy and mines mini…
Improved bioleaching
Billions of years before man even dreamed of the golden riches hidden beneath the earth’s surface, naturally occurring microorganisms had been leaching valuable metals out of heaps of mineralized rubb…
Delta-Kenty geophysics spots new targets (October 13, 2003)
Exploration work at the Delta-Kenty property, about 50 km west of the Raglan nickel mine in the Ungava Peninsula of Quebec, has defined several coincident conductive and magnetic bodies in previously …
H. Douglas Hume
H. Douglas Hume, founder and chairman of Toronto-based Nuinsco Resources, has died. He was 82.Hume founded Nuinsco with geologist George Archibald, a life-long friend and business partner.The two met …
Midway drills Spring Valley
A reverse-circulation drill program is testing a strong gold prospect at the Spring Valley property in Nevada’s Pershing Cty.Midway Gold (MDW-V) will drill 3,000 metres in order to test a gold-bearing…
Spot Prices Tuesday, Oct. 7, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$376.20-8.30Silver$4.84-0.28Platinum$722.00+14.00…
Exchange Rates (October 13, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 6Oct. 3Oct. 2Oct. 1Sept. 30US$ in C$1.38111.34181.33821.3480…
Daily Metal Prices (October 13, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 6Oct. 3Oct. 2Oct. 1Sept. 30Al Alloy1385/1385…
Canyon tables new study
One of the highlights of the report period ended Oct. 6 was the tabling of a prefeasibility study of Colorado-based Canyon Resources’ 10.9-million-oz. McDonald gold project in Montana, which has been …