News
Levack resurrection?
Having established a resource, partners FNX Mining (FNX-T) and Dynatec (DY-T) are studying the feasibility of resuscitating the historic Levack mine in Sudbury, Ont.Except for an 8-year hiatus in its …
Wolfden steps up drilling in Nunavut
In November and December, three rigs will attempt to expand the West zone along strike as well as to depth. The program will consist of 20-30 holes in total.When The Northern Miner visited the project…
Ursa Major sheds light on Nipissing
Sudbury, Ont. — It just might be too small for Falconbridge (FL-T), but this region’s newest magmatic sulphide discovery sits well with junior partner Ursa Major Minerals (UMJ-V).Ursa holds a 51% sta…
Correction (September 29, 2003)
In our story “Flow-through funds jump-start juniors” (T.N.M., Sept. 15/03), we said the permitted time period for exploration companies to spend flow-through funds ends in January 2004. That informati…
Base Metals: Building the up-trend
The following is an overview of base metals markets. Detailed reports on the base, as well as precious, metals will appear in subsequent issues.After two years of negative Western World industrial pro…
JQA prospect shapes up for Canarc (September 29, 2003)
An 8-hole drilling program by Canarc Resource (CCM-T) at its Benzdorp property in east-central Suriname has defined a porphyry-style mineralized zone at the JQA gold prospect.JQA, one of a group of ge…
Producer and Dealer Prices (September 29, 2003)
Antimony: Mid-mkt US$2,250/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$9.80-12.00/lb.Copper: Comex Dec. US$0.8295/lb.Indium: Indium Corp., ingot, US$180/k…
Spot Prices Wednesday, Sept. 24, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$385.25+12.35Silver$5.23+0.06Platinum$705.00+9.00…
Canadian Stock Exchange Indices (September 29, 2003)
DateSept. 23Sept. 22 Sept. 19Sept. 18 Sept. 17HighLowTSX Composite7644.047566.517602.2176…
Newmont outlines 5-yr plan
The Denver Gold Forum, held Sept. 22-24, provided a platform for 60 of the world’s biggest precious metals miners to strut their stuff in front of investors. This year, almost all the audio portion of…
Wheaton River cashes-up
Looking to continue its recent shopping spree, Wheaton River Minerals (WRM-T) has arranged its second $100-million equity financing in a month by lining up a group of underwriters led by Griffiths McB…