EC okays Alcan bid with conditions
The European Commission has given the go-ahead for Alcan’s (AL-T) 4-billion euro takeover of French Rival Pechiney,…
News
Pacific Minerals advances 217
Vancouver — Pacific Minerals (PMZ-V) has launched a mine development scoping study for the 217 Gold Project in Chi…
Trading Summary (September 29, 2003)
The technology stocks helped the Toronto Stock Exchange pull out of last week’s power dive to tack on 12.54 points…
Cdn Royalties envisages open-pit mining at Mesamax
Ungava-Nunavik District, Que. — There is no huge gossan, just a few frost-heaved, weakly mineralized rustic boulders. In fact, it’s quite an unspectacular showing . . . but within a few metres of sur…
The Northern Miner Indices (September 29, 2003)
North American Mining: 92.86 (+3.60)Small Producers: 90.00 (+1.61)(Sept. 30/98 = 100)…
Editorial Cartoon (September 29, 2003)
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…