Trading Summary (June 23, 2003)
A US$3.20-per-oz. drop in the price of gold sent Toronto’s gold stocks 4.87 points lower to 168.05 on Monday. The y…
News
Drills turn at Copler
Recent follow-up drilling by partners Rio Tinto (RTP-N) and Anatolia Minerals Development (ANOu-V) has cut gold min…
High River fills in Berezitovoye
High River Gold Mines (HRG-T) has tabled the results of a 25-hole infill drill program at its Berezitovoye gold pro…
Canico steps up nickel exploration at Ona Puma
Ourilandia, Brazil — With eight drill rigs on site and four more on the way, Canico Resource (CNI-T) is intensifying exploration of the Ona Puma nickel laterite project in Brazil’s Para state.Engine…
Editorial Cartoon (June 23, 2003)
New threat to US dollar hegemony
“Abu Bakr ibn Abi Maryam reported that he heard the Messenger of Allah (may Allah bless him and grant him peace) say: ‘A time is certainly coming over mankind in which there will be nothing [left] whi…
The Big Three
(The first instalment of this article appeared in our issue of June 2-8, 2003.)Mention “the big three,” and many people will immediately think: Roosevelt, Churchill and Stalin. Or perhaps the younger …
Diavik diamonds command a premium for Aber
The first stones recovered from Canada’s $1.3-billion Diavik complex in the Northwest Territories have been sold at prices exceeding expectations.In April, Aber Diamond (ABZ-T) reported its first parc…
The Northern Miner Indices (June 23, 2003)
North American Mining: 76.06 (+3.72)Small Producers: 71.33 (+4.40)(Sept. 30/98 = 100)…
New diamond plays come into view in northern Canada
The diamond hunt is exploding with new kimberlite discoveries beyond the Slave Craton in Canada’s Far North. Recent discoveries are reported near Rankin Inlet and on the Melville Peninsula in eastern …
News – 23-JUN-03
Although Saskatchewan kimberlites carry much lower grades than those being mined in the Canadian Arctic, the sheer size of the Fort la Corne kimberlites renders them highly attractive targets.The Fo…
Diamonds glitter on junior market
Vancouver — Canada’s junior exchange experienced a surge in diamond-related issues during the week ended June 17. The S&P-TSX Venture Exchange composite index jumped 17.36 points, or 1.58%, and close…