Copper issues lead the way on junior exchange
Vancouver — Canada’s junior exchange finished the trading week ended October 21st on a strong note, with investors eyeing juniors with exposure to the copper market. The S&P-TSX Venture Exchange comp…
2003
Underground mining resumes at Springlake
AfriOre (AFO-T) has resumed underground production at the Springlake anthracite mine, north of Dundee in the South African province of KwaZulu-Natal, after recovering the remains of a load-haul-dump m…
Builders and monuments
Two deaths in the months just past show that the Canadian mining industry is gradually passing out of the hands of a generation that made it great.In losing Douglas Hume and James Harquail, two well-k…
Accounting principles out of sync
The rationalization of the international gold mining industry is one of the most profound examples of globalization. The quest of the major players in this industry to reduce production costs, attract…
The Northern Miner Indices (October 27, 2003)
North American Mining: 94.07 (+1.63)Small Producers: 89.01 (+2.15)(Sept. 30/98 = 100)…
Goulagou yields gold for St. Jude
Vancouver — St. Jude Resources (SJD-V) has tabled additional encouraging drill results from its Goulagou gold project in Burkina Faso.The company is drilling the GG1, GG2 and Yabonsgo gold prospects,…
Northern Miner Indices (October 27, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T17.1%CamecoCCO-T3.3%FalconbridgeFL-T5.0%Freeport McM BFCX-N8.2%GoldcorpG-T4.3%IncoN-T8.7%Kinross GoldK-T4.3%Newmont MiningNEM…
Editorial Cartoon (October 27, 2003)
APGO boosts membership
The Association of Professional Geoscientists of Ontario has expanded its membership to beyond 1,000.While the majority of the APGO’s membership resides in Ontario, 44 of Canadian-based members live o…
Stillwater nominated for award
Stillwater Mining’s efficient management of water has been nominated for an award by Montana’s Bureau of Land Management.At its Stillwater and East Boulder mines, the company has minimized water pollu…
Daily Metal Prices (October 27, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 20Oct. 17Oct. 16Oct. 15Oct. 14Al Alloy1430/143…
Encouraging signs for zinc and lead
ZincAfter two years of depressed zinc prices in a narrow range, the price peak of US$877 per tonne in August shows an encouraging ability by this market to finally move. Stronger prices are fundamenta…