Twenty Years Ago / October 1983
Gold at crossroadsThe gold market has moved to a new crossroads. Its unprecedented 8-month-long ability to hold above US$400 per oz. has been shattered.Erasing most technical support points, gold fell…
2003
Canadian Zinc puts Prairie Creek on fast track (September 29, 2003)
Vancouver — Authorities have given Canadian Zinc (CZN-T) the approval to proceed with underground development and construction of a metallurgical pilot plant at the Prairie Creek base metal project i…
Northern Miner Indices (September 29, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrick GoldABX-T19.4%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport McM BFCX-N7.1%GoldcorpG-T4.4%IncoN-T7.8%Kinross GoldK-T4.3%Newmont Minin…
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…
Diavik powers Aber’s earnings
As the newly constructed Diavik diamond mine continues to ramp-up, Aber Diamond (ABZ-T) sold US$19.2 million worth of rough gems over the 6-month period ended July 31, 2003, resulting in net earnings …
Taconite tailings in aggregate
Byproducts from the taconite pellet-making process in Minnesota have been piling up for decades, but research has found that these tailings could be a marketable commodity.Researchers at the Natural R…
Suppliers Roundup (September 29, 2003)
Program predicts motion in millsThe Melbourne-based Commonwealth Scientific and Industrial Research Organization (CSIRO) has developed an Internet-based program that predicts the motion of particles i…
Relieved of debt, Anaconda moults
Having shed its debt related to wholly owned subsidiary Murrin Murrin, Aussie nickel-laterite miner Anaconda Nickel will ask shareholders to approve a 1-for-15-share consolidation and name-change to M…
More aluminum on the way
According to London-based market analyst Roskill, the aluminum industry is set to boost primary capacity by 10 million tonnes per year over the next 5-7 years.In a study titled The Economics of Alumin…