Bema drills Kupol (September 15, 2003)
Vancouver — Impressive drill results continue to roll in from the Kupol gold property in Russia’s Far East region.So far, operator Bema Gold (BGO-T) has put down 130 holes comprising 17,052 metres of…
2003
Tan Range’s Sinclair on gold
Commenting on one of his favourite topics, the gold market, Tan Range Exploration (TNX-T) Chairman James Sinclair has stated that, like any other investment sector, gold has its detractors but it rema…
Flow-through funds jump start juniors
Vancouver — Taking advantage of one of the last remaining officially sanctioned tax incentives in Canada, mineral exploration companies listed on the TSX Venture Exchange raised $41.1 million in flow…
LME Warehouse Levels (September 15, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 9 (change from Sept. 2 in brackets):MetalStock(tonnes)ChangeAluminium1344100(-3…
Northern Miner Indices (September 15, 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…
Producer and Dealer Prices (September 15, 2003)
Antimony: Mid-mkt US$2,245/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.61/lb.Cobalt: Recent trades US$9.75-10.70/lb.Copper: Comex Dec. US$0.82/lb.Indium: Indium Corp., ingot, US$180/kg.Iridium…
Canadian Stock Exchange Indices (September 15, 2003)
DateSept. 9Sept. 8Sept. 5Sept. 4Sept. 3HighLowTSX Composite7596.517636.017612.507594.85…
De-hedging accelerates
Against a backdrop of higher gold prices and lower interest rates, the global gold hedge book saw 5.2 million oz. trimmed from its pages during the three months ended June 30, helping to underpin the …
Tan Range’s royalty structure unique among explorers
Amongst all the junior exploration companies out there, Tan Range Exploration (TNX-V) stands alone in fully embracing the royalty business model to advance its grassroots mineral projects.Based in Van…
Setting down Tanzanian roots
James Sinclair has a long history of gold-exploration activity in Tanzania, having entered the country in 1989 by becoming chairman of Vancouver-based Sutton Resources.Sutton was created in part by a …
Noranda tackles its enormous debt
Having spent the last two years fine-tuning its operations, Noranda (NRD-T) has begun trimming its debt-loaded balance sheet.In 2002, Noranda saw its total consolidated debt (excluding short-term bank…
The Northern Miner Indices (September 15, 2003)
North American Mining: 90.07 (+2.06)Small Producers: 91.70 (-0.38)(Sept. 30/98 = 100)…