News

Vote sparks markets

A strong rally on the Thursday following the U.S. election took American equity markets higher during the reporting period Nov. 3-9, with the Dow Jones Industrial Average gaining 3.5% to finish at 10,386.37 and the S&P 500 index up 3% at 1,164.08.


Metals surge advances juniors

Rebounding commodities aided the junior-mining dominated S&P-TSX Venture Composite Index in closing out the Nov. 3-9 trading period at 1631.05, up almost 33 points from last week’s close. Average daily trading volumes over the session were just be…


St. Jude fast-tracks Benso

Vancouver — St. Jude Resources (SJD-V) plans to carry out a feasibility study of the Benso and Hwini Butre properties in Ghana, in light of a resource estimate by Watts Griffis & McOuat.


Fraudulent Fortune, part 2

The following is the second of two exclusive excerpts from Fraudulent Fortune, a novel privately published in 2003. The author is a geologist and staff writer with The Northern Miner. The 233-page paperback version costs $10 plus shipping ($2.50 i…



(From left) Brokers Scott Hunter and Thomas Seltzer, Majestic Geologist David Pollard, and Haywood Securities Analyst James Mustard discuss mineralization controls in Zone IV on the Sawayaerdun project in eastern China's Xingjiang Autonomous Region.

Majestic explores China on two fronts

Kashgar, China — Vancouver-based Majestic Gold (MJS-V) is exploring the mining potential of two gold-producing regions at opposite ends of China.





Golds, base metals spur TSE indices

The Toronto Stock Exchange edged 3.81 points higher to end the Nov. 3-9 report period at 8,845.16. The gold index rose 4.4% to 221.20 points, as the yellow metal entrenched itself above the US$430-per-oz. level, closing at US$432.65 per oz. in New…


Zero mining deaths in BC

For the 12th consecutive year, there were no fatalities in the western Canadian mineral exploration sector in 2003, according to a report published by the British Columbia and Yukon Chamber of Mines.


Kobex bullish on Mor

Vancouver — The first two holes drilled by Kobex Resources (KBX-V) on the Mor prospect in the Yukon have hit volcanogenic massive sulphide-style copper-lead-zinc-silver-gold mineralization.


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