Teck, EPA at loggerheads
Talks have broken off between enforcement staff of the U.S. Environmental Protection Agency (EPA) and Teck Cominco (TEK-T), after the EPA refused an offer from the company to fund environmental site e…
News
De Beers to bring Gahcho Kue to feasibility (December 08, 2003)
Budgets have been approved for a full feasibility study at the Gahcho Kue (Kennady Lake) diamond property in the Northwest Territories. The project is being operated by De Beers Consolidated Mining on…
Gabriel expands Rosia Montana
An updated resource estimate has added 1.5 million oz. gold and 6.4 million oz. silver to the advanced Rosia Montana gold project in Romania.Recently, 80%-owner Gabriel Resources (GBU-T) tested previo…
Junior exchange rides golden bull
Vancouver — Canada’s junior exchange continued its bull run as gold broke through the US$400-per-oz. mark over the 5-day trading period ended Dec. 2. The S&P-TSX Venture Exchange composite index rock…
Hot holes for European Goldfields
Drilling at European Goldfields’ (EGU-V) Certej and Sacaramb projects in western Romania has resulted in several long, gold-rich intersections.Highlights from the first four reverse-circulation holes …
The No-parking zone
Ontario prospectors are shortly to gather for an annual show-and-tell session in Toronto, making this week a convenient time to take a look at how that part of the mineral industry is faring.Certainly…
Canarc cuts more gold at Benzdorp (December 08, 2003)
Vancouver — Canarc Resource (CCM-V) is encouraged by the latest batch of drill results from the JQA prospect at its Benzdorp property in Suriname.Benzdorp, which comprises 1,380 sq. km, is 300 km sou…
Spot Prices Tuesday, Dec. 2, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$401.35+9.85Silver$5.46+0.25Platinum$776.00+18.00…
Jaguar Nickel fires up pilot plant (December 08, 2003)
Junior Jaguar Nickel (JNI-T) has started up a pilot plant designed to test the viability of its proprietary atmospheric chloride-leach process on ore samples from the Sechol nickel-cobalt laterite pro…
Northern Miner Indices (December 08, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T17.1%CamecoCCO-T3.3%FalconbridgeFL-T5.0%Freeport McM BFCX-N8.2%GoldcorpG-T4.3%IncoN-T8.7%Kinross GoldK-T4.3%Newmont MiningNEM…
Daily Metal Prices (December 08, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 2Dec. 1Nov. 28Nov. 27Nov. 26Al Alloy1425/1445…
Gold index reaches new high
In late November, the Toronto Stock Exchange’s gold share index hit its highest level since the overhauled barometer was launched, driven by a gold price rose above US$400 for only the second time sin…