Junior market continues bull run
Vancouver — Canada’s junior exchange continued its fall rally over the week ended Oct. 28. The S&P-TSX Venture Exchange composite index surged 36.80 points, or 2.51%, and closed at 1,498.55.Shares in…
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The Northern Miner Indices (November 03, 2003)
North American Mining: 94.17 (+0.10)Small Producers: 89.07 (+0.06)(Sept. 30/98 = 100)…
Spot Prices Tuesday, Oct. 28, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$386.55+11.75Silver$5.15+0.15Platinum$747.00+9.00…
Diavik ramp-up on-track
As ramp-up to full production continues, the Diavik diamond mine in the Northwest Territories is processing kimberlite at rates ahead of planned levels.Ore processed during the third quarter of 2003 i…
Aurogin expands in Nfld.
Junior Aurogin Resources (AUQ-V) has increased the size of its Rambler copper-gold project in the Baie Verte area of Newfoundland.To earn a 100% interest in two claim groups, Aurogin must pay $100,000…
Canadian Stock Exchange Indices (November 03, 2003)
DateOct. 27Oct. 24Oct. 23Oct. 22Oct. 21HighLowTSX Composite7664.197614.407560.207711.24…
Daily Metal Prices (November 03, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 27Oct. 24Oct. 23Oct. 22Oct. 21Al Alloy1390/140…
People (November 03, 2003)
Tan Range — Rosalind Morrow and Ulrich Rath appointed directors.Titanium Metals — Gary Hutchison appointed director.Glencairn — Robert Byrd appointed head of Nicaraguan operations.
Hatch engineer wins Sherritt award
An engineer with Mississauga, Ont.-based Hatch has won the 2003 Sherritt Hydrometallurgy Award, presented by the Metallurgical Society of the Canadian Institute of Mining, Metallurgy and Petroleum.Kev…
Greenland to get its first gold mine
London-based Crew Development (CRU-T) is just months away from opening its high-grade Nalunaq mine, which will rank as Greenland’s first-ever gold mine and the first new mine on the island in 25 years…
Producer and Dealer Prices (November 03, 2003)
Antimony: Mid-mkt US$2,100/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$10.00-11.10/lb.Copper: Comex Dec. US$0.904/lb.Indium: Indium Corp., ingot, US$180/k…
Band-Ore cuts more gold at Thorne (November 03, 2003)
Ongoing drilling at the Thorne gold property in Timmins, Ont., has returned encouraging results to Band-Ore Resources (BAN-T).The junior explorer has sunk seven more holes in the No. 7 zone, discovery…