News



Bullion pushes venture exchange higher

Vancouver — Canada’s junior exchange was buoyed by the strength of bullion during the week ended Sept. 23. The S&P-TSX Venture Exchange composite index tacked on 21.1 points, or 1.54% of value, to cl…


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…



Map credit: Canadian RoyaltiesA map outlining Canadian Royalties' deposits and targets in the Expo-Ungava region of far northern Quebec.

Cdn Royalties envisages open-pit mining at Mesamax

Ungava-Nunavik District, Que. — There is no huge gossan, just a few frost-heaved, weakly mineralized rustic boulders. In fact, it’s quite an unspectacular showing . . . but within a few metres of sur…


Producer and Dealer Prices (September 29, 2003)

Antimony: Mid-mkt US$2,250/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$9.80-12.00/lb.Copper: Comex Dec. US$0.8295/lb.Indium: Indium Corp., ingot, US$180/k…



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…


Photo by Thomas SchusterWolfden's project geologist, Ian Neill, stands near a drill rig on the West zone.

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…


Photo by Stuart McDougallHarold Tracanelli, project geologist for Ursa Major Minerals, and President Richard Sutcliffe (front-left) run through a cross-section of the new Shakespeare deposit near Sudbury, Ont.

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…


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