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…
News
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…
JQA prospect shapes up for Canarc (September 29, 2003)
An 8-hole drilling program by Canarc Resource (CCM-T) at its Benzdorp property in east-central Suriname has defined a porphyry-style mineralized zone at the JQA gold prospect.JQA, one of a group of ge…
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$180/k…
Canadian Zinc puts Prairie Creek on fast track (September 29, 2003)
Vancouver — Authorities have given Canadian Zinc (CZN-T) the approval to proceed with underground development and construction of a metallurgical pilot plant at the Prairie Creek base metal project i…
Northern Miner Indices (September 29, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrick GoldABX-T19.4%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport McM BFCX-N7.1%GoldcorpG-T4.4%IncoN-T7.8%Kinross GoldK-T4.3%Newmont Minin…
Wolfden steps up drilling in Nunavut
In November and December, three rigs will attempt to expand the West zone along strike as well as to depth. The program will consist of 20-30 holes in total.When The Northern Miner visited the project…
Ursa Major sheds light on Nipissing
Sudbury, Ont. — It just might be too small for Falconbridge (FL-T), but this region’s newest magmatic sulphide discovery sits well with junior partner Ursa Major Minerals (UMJ-V).Ursa holds a 51% sta…
Correction (September 29, 2003)
In our story “Flow-through funds jump-start juniors” (T.N.M., Sept. 15/03), we said the permitted time period for exploration companies to spend flow-through funds ends in January 2004. That informati…
Base Metals: Building the up-trend
The following is an overview of base metals markets. Detailed reports on the base, as well as precious, metals will appear in subsequent issues.After two years of negative Western World industrial pro…
Spot Prices Wednesday, Sept. 24, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$385.25+12.35Silver$5.23+0.06Platinum$705.00+9.00…