Producer and Dealer Prices (January 19, 2004)
Antimony: Mid-mkt US$2,280/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.62/lb.Cobalt: Recent trades US$21.00-29.50/lb.Copper: Comex Mar. US$1.0855/lb.Indium: Indium Corp., ingot, US$320/kg.Irid…
Articles by Northern Miner Staff
We’re number three
“Talk to me Harry Winston/And tell me all about it.” — Leo Robin and Jule Steyn, in Gentlemen Prefer Blondes.This won’t be news to most of us.The Canadian government’s statistical office has official…
Partners confirm El Aguila continuity
Having confirmed the continuity of a gold-siver zone, partners Gold Resource and Canyon Resources (CAU-X) are proceeding with a scoping study at their Aguila property in Mexico’s Oaxaca state.The pair…
Editorial Cartoon (January 19, 2004)
Strong year ahead for base metals
We expect all base metal prices to register double-digit growth from the last quarter of 2003 to the expected peak during 2004.We have made new upward revisions to our base metal price forecasts (+15%…
LME Warehouse Levels (January 19, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 12 (change from Jan. 5 in brackets):MetalStock(tonnes)ChangeAluminium1427525(+50…
Exchange Rates (January 19, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 13Jan. 12Jan. 9Jan. 8Jan. 7US$ in C$1.27291.27361.26921.2788…
Letter to the editor: Diamond story a ‘story’ indeed
Thanks for the interesting Odds ‘n’ Sods article about the Crater of Diamonds deposit in Arkansas (T.N.M., Dec. 26/03-Jan. 1/04). The idea of turn-of-the-century industrial sabotage by De Beers and Op…
Metallica nears startup at Cerro San Pedro
In Mexico, Metallica Resources (MR-T) has awarded a US$105-million mining contract at its Cerro San Pedro project, which is expected to pour its first gold by the end of 2004.The proposed heap-leach o…
Cdn Zinc raises funds
Vancouver – Canadian Zinc (CZN-T) has increased the company’s capital and issued additional shares in a private placement.Subsequently, Canadian Zinc’s recent private-placement financing of $6 million…
Freeport redeems notes
Freeport-McMoRan Copper & Gold (FCX-N) has eliminated US$180 million in debt through the early conversion of senior notes.In mid-2001, the copper magnate issued US$603.75 million worth of senior conve…
Calcatreu takes shape under Aquiline
Ingenerio Jacobacci, Argentina — Results from ongoing infill drilling have convinced Aquiline Resources (AQI-V) that it will soon outline more than 1 million oz. at its Calcatreu gold-silver project,…