Trading Summary (January 12, 2004)
It was a relatively low-volume day on the TSX as investors braced themselves for the upcoming round of earnings rep…
Articles by Northern Miner Staff
Drill turns at Clifford
Vancouver Armed with a new $1 million financing, Castleworth Ventures (WTH-V) has launched a 5,500 ft. reverse ci…
Queenstake drives into snowbank at Jerritt Canyon
Now entering its seventh month as owner and operator of the Jerritt Canyon gold mine in northeastern Nevada’s Indep…
Diagem takes McFauld’s Lake stake
Vancouver – KWG Resources (KWG-V) has sold its 8% stake in Spider Resources’ (SPQ-V) McFauld’s Lake joint venture p…
Tournigan Gold expands in Ireland
Vancouver — Tournigan Gold (TVC-V) has purchased two more exploration permits in the Republic of Ireland, increasing its land position in the region to 2,022 sq. km.The permits host two gold zones re…
Sighs of relief
It was a long time coming, but from the vantage point of early 2004, we can probably screw up our courage and declare the long resource-industry slump over, and maybe call 2003 the Year of the Bullion…
Wyoming’s geology augurs well for diamond discoveries
Wyoming is a vast state covering nearly 260,000 sq. km of surface area that houses fewer people than most large cities (fewer than 500,000 call Wyoming home). The state has no state income tax, is dri…
Lumina buys Relincho deposit
Vancouver — Lumina Copper (LUM-V) has inked a deal with Andes Pacific Development to acquire the Relincho copper property, 630 km north of Santiago, Chile.The 195-sq.-km property contains several por…
Chinese investors to build silver ‘zone’
In an effort to cultivate China’s burgeoning silver industry, private investors are planning to build the Shanghai Silver Industry Exploitation Zone.Led by Shanghai Contor Enterprise Develop Co., the …
Renewed strength for copper, nickel
After looking at estimated relative metal price performances for 2004, copper looks to be the strongest, and we believe there are strong fundamental reasons for an aggressive annual average cash price…
Spot Prices Tuesday, Jan. 6, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$428.00+12.40Silver$6.28 +0.37Platinum$850.00+38.00…
LME Warehouse Levels (January 12, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 5 (change from Dec. 24 in brackets):MetalStock(tonnes)ChangeAluminium1422525(+33…