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…
Articles by Northern Miner Staff
Sur bulks up at Comval (January 12, 2004)
Junior Sur American Gold (SUR-V) has pulled more bonanza grades from its Comval project in the Philippines.Two bulk samples from the Amy vein (formerly known as Tarale #7 and part of the Tarale system…
Rio Tinto reports major copper find in Arizona
For a company not readily recognized for making its own discoveries, London-based Rio Tinto (RTP-N) is beginning to enjoy the fruits of a US$100-million-per-year exploration campaign that has culminat…
Cameco gathers gold assets under Centerra
Higher gold prices have prompted Cameco (CCO-T) to bundle its gold assets into newly created Centerra Gold, and offer shares in that company.Initially, Cameco will hold 67% of Centerra after transferr…
Chinese investors to build silver ‘zone’
In an effort to cultivate China’s burgeoning silver industry, private investors are planning to build the Shanghai Silver Industry Exploitation Zone.Led by Shanghai Contor Enterprise Develop Co., the …
Renewed strength for copper, nickel
After looking at estimated relative metal price performances for 2004, copper looks to be the strongest, and we believe there are strong fundamental reasons for an aggressive annual average cash price…
Spot Prices Tuesday, Jan. 6, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$428.00+12.40Silver$6.28 +0.37Platinum$850.00+38.00…
LME Warehouse Levels (January 12, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 5 (change from Dec. 24 in brackets):MetalStock(tonnes)ChangeAluminium1422525(+33…
Golds glitter on junior exchange
Vancouver — Canada’s junior exchange continued its love affair with bullion over the holiday-shortened trading week that ended Jan 6. The S&P-TSX Venture Exchange composite index added 55.5 points, o…
Exchange Rates (January 12, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 6Jan. 5Jan. 2Dec. 31Dec. 30US$ in C$1.28191.28031.29001.2924…
Producer and Dealer Prices (January 12, 2004)
Antimony: Mid-mkt US$2,280/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.62/lb.Cobalt: Recent trades US$17.90-22.50/lb.Copper: Comex Mar. US$1.0705/lb.Indium: Indium Corp., ingot, US$320/kg.Irid…
Canadian Stock Exchange Indices (January 12, 2004)
DateJan. 6Jan. 5Jan. 2Dec. 31Dec. 30HighLowTSX 8405.108381…