Birim extends Tombe-Parabu (December 29, 2003)
Reverse-circulation drilling by Birim Goldfields (BGI-T) on the Bui project in Ghana, West Africa, has extended the Tombe-Parabu North gold discovery some 70 metres to the north.Hole 186 encountered a…
Articles by Northern Miner Staff
Junior exchange breaks downward spiral
Vancouver — Canada’s junior exchange managed to chase away the Grinch over the week ended Dec. 22 as investors showed a renewed interest in speculative issues. The S&P-TSX Venture Exchange composite …
The Northern Miner Indices (December 29, 2003)
North American Mining: 110.03 (+2.46)Small Producers: 106.96 (+1.51)(Sept. 30/98 = 100)…
Canadian Stock Exchange Indices (December 29, 2003)
DateDec. 22Dec. 19Dec. 18Dec. 17HighLowTSX Composite8135.438113.02…
Miners hit new highs
With base metal prices rising across the board in response to a weakening U.S. dollar, U.S.-listed base metal majors basked in new multi-year highs during the 4-day period ended Dec. 22.Alcoa led the …
Anooraq drills Drenthe
Infill drilling by Anooraq Resources (ARQ-V) has reduced, by half, the drill-hole spacing on the central portion of the Drenthe farm, in South Africa’s Bushveld igneous complex.Highlights from the pro…
Aurelian cuts high grades in Ecuador
Zamora, Ecuador — Aurelian Resources (ARU-V) has intersected spectacularly high-grade gold values in the first hole drilled at its 100%-owned Condor project in southeastern Ecuador.The Toronto-based …
Rubicon expands Jaclyn’s dimensions
Midway through a drilling program at the Golden Promise project in central Newfoundland, Rubicon Minerals (RMX-T) has determined that the deposit’s Jaclyn vein zone is bigger than expected.Rubicon opt…
Editorial Cartoon (December 29, 2003)
Exchange Rates (December 29, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 22Dec. 19>Dec. 18Dec. 17US$ in C$1.33151.33971.32921.3251…
Radius tallies Tambor gold
Vancouver — An independent estimate commissioned by Radius Explorations (RDU-V) suggests that the Tambor property in Guatemala has a resource equivalent to 274,000 oz. gold.Based on a cutoff grade of…
Ghana gives nod to Newmont’s Ahafo
The Parliament of Ghana has unanimously approved a foreign investment agreement with Newmont Mining (NEM-N), paving the way for construction of the Ahafo gold project in the Brong Ahafo region.The agr…