Newcomer takes over Natural Resources portfolio
A relative newcomer to federal politics has taken over the natural resources portfolio as John Efford was sworn in…
Articles by Northern Miner Staff
Pacific Minerals closes 9.2 million financing
Vancouver — Pacific Minerals (PMZ-V) has closed two private placement financings, totalling $9.2 million.The f…
Kinross, Bema aim to restart Refugio
Mining at the Refugio heap-leach gold operation, near Copiapo, Chile, is set to resume.The mine is owned equally by Kinross Gold (K-T) and Bema Gold (BGO-T), with the former acting as operator. The mi…
Miner survives being buried alive at Stillwater
An underground miner was injured in an accident at the Stillwater mine in Montana.Robert Slone, 47, is in critical condition at a hospital in Billings after being buried in an ore pass following the c…
Fifty Years Ago / December 1953
Kluane Lake deposits biggerRecent drill results have caused officials at Hudson Bay Mining & Smelting to revise their estimate of the deposits being developed at Kluane Lake in the Yukon. They were in…
New life for Lucky Friday
Hecla Mining (HL-N) will proceed with major underground development at its wholly owned Lucky Friday silver mine in northern Idaho’s Coeur d’Alene camp, ensuring that the struggling operation will rem…
Spot Prices Tuesday, Dec. 9, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$408.25+7.20Silver$5.54 +0.08Platinum$799.00+21.00…
Exchange Rates (December 15, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 9Dec. 8Dec. 5Dec. 4Dec. 3US$ in C$1.30921.29631.30451.3122…
LME Warehouse Levels (December 15, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 9 (change from Dec. 2 in brackets):MetalStock(tonnes)ChangeAluminium1401275(+642…
Producer and Dealer Prices (December 15, 2003)
Antimony: Mid-mkt US$2,020/t.Bismuth: Mid-mkt US$2.75/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$15.80-17.10/lb.Copper: Comex Mar. US$0.979/lb.Indium: Indium Corp., ingot, US$265/kg.Iridi…
Canadian Stock Exchange Indices (December 15, 2003)
DateDec. 9Dec. 8Dec. 5Dec. 4Dec. 3HighLowTSX Composite7975.947990.777990.287880.507959.887997.666204.94TSX Metals & Mining212.19210.99209.84193.16205.10210.99115.38TSX Gold231.81…
Gold stocks down as bullion rises
This was a week of mainly sideways motion in the U.S. equity markets, with the Dow Jones Industrial Average rising 69.78 points to 9,923.42, as the Standard & Poor’s 500 Index fell 6.44 points to 1,06…