‘Mineropoly’ wins Junior Miner contest
Ten-year-old Trevor Smith of Toronto has won this year’s Junior Miner of Ontario award for creating a board game that stresses the use of mined materials in everyday items.Smith took home the $150 top…
Articles by Northern Miner Staff
Copper exploration heats up in BC
Vancouver — Reminiscent of the 1970s, copper exploration has once again taken centre-stage in the hunt for metals in British Columbia.Sparking the revival are higher prices and a new discovery made b…
Sulliden outlines geochem targets at Shahuindo (November 24, 2003)
Reconnaissance soil geochemistry by Sulliden Exploration (SUE-T) at the Shahuindo property in Cajamarca department, northern Peru, has outlined targets with elevated gold concentrations.The 90-line-km…
Blue Ice proves puzzling
After a summer’s drilling on the High Arctic Blue Ice project at Victoria Island, there appear to be more questions than answers for Diamonds North Resources (DDN-V).Both the Carina and newly discover…
Lending Rates (November 24, 2003)
as of 4 pm ET, Nov. 18, 2003(%)Bank of Canada3.00Target overnight rate2.75Canadian Prime4.50U.S. Discount Primary2.00U.S. Fed Funds market rate1.00U.S. Prime4.00LIBOR US$ 3-month1.17LIBOR US$ …
Gold outshines the TSX
The Toronto Stock Exchange’s gold index mirrored the yellow metal’s performance during the Nov. 12-18 report period, ending with a surge to sit 9.01 points higher at a new year-high mark of 226.70.Gol…
Claude buoyed by higher gold sales
Increased gold and sales and a higher gold price helped Claude Resources (CRJ-T) achieve net earnings of $1 million during the three months ended Sept. 30.The profits translate into 2 per share, and …
Golds rebound on mixed week
The major bourses south of the border picked up where they left off. The Dow Jones Industrial Average ended the Nov. 12-18 period off 224.67 points at 9624.16, while the Standard & Poor’s 500 index dr…
People (November 24, 2003)
Alliance Resource — Brian Cantrell appointed VP and CFO.Desert Sun — Peter Tagliamonti appointed VP and COO.European Goldfields — Eduardo Baer appointed president and executive directo…
McWatters limps to another quarterly loss
Troubled Quebec miner McWatters Mining (MWA-T) limped to a net loss of $5.9 million for the three months ended Sept. 30.The loss translates into a penny per share, and compares with a year-earlier los…
Daily Metal Prices (November 24, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 18Nov. 17Nov. 14Nov. 13Nov. 12Al Alloy1382/140…
Producer and Dealer Prices (November 24, 2003)
Antimony: Mid-mkt US$2,050/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$13.70-15.50/lb.Copper: Comex Dec. US$0.932/lb.Indium: Indium Corp., ingot, US$265/kg.Iridi…