DRD nabs 20% of Porgera
South African-based Durban Roodepoort Deep (DROOY-Q) has agreed to acquire Australian-listed Oil Search Ltd.’s 20%…
Articles by Northern Miner Staff
Jilbey drills Taranga (October 14, 2003)
Drilling has begun at the Taranga gold permit in Burkina Faso, reports Jilbey Gold Exploration (JIB-V).The prop…
Springlake underground resumes
AfriOre (AFO-T) has resumed underground production at the Springlake anthracite mine, north of Dundee in Kwazulu Na…
Spot Prices Tuesday, Oct. 7, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$376.20-8.30Silver$4.84-0.28Platinum$722.00+14.00…
Exchange Rates (October 13, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 6Oct. 3Oct. 2Oct. 1Sept. 30US$ in C$1.38111.34181.33821.3480…
LME Warehouse Levels (October 13, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 6 (change from Sept. 29 in brackets):MetalStock(tonnes)ChangeAluminium1372575(+1…
The Northern Miner Indices (October 13, 2003)
North American Mining: 87.37 (-0.24)Small Producers: 80.82 (+0.69)(Sept. 30/98 = 100)…
Sermon from the height of hypocrisy
As actor Toni Collette proved last week, a green religious mania is on the loose — one that threatens our reason, and much more.Collette, who first won fame in Muriel’s Wedding, told of filming part …
Improved bioleaching
Billions of years before man even dreamed of the golden riches hidden beneath the earth’s surface, naturally occurring microorganisms had been leaching valuable metals out of heaps of mineralized rubb…
Great Basin drills at Burnstone
Hunter-Dickinson-led Great Basin Gold (GBG-T) has tabled the results of a 25-hole, 19,000-metre drill program focused on Area 2 of the 400-sq.-km Burnstone property, 100 km southeast of Johannesburg, …
Daily Metal Prices (October 13, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 6Oct. 3Oct. 2Oct. 1Sept. 30Al Alloy1385/1385…
Newmont buys into Southwestern
Vancouver — Newmont Mining (NEM-N) will buy 450,000 shares of Southwestern Resources (SWG-T) at $15 per share for total proceeds of $6.75 million. Newmont has agreed, for 12 months, not to sell the s…