Far West banks on Chilean results
Proceeds from a private placement are enabling Far West Mining (FWM-V) to resume its search for iron-oxide copper-gold deposits in the prospective Candelaria belt of northern Chile.In late July, Far W…
Articles by Northern Miner Staff
LME Warehouse Levels (September 29, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 23 (change from Sept. 16 in brackets):MetalStock(tonnes)ChangeAluminium1362550(…
Daily Metal Prices (September 29, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 23Sept. 22Sept. 19Sept. 18Sept. 17Al Alloy140…
Malartic Sud drilling delivers goods at Croinor (September 29, 2003)
An 81-hole drilling program by South-Malartic Exploration (MSU-V) is expanding the known mineralization at the Croinor gold deposit in northwestern Quebec.Drilling over a 680-metre strike length surro…
Exchange Rates (September 29, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 23Sept. 22Sept. 19Sept. 18Sept. 17US$ in C$…
Canadian Zinc puts Prairie Creek on fast track (September 29, 2003)
Vancouver — Authorities have given Canadian Zinc (CZN-T) the approval to proceed with underground development and construction of a metallurgical pilot plant at the Prairie Creek base metal project i…
Northern Miner Indices (September 29, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrick GoldABX-T19.4%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport McM BFCX-N7.1%GoldcorpG-T4.4%IncoN-T7.8%Kinross GoldK-T4.3%Newmont Minin…
Wolfden steps up drilling in Nunavut
In November and December, three rigs will attempt to expand the West zone along strike as well as to depth. The program will consist of 20-30 holes in total.When The Northern Miner visited the project…
Ursa Major sheds light on Nipissing
Sudbury, Ont. — It just might be too small for Falconbridge (FL-T), but this region’s newest magmatic sulphide discovery sits well with junior partner Ursa Major Minerals (UMJ-V).Ursa holds a 51% sta…
Correction (September 29, 2003)
In our story “Flow-through funds jump-start juniors” (T.N.M., Sept. 15/03), we said the permitted time period for exploration companies to spend flow-through funds ends in January 2004. That informati…
Base Metals: Building the up-trend
The following is an overview of base metals markets. Detailed reports on the base, as well as precious, metals will appear in subsequent issues.After two years of negative Western World industrial pro…
Diavik powers Aber’s earnings
As the newly constructed Diavik diamond mine continues to ramp-up, Aber Diamond (ABZ-T) sold US$19.2 million worth of rough gems over the 6-month period ended July 31, 2003, resulting in net earnings …