Trading Summary – TSX Venture (February 17, 2004)
Vancouver Canada’s junior exchange kept climbing as bullion moved higher. Advancing stocks beat declining stocks…
News
Fire hampers Julietta mine
A fire in a warehouse has forced Bema Gold (BGO-T) to scale back mining and milling at the Julietta mine in Far Eas…
Oremex drills for silver in Durango
With silver attracting increased investor attention, more and more exploration companies are flocking to Mexico, on…
Southwestern arranges $35.5 million financing
Vancouver — Southwestern Resources (SWG-T) inked a deal with a syndicate of underwriters to sell one million commo…
Trading Summary TSX-Venture (February 16, 2004)
Vancouver Canada’s junior exchange continued its bull run as advancing stocks beat declining stocks 425-385. The…
Tournigan cuts high grade at Curraghinalt
Vancouver — Tournigan Gold (TVC-V) has intersected high-grade gold mineralization during its recent feasibility dr…
Trading Summary – TSX (February 16, 2004)
Toronto’s diversified miners joined the real estate sector in using red ink on Monday, falling 0.94 of a point to 2…
Breakwater eyes Myra Falls
Breakwater Resources (BWR-T) has agreed to acquire the Myra Falls zinc-copper mine on Vancouver Island from Swedish…
Newmont expands reserves at drill bit
The larger the gold company, the tougher the challenge of replacing mined ounces and expanding overall reserves and resources. A few years ago, Newmont Mining (NEM-N) had only about 9 million oz. of r…
Sampling and drilling
— This is the first of a series of excerpts from the ninth edition of Mining Explained, recently published by The Northern Miner. The book sells for $30, plus $3 for shipping, and is available by cal…
The Northern Miner Indices (February 16, 2004)
North American Mining: 108.29 (+5.58)Small Producers: 124.91 (+7.20)…
The outlook for precious, base metals
Profit-taking is undermining the precious metals markets and, from a technical point of view, we expect gold, silver and platinum to remain subdued over the coming months. In a reversal of last year’s…