CZN buys into Prairie Creek
An agreement with Titan Logix (TLA-V) has allowed Canadian Zinc (CZN-T) to buy Titan’s 2% net smelter return royalty interest in the Prairie Creek mine property in the Northwest Territories.Prairie Cr…
News
LME Warehouse Levels (February 16, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 10 (change from Feb. 3 in brackets):MetalStock(tonnes)ChangeAluminium1421625(-20…
Daily Metal Prices (February 16, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 10Feb. 9Feb. 6Feb. 5Feb. 4Al Alloy1530/1560…
Jackson Inlet anomalous in indicator minerals
Regional sampling across more than half of Twin Mining’s (TWG-T) holdings on the Brodeur Peninsula, on Baffin Island, has identified a dozen anomalous areas.Of the 426 samples collected, 110 contain k…
Exchange Rates (February 16, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 10Feb. 9Feb. 6Feb. 5Feb. 4US$ in C$1.32891.33041.32911.3319…
Tahera’s Jericho inches closer to development
The environmental impact statement for the Jericho diamond project of Tahera (TAH-T) has won conditional approval from the Nunavut Impact Review Board. The board’s findings have been forwarded to the …
Mustang cuts more nickel at C zone
Vancouver — Mustang Minerals (MUM-V) continues to be encouraged by results obtained from the C zone of the Bannockburn nickel project, 100 km southeast of Timmins, Ont.Drilling has extended nickel mi…
Canadian Stock Exchange Indices (February 16, 2004)
DateFeb. 10Feb. 9Feb. 6Feb. 5Feb. 4HighLowTSX Composite8751.518695.208638.618548.41…
Broad market rises as golds and base metals heat up
With strong support from the resource sector, the S&P/TSX composite index jumped 90.81 points over the Feb. 4-10 report period to end the week at 8,751.51.Gold rose US$6.60 in overseas trading to sett…
Market moves with gold
Vancouver — Canada’s junior exchange made a big comeback over the week ended Feb. 10, as gold stocks started making positive gains. The S&P/TSX Venture Exchange composite index closed at 1866.18, up …
Continental heads to Tibet
Continental Minerals (KMK-V) intends to drill-test an early-stage copper-gold discovery at the Xietongmen project, 240 km southwest of Lhasa in Tibet. The Vancouver-based junior, part of the Hunter-Di…
Everton, Globestar advance Bayaguana
Vancouver — Everton Resources (EVR-V) and partner Globestar Mining (GMI-V) have tabled new copper-in-soil results and completed a first phase of drilling at the Bayaguana group of properties in the D…