Trading Summary (February 09, 2004)
Toronto’s gold sector led a market-wide advance on Friday jumping 8.45 points, or more than 4%, to end at 214.78. T…
News
Partners dig into Crater Mountain
The Nevera prospect has returned the best ever results form the 44-sq.-km Crater Mountain property in the Eastern H…
Apac confirms grades at Beiyinhar
Surface sampling by Apac Minerals (APC-V) has confirmed previously encountered high-grade gold values at the Beiyin…
The Northern Miner Indices (February 09, 2004)
North American Mining: 102.71 (-2.37)Small Producers: 117.71 (-0.48)(Sept. 30/98 = 100)…
Canadian Mining Hall of Fame welcomes four new members
The newest inductees into the Canadian Mining Hall of Fame served their companies in widely differing roles, from explorer to developer to deal maker, but all four men proved to be invaluable contribu…
Diamond exploration heats up in Nunavut
BHP Billiton (BHP-N) has uncovered nine weakly to moderately diamondiferous kimberlites at its Qilalugaq property, near Repulse Bay in Nunavut.A test sample of 9.1 tonnes of kimberlite collected from …
Editorial Cartoon (February 09, 2004)
Teck ups stake in Highland Valley
With the ink barely dry on a 3-year labour deal, Teck Cominco (TEK-T) is preparing to boost to 97.5% its stake in the Highland Valley Copper mine, 60 km southwest of Kamloops, B.C.The company will do …
Strike brings Falco down in Sudbury
Two months of negotiations between union workers and Falconbridge (FL-T) have ended in failure, forcing the major to shut down its mining and milling operations in Sudbury, Ont.Members of the Sudbury …
Birch Mountain tests project
Based on the recommendations of a preliminary technical report, Birch Mountain Resources (BMD-V) plans to advance its Muskeg Valley limestone project in northeastern Alberta to the prefeasibility stag…
Gold price hinges on exchange rate
Gold was surprisingly resilient on the Friday (Jan. 30) before pressday, with good support holding below US$400 per oz. and closing on its high at US$402.20.However, we expect heightened volatility to…
Amador drills Cedar Island
A 10,000-metre drill program is under way at the KPM property, 60 km west of Kenora, Ont. Amador Gold (AGX-V) is drilling the past-producing property in order to expand a known gold resource and test …