Daily Metal Prices (January 19, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 13Jan. 12Jan. 9Jan. 8Jan. 7Al Alloy1475/1505…
News
Goldeye eyes gold at LaCarte (January 19, 2004)
Drilling on the LaCarte North prospect, in Tyrrell Twp., 95 km south of Timmins, Ont., has returned significant gold intersections for junior explorer Goldeye Explorations (GGY-V).A 13-hole program te…
Profit-taking grabs hold of broad market
Profit-takers went away happy as the Toronto Stock Exchange composite index dipped 24.76 points over the Jan. 7-13 report period, ending the week at 8,380.34.Gold also reversed course, retreating US$3…
Metallica Afcan reworks Sino Gold deal
Junior Afcan Mining (AFK-V) has agreed to postpone, for two years, a US$700,000 payment due to Australian-based Sino Gold. The payment had been due at the end of 2003.The deal also calls for Afcan to …
Letter to the editor: Diamond story a ‘story’ indeed
Thanks for the interesting Odds ‘n’ Sods article about the Crater of Diamonds deposit in Arkansas (T.N.M., Dec. 26/03-Jan. 1/04). The idea of turn-of-the-century industrial sabotage by De Beers and Op…
De Beers’ Victor mired in red tape
De Beers is reassessing the proposed development schedule for the advanced-stage Victor diamond project in northern Ontario while it awaits notification from the federal government regarding scoping r…
‘Journey to the heart of hypocrisy’
This letter echoes your commentary titled “Sermon from the height of hypocrisy” (T.N.M., Oct. 10-16/03).I spent Christmas in Toronto, among people with fashionably left-liberal political views. They m…
Severe winter frustrates Queenstake
As it enters its seventh month as owner and operator of the Jerritt Canyon gold mine in northeastern Nevada, Queenstake Resources (QRL-T) says the “unusually early and severe” onset of winter has hamp…
Gold without cyanide
The Center for Advanced Mineral and Metallurgical Processing (CAMP) at Montana Tech of the University of Montana has been using nitrogen-species-catalyzed (NSC) pressure leaching followed by an alkali…
Canarc extends New Polaris at depth
Vancouver — Deep drilling at Canarc Resource’s (CCM-T) New Polaris property near Atlin, B.C., has intersected high-grade gold veins at depth.The 3-hole, 5,121-ft. program was designed to test two dee…
Setting the record straight on Angostura
As a director of Greystar Resources and a faithful Northern Miner reader since 1952, I felt personally vindicated by John Cumming’s front-page feature article on the Angostura project in Colombia (T.N…
Rubicon plans extensive drilling
Vancouver — Rubicon Minerals (RMX-T) is preparing for an aggressive drill campaign at its projects in Red Lake, Ont., and Newfoundland.The junior has advanced a total of 15 projects to the drill-read…