Daily Metal Prices (February 23, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 17Feb. 16Feb. 13Feb. 12Feb. 11Al Alloy1590/162…
News
Diamonds outshine gold on TSX
The Feb. 11-17 report period saw the S&P-TSX Composite Index recover from a mid-period dip to end just 0.6 of a point lower at 8,767.1. The gold index mimicked the yellow metal’s performance, yo-yoing…
Obituary: Arthur Fisher
Arthur Thompson Fisher, a mining engineer and principal of numerous mining companies, passed away suddenly in late January in North Vancouver, B.C.Fisher was born in 1938, in Edinburgh, Scotland; he a…
Barrick, Falco team up in Tanzania
Odd couple Barrick Gold (ABX-T) and Falconbridge (FL-T) have agreed to explore jointly the Kabanga nickel deposit in Tanzania.Falco can take a half-interest and assume the role of operator by funding …
Metallica sizes up El Morro deposit (February 23, 2004)
Armed with data from 15 diamond- and reverse-circulation holes, Noranda (NRD-T) has tabled an inferred resource estimate for the El Morro area on Metallica Resources’ (MR-T) copper-gold project of the…
Spider, KWG expand McFaulds Lake target
Vancouver — Partners Spider Resources (SPQ-V) and KWG Resources (KWG-V) are encouraged by drill results from the McFaulds #3 base metal deposit in the James Bay Lowlands of Ontario.Hole 20 intersecte…
‘Mining for Miracles’ gets Ekati diamond
Vancouver — A diamond from the Ekati mine in the Northwest Territories will be raffled to raise money for the British Columbia Children’s Hospital in Vancouver.The raffle is part of the Mining for Mi…
Trading Summary (February 20, 2004)
The Toronto Stock Exchange finished the week with a 57.16-point drop to 8,641.93 as only the health care and real e…
Metallica breaks ground at Cerro San Pedro (February 20, 2004)
Metallica Resources (MR-T) has begun building its Cerro San Pedro heap-leach gold-silver project in central Mexico.
IMA drilling expands Navidad
The latest batch of five holes continues to expand the Navidad silver discovery in the Patagonia region of Argent…
Mirabel Resources to acquire Rocmec International
Montreal-based junior explorer Mirabel Resources (RMB-V) plans to acquire privately owned Rocmec International. …
Trading Summary (February 19, 2004)
Losses by Toronto’s mining sectors help the S&P/TSX Composite Index 18.74 points lower to 8,699.09 on Thursday. The…