US Supreme Court sides with coal miners
The U.S. Supreme Court recently refused to consider if the U.S. government improperly loosened rules for underground coal mining operations. Environmental groups had argued that 3,500 acres of nationa…
News
Dundee Precious Metals eyes producer status (March 01, 2004)
Not satisfied to watch from the sidelines, investment company Dundee Precious Metals (DPM-T) plans to join the ranks of gold producers by developing two recent Bulgarian acquisitions itself.”The prima…
Northern Miner Indices (March 01, 2004)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T17.1%CamecoCCO-T3.3%FalconbridgeFL-T5.0%Freeport McM BFCX-N8.2%GoldcorpG-T4.3%IncoN-T8.7%Kinross GoldK-T4.3%Newmont MiningNEM…
Daily Metal Prices (March 01, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 24Feb. 23Feb. 20Feb. 19Feb. 18Al Alloy1541/157…
Nickel, gold weigh on market
The Toronto Stock Exchange’s S&P-TSX composite index dropped 112.81 points, or 1.3%, to end the Feb. 18-24 report period at 8,604.99. Much of the drop can be attributed to the fall of recent stars nic…
Venture Exchange eases back after gains
Stocks on the TSX Venture Exchange slumped in the last two trading days of the reporting period Feb. 18-24, leaving the S&P-TSX Venture composite index at 1,863.61 points, down 67.90 points or 3.5% of…
People (March 01, 2004)
Apollo Gold — Melvyn Williams appointed senior VP of finance and corporate development.Crystallex — Ron Colquhoun appointed VP of technical services; Brendan Burke appointed project manager; John Bi…
Feasibility drilling enhances Mirador
Drilling by Corriente Resources (CTQ-T) has confirmed the presence of high-grade copper mineralization in a portion of the Mirador deposit in southeastern Ecuador.Hole M65 returned 42 metres grading 1…
Diamonds North scours eastern Nunavut
Following up on promising kimberlite indicator mineral chemistry, Diamonds North Resources (DDN-V) has joined the diamond hunt in eastern Nunavut.Last fall, the company staked a large block of claims …
Tantalum
Tantalum-bearing minerals are found predominantly in Australia, the tin belt of Southeast Asia, Brazil, Canada, and a few countries in central Africa. Resources also occur in parts of China and the fo…
Gold searching for support
London-based Gold Fields Mineral Services (GFMS) predicts gold prices will continue rallying during the first half of 2004, perhaps surpassing US$450 per oz. before the end of June. The consulting fir…
Wheaton River on a roll
It doesn’t get much better than this — a 325% increase in production, a 66% reduction in cash costs, and a 600% reserve increase. And all in the space of a year.Wheaton River Minerals (WRM-T) produce…