ATAC eyes Chinese prospects
Vancouver-based ATAC Resources (ATC-V) plans to scour China for mineral deposits, focusing on regions where the geology and metallogeny resemble those of the northern Cordillera.The joint-venture expl…
News
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…
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…
The Northern Miner Indices (February 16, 2004)
North American Mining: 108.29 (+5.58)Small Producers: 124.91 (+7.20)…
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 …
The outlook for precious, base metals
Profit-taking is undermining the precious metals markets and, from a technical point of view, we expect gold, silver and platinum to remain subdued over the coming months. In a reversal of last year’s…
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…