Northern Miner Indices (September 08, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrick GoldABX-T19.4%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport McM BFCX-N7.1%GoldcorpG-T4.4%IncoN-T7.8%Kinross GoldK-T4.3%Newmont Minin…
News
Pechiney snubs Alcan sweetener (September 08, 2003)
Alcan (AL-T) has taken a sweetened takeover bid for Paris-listed Pechiney off the table after the latter rejected the bid as too low.The French aluminum maker says the revised bid of 47-48 euro per sh…
Canadian Stock Exchange Indices (September 08, 2003)
DateSept. 2Sept. 1Aug. 29Aug. 28Aug. 27HighLowTSX Composite7566.86…
Corriente cuts new copper at Mirador (September 08, 2003)
Drilling by Corriente Resources (CTQ-T) has uncovered a new zone of high-grade copper mineralization about 3 km to the northwest of its Mirador copper-gold deposit in southeastern Ecuador.Two angled h…
Asbestos trust fund established in South Africa
A R400-million (US$55-million) trust fund designed to compensate those suffering from asbestos-related diseases has been established in South Africa, with the lion’s share of funding coming from South…
Mustang gallops into Manchester
Mustang Minerals (YMU-T) has inked a deal to explore for nickel on Inco’s (N-T) Manchester property covering a 2.5-km stretch of the Manchester Offset dyke on the south range of the Sudbury igneous co…
New zones cut at Caiman
Core and reverse-circulation drilling by Ariane Gold (AGD-T) at its Camp Caiman project in French Guiana has indicated new gold mineralization at the main Camp Caiman deposit and also intersected gold…
Goldcorp joins Metalcorp at Black Bear
Goldcorp (G-T) has agreed to take up to a 70% interest in Metalcorp’s (MTC-V) 4.3-sq.-km Black Bear property covering the northeast extension of the East Bay deformation zone in the Red Lake gold camp…
Queenston eyes Duquesne West
Queenston Mining (QMI-T) is sending a geological field crew to the Duquesne West gold property near Rouyn-Noranda, Que., having recently acquired the right to earn a 60% interest.To earn its interest,…
Cross Lake drills QR
An induced polarization survey has outlined what may be a new gold zone at the QR Mine property in British Columbia, reports Cross Lake Minerals (CRN-T).The anomaly, situated 400 metres east of the Ma…
Minco drills Gobi project (September 08, 2003)
Vancouver — Minco Mining and Metals (MMM-V) recently kicked off a drill program on its Gobi gold project and continues to explore its BYC project in China.At the Gobi gold project in Inner Mongolia, …
QGX soars in Mongolia (September 08, 2003)
Shares in junior gold explorer QGX (QGX-V) rocketed to an all-time high following the latest batch of exploration results from its Golden Hills prospect in western Mongolia.Hole CVZ-40, collared on th…