Producer and Dealer Prices (March 10, 2003)
Antimony: Mid-mkt US$2,480/t.Bismuth: Mid-mkt US$2.80/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$7.25-8.00/lb.Copper: Comex May US$0.781/lb.Indium: Indium Corp., ingot, US$110/kg.
News
GREATEST VALUE TRADED, FEB. 26-MAR. 4
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N39727027.6826.6527.25+0.17…
Control of Indonesia’s KPC mine in dispute
Jakarta, Indonesia — PT Kaltim Prima Coal (KPC), a massive open-pit mine in East Kalimantan, Indonesia, is embroiled in a power struggle with local authorities. The struggle has occurred because KPC …
Northair picks up Mexican property
Beating the bushes for projects in Durango state, Mexico, International Northair Mines (INM-V) has tied up six exploration concessions covering 10 sq. km and seven gold-silver showings.The new land pa…
Canadian Royalties hits new zone (March 10, 2003)
Vancouver — The economic promise of the Expo-Ungava nickel-copper-platinum-palladium property got a shot in the arm following operator Canadian Royalties’ (CZZ-V) discovery of yet another high-grade …
Peeking under the covers
Geologists Down Under devise ways to penetrate overburdenAustralia is peeling back the layer of overburden that obscures most of the continent to find ore deposits previously hidden to exploration geo…
Hansa takes over Rhonda claims
Thoroughly occupied by the Northwest Territories diamond hunt, Calgary-based Rhonda Corporation (RDM-V) has spun off its holdings in the Courageous Lake gold belt, north of Yellowknife, to affiliate H…
Opawica finds high-grade in Brazil
Toronto-based Opawica Explorations (OPW-T) has received positive results from the first phase of due diligence at the Bom Jardim gold property in the Tapajos district of Para state in north-central Br…
Doyon hoist needs repairs
A breakdown of the production hoist at Cambior’s (CBJ-T) Doyon mine, 40 km east of Rouyn-Noranda, Que., may result in layoffs during an estimated 2-6 weeks of repairs.At presstime, the company was dis…
Exploration work upgrades Northgate’s Kemess North
Vancouver — In 2002, Northgate Exploration (NGX-T) spent US$3.5 million drilling 42 holes at the Kemess North deposit in the Toodoggone River area of north-central British Columbia. In the process, t…
Queenston intensifies work in Ontario and Quebec
With three drills turning on its projects in northeastern Ontario and northwestern Quebec, this winter is shaping up to be a busy one for Queenston Mining (QMI-T).The company recently completed a 6-ho…
Cornerstone spreads risk, saves cash by joint venturing
For many juniors, keeping the treasury topped up while funding exploration on projects is difficult. One way a company can achieve this is through joint ventures, whereby a partner earns an interest i…