News

KEGS marks 50 with symposium

To mark its 50th anniversary, the Canadian Exploration Geophysical Society (KEGS) is holding a symposium on mining and environmental geophysics.Speakers at the event, slated for March 8 at the Crowne …


Rubicon hits bonanza grades

Vancouver — A 14-hole drill program by Rubicon Minerals (RMX-V) at the McFinley Mine project in Ontario’s Red Lake camp has returned encouraging values.The 6,263-ft. program tested the mineralized zo…


Placer bows out of South Carlin

Not satisfied with the latest drill results, Placer Dome (PDG-T) has chosen to walk away from the South Carlin project of Nevada Pacific Gold (NPG-V).In late 2001, Placer was dealt an option for a 60%…



LME Warehouse Levels (January 27, 2003)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 21 (change from Jan. 14 in brackets):MetalStock(tonnes)ChangeAluminium1226175(-1…


Northern Miner Indices (January 27, 2003)

NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…


Producer and Dealer Prices (January 27, 2003)

Antimony: Mid-mkt US$2,400/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.60/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.50-8.00/lb.Copper: Comex Mar US$0.769/lb.Indium: Indiu…


Investors eye potential at China’s Boka play

Vancouver — The giant Boka gold deposit in southern China has grabbed the attention of investors, who, despite the absence of drill results, have rewarded property operator Southwestern Resources (SW…



Rio Narcea lines up Glencore at Aguablanca

One month after arranging a US$61-million financing, Rio Narcea Gold Mines (RNG-T) has signed a long-term offtake agreement with Swiss commodity trader Glencore International for concentrate from the …


The hammer and the fox

There’s a story about the discovery of silver in northern Ontario, and this is how it goes:When the Temiskaming and Northern Ontario Railway (T&NO) line from North Bay to Haileybury and New Liskeard w…



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