Geomaque and St Barbara offer Defiance
Toronto-based junior Geomaque Explorations (GEO-T) plans to merge with St Barbara Mines of Perth, Australia, to create an international gold mining company.The combined company would be called Defianc…
News
Tiberon tables Nui Phao prefeasibility (January 20, 2003)
Vancouver — Tiberon Minerals (TBR-T) has tabled a positive prefeasibility study of its 70%-owned Nui Phao polymetallic deposit in Vietnam.Based on an initial capital cost of US$140 million, annual th…
Producer and Dealer Prices (January 20, 2003)
Antimony: Mid-mkt US$2,470/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$7.00-7.60/lb.Copper: Comex Mar US$0.76/lb.Indium: Indium…
Northern Miner Indices (January 20, 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…
Canadian Stock Exchange Indices (January 20, 2003)
DateJan. 14Jan. 13Jan. 10Jan. 9Jan. 18HighLowTSX Compos…
Masuparia drills Greywacke
Vancouver — Masuparia Gold (MPG-V) is considering developing a small open-pit gold mine on the Greywacke Lake property northeast of La Ronge, Sask.The announcement is based on results from a series o…
Canada’s junior exchange chases bull
Vancouver — The TSX Venture Exchange continued its bull run over the week ended Jan. 15. The S&P composite index closed up 15.2 points, or 1.38% of its value, to 1,110.57.Oasis Diamond Exploration tr…
The Northern Miner — North American Mining Index (January 20, 2003)
74.59(-0.79)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (January 20, 2003)
91.35 (-4.89)(Sept. 30/98 = 100)…
Markets top out
U.S. equity markets were broadly better as investors digested the big gains that followed the new year. In the report period Jan. 8-14, the Dow Jones Industrial Average rose 102.03 points to 8,842.62,…
Wheaton River gains Aussie, Argentine assets
Vancouver — In a deal that more than doubles its production, Wheaton River Minerals (WRM-T) has agreed to buy Rio Tinto’s (RTP-N) Peak gold mine in Australia along with the major’s 25% stake in Argen…
Rosy forecast for base Metal Prices
Despite prevailing macro uncertainties we are expecting a substantial improvement in base metal prices this year.The risk remains that economic growth will continue to disappoint and that a second rec…