Kirkland Lake cuts porphyry south of Main Break
Underground drilling by Kirkland Lake Gold (KGI-T) has turned up three new gold prospects at the Macassa mine in northern Ontario. All lie south of the 4700 level and were cut by hole 47-994B.The firs…
News
TNM launches online job board
The Northern Miner has launched an online job board exclusive to the mining industry. The website, northernminerjobs.com, promises to match job seekers with companies looking for personnel.Job seekers…
GlobeStar eyes $5m for Maimon
GlobeStar Mining (GMI-V) has inked a deal with Canaccord Capital and Dundee Securities to raise $5 million for its advanced Cerro de Maimon copper-gold project in the Dominican Republic.Under the deal…
That Old Economy feeling
A funny little application on the Internet lets you roll your cursor arrow over a graph; as you do that, four caricature figures, meant to be economists, follow your every move.The point of the joke i…
Freewest expands Clarence Stream
A recently completed drill program at the Clarence Stream gold property in southwestern New Brunswick shows that there is continuity between the AD and MW zones, confirming suspicions that they are co…
Lending Rates (November 17, 2003)
as of 4 pm ET, Nov. 11, 2003(%)Bank of Canada3.00Target overnight rate2.75Canadian Prime4.50U.S. Discount Primary2.00U.S. Fed Funds market rate1.00U.S. Prime4.00LIBOR US$ 3-month1.18LIBOR US$ …
Northern Miner Indices (November 17, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T17.1%CamecoCCO-T3.3%FalconbridgeFL-T5.0%Freeport McM BFCX-N8.2%GoldcorpG-T4.3%IncoN-T8.7%Kinross GoldK-T4.3%Newmont MiningNEM…
Daily Metal Prices (November 17, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 11Nov. 10Nov. 7Nov. 6Nov. 5Nov. 4Al Alloy…
TSE slides as precious metals fly
Except for the last day, buyers outpaced sellers over the Nov. 5-11 report period, but not enough to overcome last minute profit-taking. The Toronto Stock Exchange composite index finished the period …
Bogoso-Prestea shines for Golden Star (November 17, 2003)
At the Bogoso-Prestea open-pit mines in Ghana, Golden Star Resources (GSC-T) has bought back a gold-indexed royalty from South African-based Barnato Exploration.In doing so, Golden Star delivered 2.75…
Editorial Cartoon (November 17, 2003)
Keevil heads 2004 inductees into Canadian Mining Hall of Fame
Norman B. Keevil, the man best-known for taking middling Teck Corp., with a couple of small gold mines, and building it into a base metals powerhouse, will be among four new inductees into the Canadia…