Northern Miner Indices (March 08, 2004)
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…
News
LME Warehouse Levels (March 08, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 2 (change from Feb. 24 in brackets):MetalStock(tonnes)ChangeAluminium1393675(+8…
SEC nabs ‘Runaway Ron’ (March 08, 2004)
American regulators have filed a civil suit against Ronald V. Markham, a promoter described by securities regulators on several continents as “the ultimate con man.”A report by Brent Mudry in Canada S…
Constellation cuts Cashin copper (March 08, 2004)
Fan drilling to define the western margin of the Cashin deposit in Colorado has returned some wide swaths of encouraging copper grades for Denver-based Constellation Copper (CCU-T).The latest holes we…
Money matters for Mining Matters
The Mining Matters program, which teaches earth sciences to Ontario elementary school students, is trying to raise $75,000 this year, and so far has scraped together about $30,000.Created by the Prosp…
New discovery spurs Mount Polley’s revival
The latest round of drilling by Imperial Metals (III-T) is confirming the high-grade nature of the newly discovered Northeast zone at the Mount Polley mine project in south-central British Columbia.Th…
Thank you India
With the rapid industrialization of China and all that goes along with it (such as increased metals demand) garnering so much media attention, it’s perhaps not surprising that the world’s second most …
Pathfinder to test Zulema
A 2,000-metre drilling program will test geophysical and other targets identified by Pathfinder Resources (PHR-V) at the Zulema copper-gold project in northern Chile.The Vancouver-based junior holds a…
Meguma gold enjoys revival
A small Nova Scotian exploration company led by William Felderhof believes a geological model developed by an Aussie junior to exploit the Bendigo goldfields in Australia is applicable to gold deposit…
Higher aluminum prices forecast
We expect base metal prices to continue to perform strongly over the near term, even though we have already seen multi-year highs. We also believe the rising price cycle will turn after this year.In t…
TSX leads the world in mine financings
As in South Africa, gold has been one of Canada’s most important mineral products for a long time, but in the last few years we have begun to produce diamonds too. South Africa has the distinction of …
Abacus drills Afton targets
A 10,000-metre drilling program will test numerous geophysical anomalies on ground held by Abacus Mining & Exploration (AME-V) in the Afton copper-gold camp, near Kamloops, B.C.The Vancouver-based jun…