Olympus tables Phuoc Son resource
Vancouver — Olympus Pacific (OYM-V) has tabled an independent resource estimate of its Phuoc Son gold project, 90 km southwest of the seaport city of Da Nang in central Vietnam.Watts Griffis & McOuat…
News
Chile tops for mining investment
For the second straight year, Chile has been selected as the most attractive region in the world for mining investment in a survey of companies conducted by the Fraser Institute.Executives from compan…
Editorial Cartoon (February 09, 2004)
EuroZinc lone bidder for Neves Corvo
Vancouver — EuroZinc Mining (EZM-V) is the only company to have bid on the offering of the Portuguese government’s 51% interest in Somincor, the company that owns the giant Neves Corvo copper mine in…
Diamond exploration heats up in Nunavut
BHP Billiton (BHP-N) has uncovered nine weakly to moderately diamondiferous kimberlites at its Qilalugaq property, near Repulse Bay in Nunavut.A test sample of 9.1 tonnes of kimberlite collected from …
Canadian Mining Hall of Fame welcomes four new members
The newest inductees into the Canadian Mining Hall of Fame served their companies in widely differing roles, from explorer to developer to deal maker, but all four men proved to be invaluable contribu…
The Northern Miner Indices (February 09, 2004)
North American Mining: 102.71 (-2.37)Small Producers: 117.71 (-0.48)(Sept. 30/98 = 100)…
Canadian Stock Exchange Indices (February 09, 2004)
DateFeb. 3Feb. 2Jan. 30Jan. 29Jan. 28HighLowTSX Composite8660.70…
Exchange Rates (February 09, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 3Feb. 2Jan. 30Jan. 29Jan. 28US$ in C$1.33741.33841.32641.333…
Producer and Dealer Prices (February 09, 2004)
Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$27-29/lb.Copper: Comex Mar. US$1.1685/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: M…
Ok Tedi suffers production snag
Inmet Mining’s (IMN-T) 18%-owned Ok Tedi copper mine in Papua New Guinea will operate at a minimum of half-capacity for at least the next two months, following the failure of one of two semi-autogenou…
Spot Prices Tuesday, Feb. 3, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$401.75-2.25Silver$6.18 -0.06Platinum$824.00-30.00…