Celtic explores Malaumanda project
Drill crews are testing along strike and downdip of a recently discovered zone of mineralization on Celtic Minerals’ (CME-V) Lodon Tops prospect, part of the Malaumanda project in Papua New Guinea.The…
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Casa Berardi extensions take shape under Aurizon
Aurizon Mines (ARZ-T) has wrapped up a drill program of widely spaced holes on the extension of zone 113 and zones 118-120 at the Casa Berardi gold project, 100 km north of Rouyn-Noranda, Que.Results …
Desert Sun confirms zone in Brazil
The first hole of an underground drill program has confirmed the existence of a new zone at the past-producing Jacobina mine in the Bahia gold belt.Desert Sun Mining (DSM-T) is in the midst of a 41,50…
Canadian Stock Exchange Indices (February 02, 2004)
DateJan. 27Jan. 26Jan. 23Jan. 22Jan. 21HighLowTSX Composite8588.15…
Daily Metal Prices (February 02, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 27Jan. 26Jan. 23Jan. 22Jan. 21Al Alloy1497/152…
Anooraq lines up PGM partner in South Africa
Anooraq Resources (ARQ-V) intends to merge its platinum group metal projects in South Africa with those of black empowerment company Pelawan Investments.In return for 91.2 million shares plus $1.7 mil…
Anglo eyes Cardero ground in Mexico
Vancouver — Cardero Resources (CDU-V) and its joint-venture partner, Anglo American (AAUK-Q), have identified several anomalies following an airborne geophysical survey over their 50,000-sq.-km Alisi…
Jaguar Mining consolidates Quadrilatero Ferrifero
Belo Horizonte, Brazil — Rarely does a newly listed junior gold company come with 2.5 million oz. already in the ground and an operating team experienced enough to advance them to production.Yet that…
Producer and Dealer Prices (February 02, 2004)
Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.62/lb.Cobalt: Recent trades US$23-29/lb.Copper: Comex Mar. US$1.114/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: Mi…
The Northern Miner Indices (February 02, 2004)
North American Mining: 105.08 (-0.92)Small Producers: 118.19 (+5.97)(Sept. 30/98 = 100)…
Alcoa sells off can business
Alcoa has packaged part of its packaging equipment business and sold it to American Industrial Partners (AIP) for roughly US$45 million.The sale is part of the aluminum titan’s strategy of focusing on…
Carlin workers to vote on new deal
A ratification vote is set for early February on a contract between Operating Engineers Union Local 3 and Denver-based Newmont Mining.The balloting will be held at the Elko Convention Center in Nevada…