Breakwater polishes Langlois study
An updated feasibility study of the Langlois base metal mine in northwestern Quebec has Breakwater Resources (BWR-T) eyeing about $10 million more in cash flow.The study takes into account the recentl…
News
Diamonds glitter on junior market
Vancouver — Canada’s junior exchange experienced a surge in diamond-related issues during the week ended June 17. The S&P-TSX Venture Exchange composite index jumped 17.36 points, or 1.58%, and close…
Strong gold price pushes producers higher
The Toronto Stock Exchange’s composite index climbed a healthy 78.32 points over the June 11-17 report period to finish at 7,121.02.Gold firmed up US$7.10 in overseas trading to plant itself at US$361…
Tournigan tests Irish prospect
Vancouver — Junior Tournigan Gold (TVC-V) has launched a 5-hole drill program on the Glenlark prospect, part of the Tyrone project in Northern Ireland.Glenlark is marked by stratabound gold-silver-zi…
News – 23-JUN-03
Although Saskatchewan kimberlites carry much lower grades than those being mined in the Canadian Arctic, the sheer size of the Fort la Corne kimberlites renders them highly attractive targets.The Fo…
NRCan in JV
Natural Resources Canada (NRCan) has teamed with COREM, a mineral research institute in Quebec City, in an effort to develop mining-related technology.The joint venture will focus on improving energy …
Northern Miner Indices (June 23, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T20.0%CamecoCCO-T3.6%FalconbridgeFL-T4.6%Freeport McM BFCX-N5.8%GoldcorpG-T4.5%IncoN-T8.0%Kinross GoldK-T4.5%Newmont MiningNEM…
Gammon bullish at Northeast Ocampo (June 23, 2003)
An independent scoping study of Gammon Lake Resources’ (GAM-T) Northeast Ocampo project in Mexico paints a robust picture.Completed by Nevada-based Kappes, Cassiday & Associates (KCA), the preliminary…
Canico steps up nickel exploration at Ona Puma
Ourilandia, Brazil — With eight drill rigs on site and four more on the way, Canico Resource (CNI-T) is intensifying exploration of the Ona Puma nickel laterite project in Brazil’s Para state.Engine…
Editorial Cartoon (June 23, 2003)
New threat to US dollar hegemony
“Abu Bakr ibn Abi Maryam reported that he heard the Messenger of Allah (may Allah bless him and grant him peace) say: ‘A time is certainly coming over mankind in which there will be nothing [left] whi…
People (June 23, 2003)
Teck Cominco — Chris Thompson appointed to board of directors.Trivalence — Omair Choudhry appointed CFO; Hamish Malkin resigned as CFO.True North Gems — Len De Melt appointed project m…