Noranda to idle troubled Magnola
Noranda (NRD-T) reports that it will temporarily shut down its 80%-owned Magnola magnesium plant in Danville, Que.,…
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South Benso fills out
Follow-up drilling by St. Jude Resources (SJD-V) at the South Benso gold property in Ghana has extended the Subriso…
Trading Summary (January 27, 2003)
The techs stocks led the Toronto Stock Exchange 108.38 points lower to 6,556.52 points on Monday. The mining issues…
Fire hits Noranda’s Brunswick smelter
Noranda (NRD-T) reports that a weekend fire was contained to the silver refinery at its Brunswick lead smelter in B…
Maggie Hays gets green light (January 27, 2003)
Vancouver – In a move that doubles its nickel production down under, LionOre Mining International (LIM-T) is moving…
Tahera tables Jericho EIS (January 27, 2003)
Shares in Tahera (TAH-T) were trading nearly 7% higher in afternoon trade in Toronto on Jan. 27, after the company…
Renard 2 potential confirmed
The latest 2.5-tonne sample from the Renard 2 pipe has yielded 1.62 carats of diamonds greater than 0.85 mm in diam…
DFI to reassess Marshall Fork
Having recently resumed diamond production from the Marshall Forks area of its Luderitz offshore diamond concession…
Spot Prices Wednesday January 22, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$359.25+7.35Silver$4.83+0.10Platinum$648.00+29.00…
OPA helps fund grassroots work
The Thunder Bay-based Ontario Prospectors Association (OPA) will help fund grassroots exploration through its newly created Ontario Exploration Corp. (OEC).Partially funded by the Ontario government t…
A sweet week for golds
Gold bugs were delighted over the holiday-shortened report period as prices for the yellow metal surged more than US$7 to a new, 6-year high of almost US$360 per oz.Gold has been on a steady march upw…
Golds rebound, base metals sink with broad market
The S&P-TSX composite index traded in a narrow range over the Jan. 15-21 report period, closing down 70.58 points at 6,740.40.The golds fared better, rising 5.7 points to 193.40. The sub-group got a p…