Gabriel expands Rosia Montana
An updated resource estimate has added 1.5 million oz. gold and 6.4 million oz. silver to the advanced Rosia Montana gold project in Romania.Recently, 80%-owner Gabriel Resources (GBU-T) tested previo…
2003
Junior exchange rides golden bull
Vancouver — Canada’s junior exchange continued its bull run as gold broke through the US$400-per-oz. mark over the 5-day trading period ended Dec. 2. The S&P-TSX Venture Exchange composite index rock…
Hot holes for European Goldfields
Drilling at European Goldfields’ (EGU-V) Certej and Sacaramb projects in western Romania has resulted in several long, gold-rich intersections.Highlights from the first four reverse-circulation holes …
The No-parking zone
Ontario prospectors are shortly to gather for an annual show-and-tell session in Toronto, making this week a convenient time to take a look at how that part of the mineral industry is faring.Certainly…
Canarc cuts more gold at Benzdorp (December 08, 2003)
Vancouver — Canarc Resource (CCM-V) is encouraged by the latest batch of drill results from the JQA prospect at its Benzdorp property in Suriname.Benzdorp, which comprises 1,380 sq. km, is 300 km sou…
Spot Prices Tuesday, Dec. 2, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$401.35+9.85Silver$5.46+0.25Platinum$776.00+18.00…
Jaguar Nickel fires up pilot plant (December 08, 2003)
Junior Jaguar Nickel (JNI-T) has started up a pilot plant designed to test the viability of its proprietary atmospheric chloride-leach process on ore samples from the Sechol nickel-cobalt laterite pro…
Northern Miner Indices (December 08, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T17.1%CamecoCCO-T3.3%FalconbridgeFL-T5.0%Freeport McM BFCX-N8.2%GoldcorpG-T4.3%IncoN-T8.7%Kinross GoldK-T4.3%Newmont MiningNEM…
Daily Metal Prices (December 08, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 2Dec. 1Nov. 28Nov. 27Nov. 26Al Alloy1425/1445…
Gold index reaches new high
In late November, the Toronto Stock Exchange’s gold share index hit its highest level since the overhauled barometer was launched, driven by a gold price rose above US$400 for only the second time sin…
Madsen program shapes up for Claude, Placer
Red Lake, Ont. — The Red Lake gold camp of northwestern Ontario had, over the years, come to look fairly simple: two big mines, one very big orebody, and very little going on outside the fences at Ca…
Gold breaks barrier as silver, nickel soar
A strong rally sent gold US$9.55 higher over the five trading days to a London morning fix of US$401.05 per oz. on Dec. 2. It’s the first time the yellow metal has surpassed the psychological barrier …