Fire shuts down Morenci
A fire at one of four solvent-extraction plants at Phelps Dodge’s Morenci copper mine in Arizona curtailed production for four days during the report period ended Oct. 21. The fire severely damaged fo…
2003
Goulagou yields gold for St. Jude
Vancouver — St. Jude Resources (SJD-V) has tabled additional encouraging drill results from its Goulagou gold project in Burkina Faso.The company is drilling the GG1, GG2 and Yabonsgo gold prospects,…
Northern Miner Indices (October 27, 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…
Editorial Cartoon (October 27, 2003)
APGO boosts membership
The Association of Professional Geoscientists of Ontario has expanded its membership to beyond 1,000.While the majority of the APGO’s membership resides in Ontario, 44 of Canadian-based members live o…
Stillwater nominated for award
Stillwater Mining’s efficient management of water has been nominated for an award by Montana’s Bureau of Land Management.At its Stillwater and East Boulder mines, the company has minimized water pollu…
Daily Metal Prices (October 27, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 20Oct. 17Oct. 16Oct. 15Oct. 14Al Alloy1430/143…
Encouraging signs for zinc and lead
ZincAfter two years of depressed zinc prices in a narrow range, the price peak of US$877 per tonne in August shows an encouraging ability by this market to finally move. Stronger prices are fundamenta…
Spot Prices Tuesday, Oct. 21, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$374.80+1.15Silver$5.00+0.06Platinum$738.00+8.00P…
Knight, Anglo report high grades in Ungava
The Raglan area in the Ungava Peninsula region of northern Quebec is emerging as a highly prospective nickel camp in light of discoveries by Canadian Royalties (CZZ-V) and, more recently, Anglo Americ…
Wanted: flow-through extension
Securities reform and the federal “super” flow-through share program were at the top of the agenda of the Prospectors & Developers Association of Canada, when it submitted its brief at the recent mine…
Trading Summary (October 24, 2003)
The Toronto Stock Exchange’s gold stocks rebounded to the tune of 4.01 points, or 2%, on Friday to end at 206.64, a…