The Northern Miner Indices (February 16, 2004)
North American Mining: 108.29 (+5.58)Small Producers: 124.91 (+7.20)…
2004
Exchange Rates (February 16, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 10Feb. 9Feb. 6Feb. 5Feb. 4US$ in C$1.32891.33041.32911.3319…
Gold takes centre stage at Roundup
Vancouver — A mining industry almost giddy with excitement was in evidence at the 21st annual Mineral Exploration Roundup, held recently at this city’s Westin Bayshore Resort and Marina.The theme of …
Continental heads to Tibet
Continental Minerals (KMK-V) intends to drill-test an early-stage copper-gold discovery at the Xietongmen project, 240 km southwest of Lhasa in Tibet. The Vancouver-based junior, part of the Hunter-Di…
Grayd explores La India (February 16, 2004)
A surface program by Grayd Resources (GYD-V) is assessing the mineral potential of a high-sulphidation epithermal gold property in Sonora state, Mexico.The property, known as La India, consists of thr…
Sampling and drilling
— This is the first of a series of excerpts from the ninth edition of Mining Explained, recently published by The Northern Miner. The book sells for $30, plus $3 for shipping, and is available by cal…
Everton, Globestar advance Bayaguana
Vancouver — Everton Resources (EVR-V) and partner Globestar Mining (GMI-V) have tabled new copper-in-soil results and completed a first phase of drilling at the Bayaguana group of properties in the D…
MK Gold explodes
Salt Lake City-based micro-cap explorer MK Gold has its moment in the sun during the period ended Feb. 10, topping the list of percentage gainers amongst all the U.S.-listed mining stocks. MK rocketed…
People (February 16, 2004)
Argosy — Peter Lloyd retired as president and CEO but remains non-executive chairman; Cecil Bond appointed interim CEO and will serve as CFO and CEO.Banro — Peter Cowley appointed director.Bullio…
Philippines to appeal court decision
The Philippine government will challenge a Supreme Court ruling that threatens millions of dollars in foreign investment in the mining industry.The Natural Resources Department, the presidential palac…
Spot Prices Tuesday, Feb. 10, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$408.35+6.60Silver$6.44 +0.26Platinum$838.00+14.00…
Mustang cuts more nickel at C zone
Vancouver — Mustang Minerals (MUM-V) continues to be encouraged by results obtained from the C zone of the Bannockburn nickel project, 100 km southeast of Timmins, Ont.Drilling has extended nickel mi…