Eldorado revises production estimates at Sao Bento
Vancouver — The strengthening Brazilian currency combined with Eldorado Gold’s (ELD-T) capital expansion plan has…
Articles by Northern Miner Staff
Anaconda eyes Pine Cove (May 19, 2003)
Anaconda Gold (ANX-V) has inked a deal to acquire up to a 60% stake in New Island Resources’ (NIS-V) Pine Cove gold project, near Baie Verte, Nfld.New Island Resources is based in St. John’s, Nfld.Tor…
High River in black for 2002 (May 19, 2003)
High River Gold (HRG-T) has finished 2002 with earnings of $1.7 million, an improvement over 2001 when asset writedowns left it with a loss for the year.Earnings for 2002 amounted to 2 per share but …
Apex revises San Cristobal
Prompted by new regulatory guidelines, Apex Silver Mines (SIL-X) has updated its reserve estimate for the advanced San Cristobal silver-zinc project in southwestern Bolivia.Proven and probable reserve…
Exchange Rates (May 19, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 13May 12May 9May 8May 7US$ in C$1.38981.38871.39271.3952…
Golds slump in quiet market
The Toronto market plunged early in the five trading days May 7-13 but rallied to finish the period fractionally higher. The TSX composite index closed May 13 at 6,702.91, up 9.2 points over the previ…
Drilling confirms copper-gold at Afton (May 19, 2003)
Vancouver — DRC Resources (DRC-T) has tabled results from two infill holes drilled at its Afton copper project, near Kamloops, B.C.The two holes were collared near previous hole 2K01-49 and are part …
Spot Prices Wednesday May 14, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$348.90+5.90Silver$4.82+0.06Platinum$662.00+34.00…
Daily Metal Prices (May 19, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 13May 12May 9May 8May 7Al Alloy1405/1395…
Producer and Dealer Prices (May 19, 2003)
Antimony: Mid-mkt US$2,540/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$9.40-10.25/lb.Copper: Comex July US$0.7645/lb.Indium: Indium Corp., ingot, US$140/kg.Iridi…
The Northern Miner Indices (May 19, 2003)
North American Mining: 66.70 (-0.10)Small Producers: 64.03 (+0.76)(Sept. 30/98 = 100)…
Canadian Stock Exchange Indices (May 19, 2003)
DateMay 13May 12May 9May 8May 7HighLowTSX Composite6702.916717.506650.036620.776…