Vancouver — South Africa’s biggest gold producer felt the impact of a falling U.S. dollar in the first quarter.AngloGold (AU-N) saw net profit slump to US$66 million in the three months ended March 3…
Vancouver — Atna Resources (ATN-T) and a well-known private investor have signed a letter-in-principal paving the way for Atna to acquire $3.4 million in assets.Under the deal, Atna will issue to J. …
One of the most valuable assets in the Nevada gold belt — Franco-Nevada Mining’s royalty interests in the burgeoning Goldstrike mine — is for sale.Situated in the Carlin gold trend, near Elko, and a…
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$8.75-9.60/lb.Copper: Comex July US$0.724/lb.Indium: Indium Corp., ingot, US$140/kg.Iridium…
Precious MetalsPrice (US$/oz.)ChangeGold$343.00+7.00Silver$4.76+0.15Platinum$628.00+22.00…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 6 (change from April 29 in brackets):MetalStock(tonnes)ChangeAluminium1196825(+58…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 6May 5May 2May 1April 30US$ in C$1.40821.41321.42231.4188…
Whereas most gold companies saw their bottom lines strengthened during the first quarter, Barrick Gold (ABX-T) suffered shrinking profits and revenue as production fell and costs rose at many of its b…
The decline of the United States dollar on international currency markets is, like the dot-com meltdown, one of those things everyone will say he saw coming a long time ago.It’s no great distinction t…
Placer Dome wants to divest itself of its interest in Falconbridge.Placer has a 14% share interest in the nickel producer, representing about 15.6 million shares. Placer’s Falconbridge shares are held…
Nevada mines produced 7.7 million oz. gold in 2002, down about 5% from 2001, according to company reports compiled by the Nevada Division of Minerals.Nevada remains the top gold-producing state, while…
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