News

News August 16, 2004

People (August 16, 2004)

Canadian Shield — Eduardo Baer appointed chairman and CEO.

News August 16, 2004

Spot Prices Tuesday, August 10, 2004 Courtesy of Scotiabank

Precious MetalsPrice (US$/oz.)Change…

News August 16, 2004

Minco drills Changkeng

Vancouver — Drilling by Minco Mining & Metals (MMM-T) at its Changkeng gold joint venture in southeastern China has confirmed the presence of precious metals.

News August 16, 2004

LME Warehouse Levels (August 16, 2004)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 9 (change from Aug. 3 in brackets):…

News August 16, 2004

Exchange Rates (August 16, 2004)

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…

News August 16, 2004

Producer and Dealer Prices (August 16, 2004)

Antimony: Mid-mkt US$2,565/t.

News August 16, 2004

Greenshield cuts gold near Timmins

Greenshield Resources (GRE-V) has intersected significant gold at the “A” zone in Newton Twp., 100 km southwest of Timmins, Ont.

News August 16, 2004

Seabridge gains with Fat

Seabridge Gold (SEA-V) has improved the gold resource at its Fat deposit, on the Courageous Lake property, 240 km northeast of Yellowknife, N.W.T.

News August 16, 2004

Nuinsco sizes up Mel (August 16, 2004)

Drilling by Nuinsco Resources (NWI-T) has boosted the resource estimate at the Mel nickel deposit, 25 km north of Thompson, Man.

News August 16, 2004

Privately owned SUAL Group, one of the world’s 10 largest aluminum producers, will expand bauxite production in northern Russia with the aid of US$150 million in loans from International Finance Corp. (IFC), the private-sector arm of the World Ban…

News August 16, 2004

WGI eyes Sierra Rutile

Vancouver — WGI Heavy Minerals (WG-T) intends to acquire the world’s largest and highest-grade rutile deposit — the Sierra Rutile mine in Sierra Leone.

News August 16, 2004