News
Lending Rates (June 28, 2004)
as of 4 pm ET, June 22, 2004(%)…
Bonanza grades at Red Lake mine
Linear cuts high-grade
Vancouver — The first hole drilled on the Campamento zone at
Taparko-Bouroum feasibility positive
With a positive feasibility study for the Taparko and Bouroum gold deposits in eastern Burkina Faso in hand,
Anaconda strikes gold (June 28, 2004)
Miners support cyanide code
Six of the world’s largest gold producers, together with three manufacturers of sodium cyanide, have pledged their commitment to the International Cyanide Management Code (Code).
Time to clean house
Canada’s national election is in the offing, and if there is no blue wave on the pattern of 1984, there is at least a ripple or two. They’re washing over Liberal hands, which are busy grasping at straws.
Mining looks good worldwide
The net profits reported by the world’s 30 largest listed mining companies increased by 95%, to US$11.5 billion from US$5.8 billion, in 2003, according to a report by PricewaterhouseCoopers.
Peru amends royalty legislation
New royalty legislation will get the go ahead in Peru, but the percentage will be tied directly to commodity prices versus the original proposal, which called for royalties on company revenue.
Spot Prices Tuesday, June 15, 2004 Courtesy of Scotiabank (June 28, 2004)
Precious MetalsPrice (US$/oz.)Change…
LME Warehouse Levels (June 28, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 21 (change from June 14 in brackets):…