Orvana in the black
Orvana Minerals (ORV-T) made a modest profit during the latest quarter of production at the Don Mario gold mine in eastern Bolivia.The mine entered production at the rate of 700 tonnes per day in July…
News
Gulf board pays fee to ousted president (March 01, 2004)
The board of Gulf International Minerals (GIM-T) plans to appoint a committee of independent directors to investigate a controversy involving its former president, Alastair Ralston-Saul.The company’s …
Hiccup at Bema’s Julietta mine
A warehouse fire has forced Bema Gold (BGO-T) to scale back mining and milling at the Julietta gold mine in Russia’s Far East.No one was hurt in the fire, which destroyed most of the operation’s spare…
De Beers, GGL confirm diamond-bearing nature of Doyle Sill
It took eight years, but De Beers Canada Exploration and GGL Diamond (GGL-V) finally returned to the Doyle Lake sill in 2003 after a federally appointed tribunal upheld an earlier 1996 decision awardi…
Spot Prices Tuesday, Feb. 24, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$401.45-12.45Silver$6.54 -0.10Platinum$858.00+1.00…
Producer and Dealer Prices (March 01, 2004)
Antimony: Mid-mkt US$2,700/t.Bismuth: Mid-mkt US$3.10/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$24-28/lb.Copper: Comex Mar. US$1.326/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: Mi…
Exchange Rates (March 01, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 24Feb. 23Feb. 20Feb. 19Feb. 18US$ in C$1.32801.33571.34401.3…
Canadian Stock Exchange Indices (March 01, 2004)
DateFeb. 24Feb. 23Feb. 20Feb. 19Feb. 18HighLowTSX Composite8604.99…
Japan’s Jipangu drops Cambior stake
Cambior’s (CBJ-T) major shareholder, Japanese-based Jipangu, has cut its ties with the Quebec gold miner by selling 10.4 million shares.The private gold investment fund has also monetized its remainin…
Asia Pacific seeks Udon North resolution (March 01, 2004)
Asia Pacific Resources (APQ-T) and the Thai Department of Primary Industry and Mines (DPM) will look for an independent party to decide the fate of the Toronto-based junior’s special prospecting licen…
Pimenton drilling under way
Drilling is under way at the Pimenton gold project northeast of Santiago, Chile, as part of an exploration and development program being mounted by South American Gold and Copper (SAG-T).The Pimenton …
US Supreme Court sides with coal miners
The U.S. Supreme Court recently refused to consider if the U.S. government improperly loosened rules for underground coal mining operations. Environmental groups had argued that 3,500 acres of nationa…