Barclays, CIBC to arrange Ona-Puma financing
Vancouver — Canico Resource (CNI-T) has appointed Barclays Capital and CIBC to arrange financing for its Ona-Puma nickel laterite project in Brazil’s Para state.Barclays and CIBC will set about secu…
News
Producer and Dealer Prices (December 01, 2003)
Antimony: Mid-mkt US$2,000/t.Bismuth: Mid-mkt US$2.75/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$14.00-16.30/lb.Copper: Comex Dec. US$0.8945/lb.Indium: Indium Corp., ingot, US$265/…
Platinum on upswing
The price of platinum could reach new 23-year highs in the next six months as the deficit between supply and demand persists and if investment funds continue to maintain long positions, says Johnson M…
Jilbey cuts gold at Taranga (December 01, 2003)
Initial results from drilling at the 240-sq.-km Taranga exploration permit in Burkina Faso, West Africa, have failed to match higher gold grades obtained in earlier sampling by Jilbey Gold Exploration…
Metallic drills gold
Ongoing underground infill drilling by Metallic Ventures Gold (MVG-T) continues to intersect high-grade gold values on the prospectus vein system on the Esmeralda property, 100 miles southeast of Reno…
Daily Metal Prices (December 01, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 25Nov. 24Nov. 21Nov. 20Nov. 19Al Alloy1390/141…
Junior exchange loses ground as bullion slips
Vancouver — Canada’s junior exchange ended the trading week in the red as a lower bullion price took its toll on speculative gold issues. The S&P-TSX Venture Exchange composite index lost 3.25 points…
Appalaches trenches Turcotte
Trenching by Appalaches Resources (APP-V) on the Mont-de-l’Aigle property, in Quebec’s Gasp Peninsula, has exposed the recently discovered Turcotte showing for more than 100 metres while doubling the…
Suits could cripple Indonesia (December 01, 2003)
Potential lawsuits by 22 mining companies, including Freeport-McMoRan Copper & Gold and Inco, against the Indonesian government could reach a staggering US$31.5 billion, according to a government spok…
AngloGold sells Coyote to Tanami
Vancouver — Perth-based Tanami Gold has picked up the prospective Coyote deposit, 150 km north of Callie in Western Australia.Coyote is part of the Western Tanami project, which had been held by Angl…
Cambior raises $41m
Shares in Montreal-based Cambior (CBJ-T) shot up 22, or more than 5%, to 4.40 in early trading in Toronto on Nov. 25 after the intermediate gold producer announced that it had raised $40.9 million.Th…
Stealth Minerals moves forward at Toodoggone
Vancouver — Stealth Minerals (SML-V) has been busy exploring its land position in the Toodoggone region of North C…