News

Carlin workers to vote on new deal

A ratification vote is set for early February on a contract between Operating Engineers Union Local 3 and Denver-based Newmont Mining.The balloting will be held at the Elko Convention Center in Nevada…


Alcoa sells off can business

Alcoa has packaged part of its packaging equipment business and sold it to American Industrial Partners (AIP) for roughly US$45 million.The sale is part of the aluminum titan’s strategy of focusing on…


Producer and Dealer Prices (February 02, 2004)

Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.62/lb.Cobalt: Recent trades US$23-29/lb.Copper: Comex Mar. US$1.114/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: Mi…


Anglo eyes Cardero ground in Mexico

Vancouver — Cardero Resources (CDU-V) and its joint-venture partner, Anglo American (AAUK-Q), have identified several anomalies following an airborne geophysical survey over their 50,000-sq.-km Alisi…


Anooraq lines up PGM partner in South Africa

Anooraq Resources (ARQ-V) intends to merge its platinum group metal projects in South Africa with those of black empowerment company Pelawan Investments.In return for 91.2 million shares plus $1.7 mil…


Daily Metal Prices (February 02, 2004)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 27Jan. 26Jan. 23Jan. 22Jan. 21Al Alloy1497/152…



Desert Sun confirms zone in Brazil

The first hole of an underground drill program has confirmed the existence of a new zone at the past-producing Jacobina mine in the Bahia gold belt.Desert Sun Mining (DSM-T) is in the midst of a 41,50…


Casa Berardi extensions take shape under Aurizon

Aurizon Mines (ARZ-T) has wrapped up a drill program of widely spaced holes on the extension of zone 113 and zones 118-120 at the Casa Berardi gold project, 100 km north of Rouyn-Noranda, Que.Results …


Celtic explores Malaumanda project

Drill crews are testing along strike and downdip of a recently discovered zone of mineralization on Celtic Minerals’ (CME-V) Lodon Tops prospect, part of the Malaumanda project in Papua New Guinea.The…


IMC, Cargill create titan

The largest deal over the report period ending Jan. 27 was the announcement of a merger between Illinois-based fertilizer giant IMC Global and the fertilizer division of the secretive agri-business co…


Junior exchange takes breather

Vancouver — Canada’s junior exchange tacked on a few points during the report period ended Jan. 27. The S&P-TSX Venture Exchange composite index closed at 1799.72, up 4.46 points, or 0.25%.EuroZinc M…


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