Base Metals: Building the up-trend
The following is an overview of base metals markets. Detailed reports on the base, as well as precious, metals will appear in subsequent issues.After two years of negative Western World industrial pro…
News
JQA prospect shapes up for Canarc (September 29, 2003)
An 8-hole drilling program by Canarc Resource (CCM-T) at its Benzdorp property in east-central Suriname has defined a porphyry-style mineralized zone at the JQA gold prospect.JQA, one of a group of ge…
Producer and Dealer Prices (September 29, 2003)
Antimony: Mid-mkt US$2,250/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$9.80-12.00/lb.Copper: Comex Dec. US$0.8295/lb.Indium: Indium Corp., ingot, US$180/k…
Spot Prices Wednesday, Sept. 24, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$385.25+12.35Silver$5.23+0.06Platinum$705.00+9.00…
Canadian Stock Exchange Indices (September 29, 2003)
DateSept. 23Sept. 22 Sept. 19Sept. 18 Sept. 17HighLowTSX Composite7644.047566.517602.2176…
Newmont outlines 5-yr plan
The Denver Gold Forum, held Sept. 22-24, provided a platform for 60 of the world’s biggest precious metals miners to strut their stuff in front of investors. This year, almost all the audio portion of…
Wheaton River cashes-up
Looking to continue its recent shopping spree, Wheaton River Minerals (WRM-T) has arranged its second $100-million equity financing in a month by lining up a group of underwriters led by Griffiths McB…
Ivanhoe hits high grade at depth
Vancouver — The latest drill results from the Turquoise Hill copper-gold project have enhanced the prospects of mining the massive orebody that lies deep underneath the South Gobi Desert in Mongolia….
Time to put pressure on Cuba To lift the smokescreen
A dozen years since the Iron Curtain parted, the divide between the civilized world and Cuba — let’s call it the Smokescreen — remains in place. But we know that what lies behind it is an affront to…
Northern Miner Indices (September 29, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrick GoldABX-T19.4%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport McM BFCX-N7.1%GoldcorpG-T4.4%IncoN-T7.8%Kinross GoldK-T4.3%Newmont Minin…
Canadian Zinc puts Prairie Creek on fast track (September 29, 2003)
Vancouver — Authorities have given Canadian Zinc (CZN-T) the approval to proceed with underground development and construction of a metallurgical pilot plant at the Prairie Creek base metal project i…
Diavik powers Aber’s earnings
As the newly constructed Diavik diamond mine continues to ramp-up, Aber Diamond (ABZ-T) sold US$19.2 million worth of rough gems over the 6-month period ended July 31, 2003, resulting in net earnings …