Spot Prices Tuesday, Oct. 28, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$386.55+11.75Silver$5.15+0.15Platinum$747.00+9.00…
News
Daily Metal Prices (November 03, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 27Oct. 24Oct. 23Oct. 22Oct. 21Al Alloy1390/140…
People (November 03, 2003)
Tan Range — Rosalind Morrow and Ulrich Rath appointed directors.Titanium Metals — Gary Hutchison appointed director.Glencairn — Robert Byrd appointed head of Nicaraguan operations.
Hatch engineer wins Sherritt award
An engineer with Mississauga, Ont.-based Hatch has won the 2003 Sherritt Hydrometallurgy Award, presented by the Metallurgical Society of the Canadian Institute of Mining, Metallurgy and Petroleum.Kev…
DRD gains 20% of Porgera
South African-based Durban Roodepoort Deep (DROOY-Q) has agreed to acquire Australian-listed Oil Search’s 20% interest in the 760,000-oz.-per-year Porgera gold mine in Papua New Guinea, for US$73.8 mi…
Goldcorp cashes in on gold rally
Higher gold prices and a slew of encouraging earnings reports augured well for Canadian producers over the Oct. 21-28 report period. The Toronto Stock Exchange’s gold sub-group climbed 10.71 points to…
LME Warehouse Levels (November 03, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 27 (change from Oct. 20 in brackets):MetalStock(tonnes)ChangeAluminium1371775(+3…
Northern Miner Indices (November 03, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T17.1%CamecoCCO-T3.3%FalconbridgeFL-T5.0%Freeport McM BFCX-N8.2%GoldcorpG-T4.3%IncoN-T8.7%Kinross GoldK-T4.3%Newmont MiningNEM…
Committee Bay seals deal with Gold Fields
Vancouver — With the results from a 1,477-metre drill program in hand, Gold Fields (GFI-N) has elected to proceed with a joint venture agreement at Committee Bay Resources’ (CBR-V) flagship gold prop…
Producer and Dealer Prices (November 03, 2003)
Antimony: Mid-mkt US$2,100/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$10.00-11.10/lb.Copper: Comex Dec. US$0.904/lb.Indium: Indium Corp., ingot, US$180/k…
Anglo, Philex hit second porphyry
Vancouver — Perseverance and a good-sized exploration budget have enabled partners Anglo American (AAUK-Q) and Philex Gold (PGI-V) to find a second mineralized copper-gold porphyry body near the high…
New kimberlite discoveries in Quebec
Ashton Mining of Canada (ACA-T) and Soquem have discovered two new small kimberlites while wrapping up a fall drilling program on their Foxtrot property in the Otish Mountains region of northern Quebe…