Producer and Dealer Prices (November 10, 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$10.90-13.00/lb.Copper: Comex Dec. US$0.9575/lb.Indium: Indium Corp., ingot, US$225/kg.Irid…
News
Pan Am Silver sells stake in Tres Cruces
Vancouver — Pan American Silver (PAA-T) has accelerated a deal to sell its half-stake in the Tres Cruces gold project in Peru.New Oroperu Resources (ORO-V) is acquiring the interest, which will give …
Odyssey cuts mores oxides at Altintepe (November 10, 2003)
Drilling at the Altintepe property in north-central Turkey has resulted in the discovery of a gold-bearing oxide prospect for Odyssey Resources (ODX-V).Hole ATD-10, collared on Karakis Ridge, averaged…
Loss sends Agnico-Eagle shares into tailspin (November 10, 2003)
Shares in Agnico-Eagle Mines (AGE-T) lost about a fifth of their value after the mid-tier producer posted a third-quarter loss on the poor performance of its LaRonde gold-copper mine in Quebec.The com…
Wheaton concludes Los Filos acquisition
Wheaton River Minerals (WRM-T) has taken full control of the Los Filos gold project in Mexico’s Guerrero state, putting it on-track to increase annual gold-equivalent production by 40%.In late October…
Barrick rumbles as gold tumbles
Gold took a pounding over the Oct. 29-Nov. 4 report period, withering US$8.25 in overseas trading to settle at London morning fix of US$378.30 per oz. Silver also got smacked, losing US22 to finish a…
Boston deep drilling cuts gold
A deep drilling campaign at the Boston gold deposit of Miramar Mining (MAE-T) has shown that gold mineralization may persist to a depth of almost 1,400 metres.Two drill holes completed in late summer …
PNWC finds more PGMs at Varley zone
Vancouver — Pacific North West Capital (PFN-T) has intersected a significant zone of mineralization at its River Valley property, near Sudbury, Ont.The mineralization is centred on the Varley zone, 3…
SpectrumGold looks to Galore Creek
Vancouver — The first four holes of a recently completed 3,000-metre drill program on the historic Galore Creek copper gold property in northwestern British Columbia have given a boost to newly minte…
Record iron output
Global production of iron in 2002 exceeded 1 billion tonnes, a record high, as output of crude steel surpassed 900 million tonnes, according to a report by London-based Roskill Information Services.Th…
McWatters sells Kiena gold operation
Looking for cash to help in its bid to revitalize the struggling Sigma-Lamaque open-pit gold mine, McWatters Mining (MWA-T) has agreed to sell its nearby Kiena mine complex on Parker Island, west of V…
Partners advance Taparko gold project
A feasibility study considering the combination of the Taparko and Bouroum gold deposits in Burkina Faso, West Africa, envisages total average production of 91,000 oz. per year over 7.5 years.Taparko …