LME Warehouse Levels (August 18, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 12 (change from Aug. 5 in brackets):MetalStock(tonnes)ChangeAluminium1319175(+12…
News
Canico expands Ona-Puma project
Canico Resource (CNI-T) has dramatically boosted the inferred resource estimate for its Ona and Puma nickel laterite deposits in Brazil’s Para state.Based on a cutoff grade of 1.5% nickel over a mini…
Lupin down for the count
A particularly bad quarter for Kinross Gold’s Lupin gold mine in remote western Nunavut, 400 km northeast of Yellowknife, is pushing the mine closer to closure.The company acquired a 100% stake in Lup…
Rio Narcea gets green light for Aguablanca (August 18, 2003)
The Spanish government has granted a mineral licence to Rio Narcea Gold Mines (RNG-T) to exploit the Aguablanca nickel sulphide deposit, northwest of Seville.The decision follows Rio’s submission of a…
Agnico-Eagle buys Bousquet assets (August 18, 2003)
Agnico-Eagle Mines (AGE-T) is buying a 100% interest in Barrick Gold’s (ABX-T) Bousquet gold property, situated immediately west and south of the former’s LaRonde gold mine in northwestern Quebec.Incl…
Trading Summary (August 15, 2003)
Canada’s junior exchange ended the week modestly higher on very light volume.The S&P-TSX Venture Exchange composite…
SKN eyes more ground near Boka (August 15, 2003)
Vancouver SKN Resources (SRL-V) has added 24.6 km of ground to its already impressive land holdings around Southw…
Power outage puts Porcupine on hold
Vancouver A widespread power outage has forced partners Placer Dome (PDG-T) and Kinross Gold (K-T) to stop prod…
LionOre posts record profit (August 15, 2003)
Vancouver — The second quarter of 2003 proved to be a stellar one for LionOre Mining International (LIM-T). Th…
Kinross idles Lupin
Soaring costs have forced Kinross Gold (K-T) to suspend operations at its Lupin mine in Nunavut, 400 km northeast o…
Trading Summary (August 14, 2003)
Canada’s junior exchange ended the day higher with investors finding a renewed appetite for oil & gas related issue…
Trading Summary (August 13, 2003)
Toronto’s gold index managed to pick up just 0.23 of appoint to make 189.06 on Wednesday despite a US$3.30-per-oz.