BC Chamber hosts golf tournament
The British Columbia & Yukon Chamber of Mines will hold a golf tournament at the Mayfair Lakes Golf and Country Club in Richmond, B.C., on May 13.Players of various skill levels will participate in a …
News
People (May 12, 2003)
Compania Minera Antamina — Wendell Pauling appointed president and CEO.Diamonds North — Bruce Kienlen appointed to exploration team.DiamondWorks — Robert Rainey appointed CFO.
AngloGold hit by currency exposure (May 12, 2003)
Vancouver — South Africa’s biggest gold producer felt the impact of a falling U.S. dollar in the first quarter.AngloGold (AU-N) saw net profit slump to US$66 million in the three months ended March 3…
Atna eyes Sheridan assets (May 12, 2003)
Vancouver — Atna Resources (ATN-T) and a well-known private investor have signed a letter-in-principal paving the way for Atna to acquire $3.4 million in assets.Under the deal, Atna will issue to J. …
American Barrick boosts reserves
What a difference a year can make in the life of a mining company.This time last year, Toronto-based American Barrick Resources was sitting with reserves totalling 3.5 million oz. in seven Canadian an…
Phelps Dodge trims quarterly losses
Vancouver — A change in the accounting of retirement benefits helped the world’s second-largest copper producer reduce its losses in the first quarter.Phoenix-based Phelps Dodge (PD-N) lost US$15 mil…
Daily Metal Prices (May 12, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 6May 5May 2May 1April 30Al Alloy1405/1390…
Trading Summary (May 09, 2003)
The Toronto Stock Exchange regained 29.26 points to end the week at 6,650.03 on Friday. The diversified miners edge…
Fronteer-Red Lake cut low-grade
Vancouver A four hole drill program by partners Fronteer Development Group (FRG-V) and Red Lake Resources (RL-V)…
Cambior trims its loss, hedge book
A higher realized gold price helped Cambior (CBJ-T) to a lower first-quarter loss, as the Montreal-based gold miner…
Apex revises San Cristobal reserves
Prompted by new regulatory guidelines, Apex Silver Mines (SIL-X) has updated its reserve estimate for the advanced…
Trading Summary (May 08, 2003)
Trading SummaryToronto stocks ended 29.82 points lower on Thursday, despite a US$6.60 surge in rt hprice of gol…