News

Producer and Dealer Prices (March 31, 2003)

Antimony: Mid-mkt US$2,500/t.Bismuth: Mid-mkt US$2.80/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$9.20-10.30/lb.Copper: Comex May US$0.771/lb.Indium: Indium Corp., ingot, US$110/kg.Iridium…


Semafo fills in Wona (March 31, 2003)

Ongoing reverse-circulation drilling by Semafo (SMF-T) has confirmed the continuity of mineralization over the 800-metre northern portion of the Wona oxide gold deposit in Burkina Faso.The drilling al…



Diamond definition won’t change: Bureau

A proposed change to the trade definition of Canadian diamonds, aimed at fostering a fledgling diamond cutting and polishing industry in the Northwest Territories, is dead in the water.The document, c…


First Quantum raises funds (March 31, 2003)

First Quantum Minerals (FM-T) has inked a financing deal with a private equity fund to raise up to US$35 million.Subject to the usual conditions, AIG African Infrastructure Fund will purchase 4 millio…



Meridian hammered by local Esquel vote

Locals living near Meridian Gold’s (MNG-T) Esquel gold project in southern Argentina have voted overwhelmingly against its development.The Esquel project is 10 km northeast of the city of the same nam…


PGM Ltd. keeps faith at Towle Lake

Vancouver — Drill results from Platinum Group Metals’ (PTM-T) Lac des les project, near Thunder Bay, Ont., confirm the presence of platinum group metal mineralization in the Towle Lake intrusion.At …


Gold demand down in Middle East

Physical demand for gold across the Middle East has been hampered by the high gold price, economic difficulties and war. Meanwhile, scrap gold continues to be generated on a major scale, particularly …




Penasquito resource updated

Vancouver — Western Silver Corp. (WTC-T), formerly known as Western Copper Holdings, has announced a revised resource estimate for the Chile Colorado zone Mexico’s Zacatecas state. The zone is part o…


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