News


Now for a cultural change

It was fully a year ago that we were writing about the New York Attorney General’s investigation into investment research at several major U.S. brokerage houses. New York State prosecutors had gone th…


Gold Fields extends AIDS program

Johannesburg-based Gold Fields is extending its medical program to include highly active antiretroviral therapy (HAART) as a treatment option for employees with acquired immune deficiency syndrome (AI…


Hushovd strengthens grip on Gabriel

In the wake of a tumultuous past few months for Gabriel Resources (GBU-T), characterized by a plummeting share price, management turnover, and a surprising rise in projected costs for its Rosia Montan…


Stillwater awaits OK for Norilsk deal

Vancouver — Timing is crucial in the ever-volatile metals market, and this lesson is not lost on Stillwater Mining (SWC-N).Less than two years ago, when the price of palladium was soaring, the compan…


Crown pulls high grades at Buckhorn (May 05, 2003)

Assays on core samples from the Buckhorn Mountain property in north-central Washington, held by Crown Resources (CRCE-O), indicate high gold grades over significant widths.Crown drilled 41 holes betwe…


Inmet takes over Teck’s Cerattepe project

A deal between the Turkish subsidiaries of two Canadian mining companies will give Inmet Mining (IMN-T) control of the Cerattepe copper and gold deposit, near Artvin in northeastern Turkey.Under the d…


SA Chamber criticizes bill

The possible effects of the proposed Royalty Bill released by South Africa’s National Treasury will not be good for the economy or the mining industry. In the coming weeks the chamber will submit to t…


Crew adds olivine to portfolio

Vancouver — Just as it is preparing to build the Nalunaq gold mine in southern Greenland, Crew Development (CRU-T) has acquired a deposit of olivine in the same region.The deposit, known as Seqi, con…


Daily Metal Prices (May 05, 2003)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 29April 28April 25April 24April 23Al Alloy137…



Miners in retreat

Despite a stronger performance by base metals, the share prices of the base metal giants took a pounding during the April 23-29 report period.Investors are concerned about base metals’ exposure to any…


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