Bondi results warrant follow-up
Orezone Resources (ORZ-T) says results from reverse-circulation drilling on the Bondi gold property in Burkina Faso have exceeded expectations.The 2,250-metre, 31-hole program targeted a portion of a …
News
Spot Prices Wednesday June 4, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$365.30+0.75Silver$4.52-0.07Platinum$669.00-2.00P…
LME Warehouse Levels (June 09, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 3 (change from May 27 in brackets):MetalStock(tonnes)ChangeAluminium1133350(-792…
Daily Metal Prices (June 09, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 3June 2May 30May 29May 28Al Alloy1350/1355…
Producer and Dealer Prices (June 09, 2003)
Antimony: Mid-mkt US$2,570/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$9.70-10.25/lb.Copper: Comex July US$0.784/lb.Indium: Indium Corp., ingot, US$140/kg.Iridiu…
The Northern Miner Indices (June 09, 2003)
North American Mining: 70.75 (+3.75)Small Producers: 64.71 (-5.60)(Sept. 30/98 = 100)…
Simmons to manage PDAC’s E3 program
The Prospectors & Developers Association of Canada (PDAC) has appointed Barry Simmons as project manager of E3 (Environmental Excellence in Exploration), an online guide to environmental practice in m…
Metallic Ventures advances Nevada projects
Reno-based Metallic Ventures (MVG-T) has had a busy spring furiously drilling two promising deposits on its Goldfield property in southwestern Nevada.The 24-sq.-mile Goldfield property, situated 270 m…
Royal Gold enjoys record quarter
Vancouver — The rising bullion price has prompted the largest U.S.-based precious metals royalty company to top up its till and look for acquisitions.Royal Gold (RGL-T) earned US$2.5 million (or US12…
Arch to buy Triton Coal for US$364 million
Arch Coal (AC-N), the second-largest coal producer in the U.S., has signed an agreement to buy Vulcan Coal Holdings, which owns all of the equity of Triton Coal Company, for $364 million in cash.Trito…
Base metals surge as golds fizzle
The Toronto Stock Exchange’s composite index continued its upward climb over the May 28-June 3 report period, ending 95.04 points higher at 6,931.25.The gold index fared poorly despite a surge in pric…
Stillwater rights offering falls through
Vancouver — A private equity fund has withdrawn its US$100-million rights offering for shares in Stillwater Mining (SWC-N), putting the fate of the Montana-based company firmly in the hands of Russia…