LME Warehouse Levels (November 18, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 12 (change from Nov. 5 in brackets):MetalStock (tonnes)ChangeAluminium1285950(-1…
News
Patricia tables new resource at Island Gold
A revised resource estimate at the Island Gold property in the Goudreau-Lochalsh area, northeast of Wawa, Ont., indicates a large, low-grade gold deposit.Patricia Mining (PAT-V), which is operating th…
Renard 7, 8 prove diamondiferous
The two most recent Renard kimberlite finds in the Otish Mountains region of north-central Quebec are diamond-bearing.Joint-venture partners Ashton Mining of Canada (ACA-T) and Soquem have confirmed t…
Spot Prices Wed. November 13, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$323.20+$5.70Silver$ 4.57+$0.07Platinum$591.50+$…
Northern Miner Indices (November 18, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T21.9%FalconbridgeFL-T4.2%Freeport BFCX.B-N5.0%GoldcorpG-T5.2%IncoN-T7.7%Meridian GoldMNG-T4.7%Newmont MiningNEM-N24.8%Noranda…
Producer and Dealer Prices (November 18, 2002)
Antimony: Mid-mkt US$2,850/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.38/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.20-7.00/lb.Copper: Comex Dec US$0.721/lb.Indium: Indiu…
Seahorse douses GGL’s hopes
The discovery of multiple kimberlites by GGL Diamond (GGL-V) on its Seahorse property in the Lac de Gras area of the Northwest Territories has proved barren of diamonds.A cluster of three irregular in…
Fording adds cash to fight hostile Sherritt bid
Bolstering its defence against a $1.6-billion takeover bid by the Sherritt Coal Partnership II, Fording (FDG-T) has announced plans to offer shareholders a $3-per-share cash bonus as part of its propo…
Grasberg delivers the goods in third quarter
Freeport-McMoRan Copper & Gold (FCX-N) is bouncing back from a disappointing first half, thanks to strong operating performance at the massive Grasberg copper-gold mine in Indonesia.The improvement re…
Canadian Royalties tags hot holes at Expo-Ungava
Vancouver — Drill results reported by Canadian Royalties (CZZ-V) continue to indicate the economic potential of the Expo-Ungava nickel-copper-platinum-palladium project in northern Quebec.”We’re exci…
Kennecott ups diamond search at Rockinghorse
While Tahera (TAH-T) awaits details of next year’s budget for the Rockinghorse project in the Coronation Gulf diamond district of Nunavut, its joint-venture partner, Kennecott Canada Exploration, is c…
Diavik helps skills program
Diavik Diamond Mines has donated $10,000 to the Northwest Territories and Nunavut chapter of Skills Canada in an effort to help fund programs providing courses in trades and technology.Skills Canada r…