2003

Producer and Dealer Prices (December 29, 2003)

Antimony: Mid-mkt US$2,100/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.62/lb.Cobalt: Recent trades US$17.50-20.50/lb.Copper: Comex Mar. US$1.0065/lb.Indium: Indium Corp., ingot, US$320/kg.Irid…


Junior exchange breaks downward spiral

Vancouver — Canada’s junior exchange managed to chase away the Grinch over the week ended Dec. 22 as investors showed a renewed interest in speculative issues. The S&P-TSX Venture Exchange composite …


Rubicon expands Jaclyn’s dimensions

Midway through a drilling program at the Golden Promise project in central Newfoundland, Rubicon Minerals (RMX-T) has determined that the deposit’s Jaclyn vein zone is bigger than expected.Rubicon opt…



Miners hit new highs

With base metal prices rising across the board in response to a weakening U.S. dollar, U.S.-listed base metal majors basked in new multi-year highs during the 4-day period ended Dec. 22.Alcoa led the …


Sabotage

The following is an excerpt from Glitter & Greed: The Secret World of the Diamond Cartel. The author, a journalist and human rights activist, has written about De Beers Consolidated Mines for roughly …


LME Warehouse Levels (December 29, 2003)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 19 (change from Dec. 16 in brackets):MetalStock(tonnes)ChangeAluminium1420225(+2…


IMA Exploration geologist Sergio Kain with core from the Navidad property in Argentina's Patagonia region.

Navidad shows bulk-tonnage potential

Although the initial results from the first-ever drilling on the Navidad silver grassroots discovery were not as spectacular as the market was anticipating, the grades would nonetheless seem to indica…




Anooraq drills Drenthe

Infill drilling by Anooraq Resources (ARQ-V) has reduced, by half, the drill-hole spacing on the central portion of the Drenthe farm, in South Africa’s Bushveld igneous complex.Highlights from the pro…


Ghana gives nod to Newmont’s Ahafo

The Parliament of Ghana has unanimously approved a foreign investment agreement with Newmont Mining (NEM-N), paving the way for construction of the Ahafo gold project in the Brong Ahafo region.The agr…


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