Miramar gains time for northern projects
A newly amended option agreement gives Miramar Mining (MAE-T) more time to explore the George and Goose Lake gold projects in Nunavut.Last fall, Miramar signed a letter agreement with Kinross Gold (K-…
News
South Atlantic buys Zinkgruvan mine
Vancouver — South Atlantic Ventures (SAA-V) has inked a deal with Rio Tinto (RTP-N) to buy the Zinkgruvan mine in southern Sweden.One of the largest underground mines in Europe, Zinkgruvan has been p…
Gold heads for fresh peak in first half
The rally in gold has become increasingly fuelled by the depreciating U.S. dollar, or, more accurately, is following the trend in the euro. However, it is important to note that this relationship is m…
Suppliers Roundup (March 15, 2004)
GLR picks Gekko at GoldfieldsGLR Resources has ordered a 2,000-ton-per-day Gekko Systems modular gravity concentrator for its Goldfields gold project, 15 km south of Uranium City in northern Saskatche…
Editorial Cartoon (March 15, 2004)
Claude buoyed by gold and gas (March 15, 2004)
Stronger gold and natural gas prices helped Saskatoon-based Claude Resources (CRJ-T) cruise to a profit in 2003.For the year, Claude earned $1.9 million (4 per share) on gold revenue of $25.8 million…
Anvil keeps its promise in DRC
Kilwa, Democratic Republic of Congo — Green countryside, neatly thatched African huts, and the tranquil vastness of Lake Mweru converge in this sleepy town in the southwestern DRC. As our charter fli…
Consolidation in Australia
The Australian resources sector has undergone tremendous change over the past three or four years, and global consolidation has focused heavily on Australian names.The frenetic activity was due to sev…
Washington deal extended
The period ended March 9 was punctuated by the European central banks’ renewal of the Washington agreement on gold sales, which had been due to expire later this year.Twelve European central banks hav…
Canadian Stock Exchange Indices (March 15, 2004)
DateMarch 9March 8March 5March 4March 3HighLowTSX Composite8750.318801.218845.048773.27…
LME Warehouse Levels (March 15, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 9 (change from March 2 in brackets):MetalStock(tonnes)ChangeAluminium1366225(-2…
Producer and Dealer Prices (March 15, 2004)
Antimony: Mid-mkt US$2,840/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$27-28/lb.Copper: Comex Mar. US$1.272/lb.Indium: Indium Corp., ingot, US$485/kg.Iridium: Mi…