Lumina Copper lights up
Vancouver A few years back when the price of bullion was touching US$260 per oz, several junior explorers took th…
News
Gold Fields inks empowerment deal with Mvelaphanda
Gold Fields (GFI-N) has agreed to sell a 15% stake in its South African gold mining assets to Mvelaphanda Resources…
Southwestern drills continue to turn at Boka
Vancouver — Southwestern Resources (SWG-T) has four diamond drill rigs spinning at its Boka gold project in Yunnan…
Trading Summary (June 09, 2003)
The Toronto Stock Exchange was lower across the board on Monday, falling 74.46 points to finish at 6,972.42. The go…
M.I.M. shareholders give Xstrata the nod
Shareholders of Australian-based miner M.I.M. Holdings have approved a A$4.9 billion cash-and-debt takeover offer f…
Work underway at Courageous Lake
Vancouver Junior Seabridge Gold (SEA-V) has launched a $1.6 million program over its wholly-owned Courageous Lake…
Global hedge book falls
The international gold hedge book, representing the cumulative hedging activities of 85 producers and 67% of global output, fell once again in the first quarter of 2003, to 77.3 million oz. (2,404 ton…
Anaconda signs deal at Damoti Lake
Doublestar Resources (DSR-V) and Anaconda Gold (ANX-V) have inked a deal that could see the latter earn a 55% stake in the Damoti Lake project, 200 km north of Yellowknife.To do so, Anaconda must spen…
Campbell finds new zone at Joe Mann
Campbell Resources (CCH-T) reports that five exploration drill holes at the Joe Mann mine in northern Quebec have intersected a gold-bearing quartz vein.The vein runs 1.5-7 metres wide, and four of th…
Daily Metal Prices (June 09, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ 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)…