News
BHP tallies higher profit
Vancouver — Despite a drop in sales, BHP Billiton (BHP-N) saw profits rise to US$1.9 billion, or US31 per share, in the fiscal year ended June 30, 2003.This marks a significant increase from the US$…
Three prongs, none grounded
The Ontario Legislature was dissolved on Monday, which at least put an end to a long-running no-news item that infested local radio and television through the August silly season. Elections have been …
Dunkle, the apprentice
The following is the first of two excerpts from Wesley Earl Dunkle: Alaska’s Flying Miner, recently published by Boulder-based University Press of Colorado. The 274-page book was written by Charles Ca…
Gold: Supply and demand in Q2
Global demand for gold rose by just over 5% year-on-year in the second quarter of this year, with the greatest change coming in near-record levels of producer de-hedging, according to a report by anal…
QGX soars in Mongolia (September 08, 2003)
Shares in junior gold explorer QGX (QGX-V) rocketed to an all-time high following the latest batch of exploration results from its Golden Hills prospect in western Mongolia.Hole CVZ-40, collared on th…
Producer and Dealer Prices (September 08, 2003)
Antimony: Mid-mkt US$2,270/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.68/lb.Cobalt: Recent trades US$9.50-11.25/lb.Copper: Comex Dec. US$0.832/lb.Indium: Indium Corp., ingot, US$180/kg.Iridiu…
Daily Metal Prices (September 08, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 2Sept. 1Aug. 29Aug. 28Aug. 27Al Alloy1420/142…
Holmer Gold, Acadian to merge
Juniors Holmer Gold Mines (HGM-V) and Acadian Gold (ADA-V) (formerly Tempus Corp.) are merging.Under the proposed deal, shares of Acadian and Holmer would be turned in for shares in the combined entit…
Canadian Stock Exchange Indices (September 08, 2003)
DateSept. 2Sept. 1Aug. 29Aug. 28Aug. 27HighLowTSX Composite7566.86…
Corriente cuts new copper at Mirador (September 08, 2003)
Drilling by Corriente Resources (CTQ-T) has uncovered a new zone of high-grade copper mineralization about 3 km to the northwest of its Mirador copper-gold deposit in southeastern Ecuador.Two angled h…
Cangold defines Thorn
Vancouver — Partners Cangold (CLD-V) and Rimfire Minerals (RFM-V) have outlined a 100-by-300-metre gold-in-soil geochemical anomaly on the Thorn silver-gold-copper project, southeast of Atlin, B.C.Th…