Canadian Stock Exchange Indices (May 12, 2003)
DateMay 6May 5May 2May 1April 30HighLowTSX Composite6693.716659.676618.116569.31…
News
People (May 12, 2003)
Compania Minera Antamina — Wendell Pauling appointed president and CEO.Diamonds North — Bruce Kienlen appointed to exploration team.DiamondWorks — Robert Rainey appointed CFO.
Eastmain pumps Clearwater resource (May 12, 2003)
Based on 18 holes (10,000 metres) drilled in the second half of 2002, Eastmain Resources (ER-T) has boosted the resource estimate for its 50%-owned Eau Claire gold project in the James Bay region of Q…
Jacobina moves to feasibility (May 12, 2003)
Vancouver — The rising price of bullion has prompted Desert Sun Mining (DSM-V) to launch a feasibility study of the past-producing Jacobina gold project in northeastern Brazil.A prefeasibility study …
Higher costs take toll on Glamis
Vancouver — Higher production costs at the San Martin mine in Honduras and increased exploration spending resulted in a 40% drop in first-quarter profits for Glamis Gold (GLG-T).The Reno-based miner …
The Northern Miner Indices (May 12, 2003)
North American Mining: 66.80 (+2.33)Small Producers: 63.27 (+4.97)(Sept. 30/98 = 100)…
AngloGold hit by currency exposure (May 12, 2003)
Vancouver — South Africa’s biggest gold producer felt the impact of a falling U.S. dollar in the first quarter.AngloGold (AU-N) saw net profit slump to US$66 million in the three months ended March 3…
Atna eyes Sheridan assets (May 12, 2003)
Vancouver — Atna Resources (ATN-T) and a well-known private investor have signed a letter-in-principal paving the way for Atna to acquire $3.4 million in assets.Under the deal, Atna will issue to J. …
Franco’s Nevada royalty on block
One of the most valuable assets in the Nevada gold belt — Franco-Nevada Mining’s royalty interests in the burgeoning Goldstrike mine — is for sale.Situated in the Carlin gold trend, near Elko, and a…
Producer and Dealer Prices (May 12, 2003)
Antimony: Mid-mkt US$2,540/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$8.75-9.60/lb.Copper: Comex July US$0.724/lb.Indium: Indium Corp., ingot, US$140/kg.Iridium…
Spot Prices Wednesday May 7, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$343.00+7.00Silver$4.76+0.15Platinum$628.00+22.00…
LME Warehouse Levels (May 12, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 6 (change from April 29 in brackets):MetalStock(tonnes)ChangeAluminium1196825(+58…