Producer and Dealer Prices (November 18, 2002)
Antimony: Mid-mkt US$2,850/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.38/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.20-7.00/lb.Copper: Comex Dec US$0.721/lb.Indium: Indiu…
News
Aluminum orders remain flat
The latest statistics from the U.S. Aluminum Association show that the total net new order index for domestic aluminum mill products was flat in October at 83.91, compared with 83.63 in the previous m…
Damang gives Repadre earnings boost
With a share in production from the Damang gold mine in Ghana now part of its portfolio, Repadre Capital (RPD-T) has posted earnings of $4.1 million (or 10 per share) on revenue of $5.9 million in th…
Great Basin looks to Africa
Seeking to become a mid-tier producer, Great Basin Gold (GBG-V) has broadened its exploration scope from the Carlin trend in Nevada to include the prolific Witwatersrand basin of South Africa.The Hunt…
Gold Fields posts solid quarter (November 18, 2002)
Vancouver — Despite witnessing a quarterly shortfall, South Africa’s second-largest gold miner saw year-over-year profits more than triple in the third quarter.Gold Fields (GFI-N) posted a profit of …
AngloGold reaches out to retail crowd
South African major AngloGold (AU-N) has provided details on its plans for a share split, while unveiling an offer to buy odd lots of shares.AngloGold regards the price of its shares as “very high” re…
Canadian Royalties tags hot holes at Expo-Ungava
Vancouver — Drill results reported by Canadian Royalties (CZZ-V) continue to indicate the economic potential of the Expo-Ungava nickel-copper-platinum-palladium project in northern Quebec.”We’re exci…
Kennecott ups diamond search at Rockinghorse
While Tahera (TAH-T) awaits details of next year’s budget for the Rockinghorse project in the Coronation Gulf diamond district of Nunavut, its joint-venture partner, Kennecott Canada Exploration, is c…
Sulliden picks up Shahuindo (November 18, 2002)
Vancouver — Having completed a 90-day due-diligence program, Sulliden Exploration (SUE-T) is proceeding with its purchase of the Shahuindo gold property in northern Peru.Engineering firm Simons Peru …
Lending Rates (November 18, 2002)
as of 4 pm ET, Nov. 12, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Prime4.25LIBOR US$ 3-month1.40LIBOR US$ 6-month1.40LIBOR US$ 1-year1.54Gold lease 3-month0.35Gold leas…
Harmony grabs Jipangu’s High River stake
Harmony Gold Mining (HGMCY-Q), South Africa’s third-largest producer of the yellow metal, has agreed to acquire more than 17 million shares of Toronto-based High River Gold Mines (HRG-T) from Jipangu,…
Nevada Star tables results from MAN
Vancouver — Nevada Star Resource (NEV-V) reports encouraging results from surface sampling at its MAN nickel/copper/platinum-group-element project in Alaska.The project comprises both a 311-sq.-km pr…