Spot Prices Wednesday May 14, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$348.90+5.90Silver$4.82+0.06Platinum$662.00+34.00…
Articles by Northern Miner Staff
Daily Metal Prices (May 19, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 13May 12May 9May 8May 7Al Alloy1405/1395…
Producer and Dealer Prices (May 19, 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$9.40-10.25/lb.Copper: Comex July US$0.7645/lb.Indium: Indium Corp., ingot, US$140/kg.Iridi…
The Northern Miner Indices (May 19, 2003)
North American Mining: 66.70 (-0.10)Small Producers: 64.03 (+0.76)(Sept. 30/98 = 100)…
Editorial Cartoon (May 19, 2003)
Consolidation affects exploration
You don’t need hyperspectral imaging or the latest in magnetotellurics to figure out that the impact of consolidation on exploration has been substantial. The last half-decade has been one of the hars…
Shareholders may not want to be subordinate Control freaks
Annual meeting season has seen some of its usual theatrics and high jinks this year, but one theme has popped up in several places: shareholders, especially large ones, are tired of capital structures…
Anglo, Gold Fields reject mediation offer
Anglo American and Gold Fields have rebuffed an offer by Anglican Archbishop Ndungane Njongonkulu to mediate in a lawsuit against the companies for alleged human rights abuses during apartheid.Anglo a…
Kinross axes 75 jobs at Lupin
Kinross Gold says it will lay off 75 workers at the Lupin gold mine, 80 km south of the Arctic Circle in Nunavut.The miner posted a US$13.3-million loss in the recent quarter and says the layoffs woul…
Canadian Stock Exchange Indices (May 19, 2003)
DateMay 13May 12May 9May 8May 7HighLowTSX Composite6702.916717.506650.036620.776…
Miners have volatile week
U.S. stock markets advanced modestly over the five trading days May 7-13, with the Standard & Poor’s 500 index up 7.91 points at 942.30 and the Dow Jones industrial average 90.89 points higher at 8,67…
Apollo Gold goes batty
Florida Canyon Mines, a subsidiary of Denver, Colo.-based Apollo Gold, has joined forces with the Nevada Division of Wildlife (NDOW), the Bureau of Land Management (BLM), and Bat Conservation Internat…