Spot Prices Wed. May 3, 2000Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$277.60-$0.10Silver$ 5.00+$0.03…
Precious MetalsPrice (US$/oz.)ChangeGold$277.60-$0.10Silver$ 5.00+$0.03…
Alcan Aluminum (AL-T) is only months away from starting up a large-scale greenfield smelter in Alma, Que., shareholders were told at the company’s annual meeting in Montreal.The plant is 2.5 km west o…
Higher production made it possible for Battle Mountain Gold (BMG-N) to post a smaller loss in the recent first quarter than in the corresponding period of 1999.The company incurred a net loss of US$3….
General Minerals (GNM-T) has commenced production at the Atocha silver mine in west-central Bolivia.A custom mill in Oruro processed the first 1,879 tonnes of ore, which averaged 627 grams silver per …
A $40-million program of advanced exploration now under way at the NW Snap Lake project in the Northwest Territories will provide operator Winspear Resources (WSP-T) with all the information required …
A junior company must have something out of the ordinary in order to attract the attention of mining analysts and investors in these tough times. Fitting that bill is Corriente Resources (CTQ-T), whic…
Higher-than-expected production from its operations in Peru and Nevada should leave Newmont Mining (NEM-N) with 4.7 million equity ounces of gold for the current year.On the strength of a 60% boost in…
Guyanor Ressources (GRL.B-T) and Rio Tinto (RTP-N) have started processing diamond-bearing ultramafic rocks at a plant on the Dachine property in French Guiana.The facility, capable of processing six …
Higher gold prices enabled Richmont Mines (RIC-T) to turn a small profit in the first quarter.Net earnings in the three months ended March 31 totalled $846,329 (or 6 per share) on revenue of $11 mill…
Gold dropped to a fresh 7-month low of US$272 per oz. during the April 26-May 2 report period before recovering slightly to reach a London morning fix of US$277.70 per oz. on May 3.Gold’s rebound on t…
April trading activity on the Canadian Venture Exchange was off 61% from the previous month as technology stocks retrenched from their lofty heights. The CDNX declined 18% over March, while, during th…
Record demand for potash and the sale of the Moab mine in Utah translated into an exceptional first quarter for Potash Corp. of Saskatchewan (POT-T).Earnings in the three months ended March 31 topped …
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