The Vancouver Stock Exchange composite index nosedived 14.26 points, or 3.4%, over the report period ended Aug. 10 to close the week at 400.89. The mining index also lost ground, shedding 6.35 points,…
Toronto-based Sherritt International (S-T), which has operations in Canada and Cuba, is reaping the benefits of record oil production, upward-trending commodity prices and enhanced efficiency.The comp…
AfrioreAlcanAlcoaAlusuisse LonzaAnaconda NickelAnglo American PlatinumAnglo AmericanAnglogoldAquest MineralsArmada GoldAshanti GoldfieldsAtna ResourcesAur ResourcesAuric ResourcesBarrick …
Unable to go it alone, Kit Resources (kit-) has enlisted the aid of Kinross Gold (K-T) to develop its George Lake gold project near Bathurst Inlet in Nunavut.Touted as one of the largest undeveloped p…
,HLME WHSE LEVELSMetal stocks (in tonnes) held in London Metal Exchange warehouses at Aug. 3/99 (change from July 27 in brackets):MetalStocks(tonnes)Change…
Antimony: Mid-mkt US$1,195/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Recent trades US$60.00-90.00/t.Cobalt: Recent trades US$18.50-20.20/lb.Copper: Comex Sept. US$0.756/lb.In…
As their name suggests, red-bed copper deposits form in red host rocks. The red colouration is actually rust, which is oxidation formed after the rock’s exposure to the atmosphere.The two types of red…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateAug. 3Aug. 2July 30July 29…
Despite lower production, Montreal-based Cambior (CBJ-T) remained in the black during the second quarter, owing to a successful gold-hedging program.The company earned US$100,000 on revenue of US$80 m…
The Vancouver Stock Exchange composite index slid 3.62 points, or 0.9%, to finish the holiday-shorted week ended Aug. 3 at 415.15. The mining index added 1.59 points, or 0.6%, to close at 275.33.Meanw…
Agnico-Eagle Mines (AGE-T) racked up more losses during the second quarter, due in large part to falling gold and copper production from its Laronde mine in northwestern Quebec.During the second quart…
Higher production at the Marsfontein diamond mine in South Africa kept SouthernEra Resources (SUF-T) profitable in the second quarter.During the three months ended June 30, the diamond miner earned $1…
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