A steep decline in gold prices erased most of the winnings posted by the junior mining sector during the report period ended April 13. The price of silver dropped by more than 7% at the end of the period. The TSX Venture composite index finished 3…
Vancouver — Placer Dome (PDG-T) now estimates the capital cost of developing the Cerro Casale gold-copper project will total US$1.65 billion, up from US$1.43 billion projected in the initial feasibility study, tabled in January…
Vancouver — Drilling by Nevsun Resources (NSU-T) at its Bisha project in Eritrea has intersected more than 60 metres of massive sulphides to a vertical depth of 375 metres. Results from the hole are pending, though the sulphide…
Teck Cominco (TEK-T) is again shipping lead from its Trail smelter in southeastern British Columbia, following repairs to the Kivcet lead furnace and boiler.
Further to the subject of shareholders paying for the executive lifestyle, we note wire service reports that another executive whose fun-seeking was heavily financed by shareholders’ money, Jeffrey Skilling, has been taken into custody by New York…
Lower nickel production and uncharacteristically low prices for platinum group metals contributed to a decline in the value of mineral production in Ontario in 2003.
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