Eldorado writes down Sao Bento
Vancouver-based Eldorado Gold (ELD-T) posted a net loss of US$45 million for 2003, largely because of a US$39.5-million writedown of the value of the Sao Bento gold mine in Brazil. By comparison, the …
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NAP nearly doubles production (March 22, 2004)
With the new primary crusher at its Lac des les mine, near Thunder Bay, Ont., fully operational, North American Palladium (PDL-T) enjoyed a profitable fourth quarter.During the three months ended Dec…
Daily Metal Prices (March 22, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 16March 15March 12March 11March 10Al Alloy157…
Madrid bombings shake US-led coalition
The report period ended March 16 was stained by a terrorist attack on Spanish commuters riding Madrid’s train system during the early hours of March 11. Ten bombs were detonated on four trains, killin…
Trading Summary (March 19, 2004)
The Toronto market was in positive territory on Friday, as the TSX Composite index added 27.91 points to finish the…
Claude bumps resource at Seabee
The Seabee gold mine in northern Saskatchewan replaced its reserves and outlined a significantly larger inferred re…
Robex to raise money for Lacorne and Kolomba
Vancouver — Robex Resources (RBX-V) has arranged a private placement that will raise between $750,000 and $2.5 mi…
Ontzinc checks extensions at Balmat
Underground drilling by Ontzinc (OTZ-V) at the Balmat zinc mine in upstate New York has confirmed extensions of kno…
Ok Tedi back to the old grind (March 19, 2004)
The mill at the Ok Tedi copper-gold mine in northwestern Papua New Guinea is back to full capacity following a two-…
Pacific North West Capital raises $2 million
Vancouver — Pacific North West Capital (PFN-T)has arranged a non-brokered private placement for a gross proceeds o…
Trading Summary (March 18, 2004)
Thursday saw a US$8 increase in the gold price, possibly fed by increasing worry over terrorism. That translated in…
Acadian hits high grade at Forest Hill
Acadian Gold (ADA-V) has intersected bonanza-grade gold mineralization at the Forest Hill gold prospect in Nova Sco…