News


Denison shareholders OK fission

Shareholders have voted in favour of a plan of arrangement that would see Denison Energy (DEN-T) split into three separate companies engaged in mining, hydrocarbons, and oilfield services.The proposed…


Producer and Dealer Prices (March 15, 2004)

Antimony: Mid-mkt US$2,840/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$27-28/lb.Copper: Comex Mar. US$1.272/lb.Indium: Indium Corp., ingot, US$485/kg.Iridium: Mi…


LME Warehouse Levels (March 15, 2004)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 9 (change from March 2 in brackets):MetalStock(tonnes)ChangeAluminium1366225(-2…



Washington deal extended

The period ended March 9 was punctuated by the European central banks’ renewal of the Washington agreement on gold sales, which had been due to expire later this year.Twelve European central banks hav…


Consolidation in Australia

The Australian resources sector has undergone tremendous change over the past three or four years, and global consolidation has focused heavily on Australian names.The frenetic activity was due to sev…


Claude buoyed by gold and gas (March 15, 2004)

Stronger gold and natural gas prices helped Saskatoon-based Claude Resources (CRJ-T) cruise to a profit in 2003.For the year, Claude earned $1.9 million (4 per share) on gold revenue of $25.8 million…


The Christensen CS-1000 at work on Pacific Minerals Canada's 217 gold property.

Suppliers Roundup (March 15, 2004)

GLR picks Gekko at GoldfieldsGLR Resources has ordered a 2,000-ton-per-day Gekko Systems modular gravity concentrator for its Goldfields gold project, 15 km south of Uranium City in northern Saskatche…


South Atlantic buys Zinkgruvan mine

Vancouver — South Atlantic Ventures (SAA-V) has inked a deal with Rio Tinto (RTP-N) to buy the Zinkgruvan mine in southern Sweden.One of the largest underground mines in Europe, Zinkgruvan has been p…


Miramar gains time for northern projects

A newly amended option agreement gives Miramar Mining (MAE-T) more time to explore the George and Goose Lake gold projects in Nunavut.Last fall, Miramar signed a letter agreement with Kinross Gold (K-…


Alcan wins award

Montreal-based Alcan has won an award in the category of Best Overall Company in the first edition of the International Business Awards.The honour comes just days after Fortune magazine named the alum…


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