LME Warehouse Levels (March 08, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 2 (change from Feb. 24 in brackets):MetalStock(tonnes)ChangeAluminium1393675(+8…
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Northern Miner Indices (March 08, 2004)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T17.1%CamecoCCO-T3.3%FalconbridgeFL-T5.0%Freeport McM BFCX-N8.2%GoldcorpG-T4.3%IncoN-T8.7%Kinross GoldK-T4.3%Newmont MiningNEM…
Eurasian Minerals spreads wings in Kyrgyzstan and Turkey
Vancouver — With $3.9 million in its coffers, Eurasian Minerals (EMX-V) has picked up three mineral exploration licences totalling 5,125 sq. km in Kyrgyzstan, as well as the Sisorta high sulphidation…
African Gold Group zeroes in on Ghana
Four of the men who helped create gold junior Banro (BNR-V) in the mid-1990s have regrouped for a grassroots venture in Ghana under the banner African Gold Group, which will soon begin trading as a ti…
San Gold, Gold City team up to buy Bissett mine
The Bissett gold mine, north of Winnipeg, Man., is about to change hands yet again.South Africa’s Harmony Gold Mining (HMY-N) has inked a deal to sell the project to San Gold Mining (SGR-V), a junior …
Kimber aims to advance Carmen to feasibility
Stronger precious metals prices have re-ignited interest in Mexico’s Sierra Madre gold-silver belt, and among the beneficiaries is Kimber Resources (KBR-V), which plans to complete a feasibility study…
Labrador uranium draws juniors
Two companies better known for their efforts in gold exploration — Fronteer Development Group (FRG-T) and Altius Minerals (ALS-V) — have reopened the search for uranium in Labrador’s Central Mineral…
TVI Pacific buoyed by progress at Rapu Rapu in Philippines
An improved outlook for metals prices has Calgary-based TVI Pacific (TVI-T) expecting to benefit from several advanced polymetallic projects in the Philippines.The company holds a 2.5% net smelter ret…
Greystar cuts gold, reviews data
Greystar Resources (GSL-T) has intersected more long intersections of gold at its Angostura property in northeastern Colombia.The results from seven new holes represent the discovery of several struct…
Gold Fields takes pass on Miyabi
In spite of some significant intersections in recent drilling, South African mining house Gold Fields (GFI-N) has turned down its option on the Miyabi project in the Lake Victoria goldfields of Tanzan…
Apollo Gold sizes up Black Fox near Timmins
Armed with nearly 83,000 metres of drilling in 296 holes, Apollo Gold (APG-T) has tabled an initial reserve estimate for the Black Fox gold project, near Timmins, Ont.Based on a gold price cutoff of U…
Spot Prices Tuesday, March 2, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$398.60-2.85Silver$6.86 +0.32Platinum$887.00+30.00…