Wheaton bags $80m
Wheaton River Minerals (WRM-T) has entered into an $80-million bought-deal financing.Griffiths McBurney & Partners is leading a syndicate of underwriters, including BMO Nesbitt Burns, Canaccord Capita…
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Spot Prices Wednesday August 13, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$356.00+3.35Silver$4.87-0.06Platinum$688.00+4.00P…
Producer and Dealer Prices (August 18, 2003)
Antimony: Mid-mkt US$2,300/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$9.95-10.30/lb.Copper: Comex Sept. US$0.7890/lb.Indium: Indium Corp., ingot, US$180/kg.Irid…
Canpotex strikes Chinese potash deal (August 18, 2003)
The North American potash partnership Canpotex will supply Saskatchewan potash to China’s largest potash importer, China National Chemicals Import & Export Corporation (Sinochem).Under a memorandum of…
Ashanti bidders rebound
Mid-tier producer Randgold Resources made headlines during the week ending Aug. 12 by topping AngloGold’s bid for Ashanti Goldfields by about US$100 million. Randgold is offering one of its own…
Financings the fashion on TSX
The Toronto Stock Exchange composite index regained lost ground, and then some, ending the Aug. 6-12 report period 214.96 points higher at 7,354.02.The surge was powered by gold, which jumped US$8.10 …
Goldbrook expands in Ungava region
Vancouver — Junior Goldbrook Ventures (GBK-V) has added ground to its promising portfolio of projects in the Ungava region of Quebec.The Michael Magrum-led company inked two deals, one with Inlet Res…
Diamonds deliver for London’s Rio Tinto
The diamond group of Rio Tinto (RTP-N) performed strongly in the first half of 2003, driven by higher prices and the selloff from inventories that had built up at the Argyle operation in the latter pa…
Canadian Stock Exchange Indices (August 18, 2003)
DateAug. 12Aug. 11Aug. 8Aug. 7Aug. 6HighLowTSX Composite7354.027251.967317.817180.27…
Infill drilling positive at Meadowbank (August 18, 2003)
Cumberland Resources (CBD-T) has finished the first phase of infill drilling at the Vault and Portage gold deposits, part of the Meadowbank property in Nunavut, and the results confirm earlier resourc…
Monterrico puts number on Henry’s Hill
London-listed Monterrico Metals has received its first independent resource estimate for the Henry’s Hill copper deposit, part of the Rio Blanco project in northern Peru.The estimate, by Snowden Minin…
Metallic finds new shoot at Esmeralda
Drilling at the Esmeralda gold propery in southwestern Nevada has revealed a new high-grade mineralized shoot in the Prospectus vein structure.The 8-hole array, part of an underground exploration prog…