American Barrick boosts reserves
What a difference a year can make in the life of a mining company.This time last year, Toronto-based American Barrick Resources was sitting with reserves totalling 3.5 million oz. in seven Canadian an…
News
Phelps Dodge trims quarterly losses
Vancouver — A change in the accounting of retirement benefits helped the world’s second-largest copper producer reduce its losses in the first quarter.Phoenix-based Phelps Dodge (PD-N) lost US$15 mil…
Daily Metal Prices (May 12, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 6May 5May 2May 1April 30Al Alloy1405/1390…
Trading Summary (May 09, 2003)
The Toronto Stock Exchange regained 29.26 points to end the week at 6,650.03 on Friday. The diversified miners edge…
Fronteer-Red Lake cut low-grade
Vancouver A four hole drill program by partners Fronteer Development Group (FRG-V) and Red Lake Resources (RL-V)…
Cambior trims its loss, hedge book
A higher realized gold price helped Cambior (CBJ-T) to a lower first-quarter loss, as the Montreal-based gold miner…
Apex revises San Cristobal reserves
Prompted by new regulatory guidelines, Apex Silver Mines (SIL-X) has updated its reserve estimate for the advanced…
Trading Summary (May 08, 2003)
Trading SummaryToronto stocks ended 29.82 points lower on Thursday, despite a US$6.60 surge in rt hprice of gol…
Fortune drilling cuts high gold grades (May 08, 2003)
Infill drilling by Fortune Minerals (FT-T) on the Nico polymetallic deposit, 160 km northwest of Yellowknife, has i…
Horne deal scrapes by
A nearly year-long strike at Noranda’s (NRD-T) Horne copper smelter in Rouyn-Noranda, Que., has come to and end aft…
Breakwater breaks even
Higher gold, silver and copper prices helped offset lower zinc production allowing Breakwater Resources (BWR-T) to…
Trading Summary (May 08, 2003)
The golds, off 4.93 points, or about 3%, at 161.92, dragged the Toronto Stock Exchange 4.03 points lower to 6,836.2…