News

People (March 24, 2003)

Alcan — Denis Desautels and Milton Wong selected as candidates for election to board of directors.Alcoa — Mohammad Zaidi appointed chief technical officer.Arch Coal — Bennett Hatfield…





LME Warehouse Levels (March 24, 2003)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 18 (change from March 11 in brackets):MetalStock(tonnes)ChangeAluminium1274375…



Lakota clears title on Tanzanian property

An agreement with its Australian partners has permitted Lakota Resources (YLA-V) to consolidate its ownership of the Ikina Reefs property in the Lake Victoria area of Tanzania.The 25-sq.-km property i…


Kinross updates Duquesne

Armed with 14 drill holes and re-assayed values from several old holes, Reddick Consulting has updated the inferred resource at Globex Mining’s (GMX-T) 50%-owned Duquesne West gold property in Duparqu…


New zone at Eagle River

Recent drilling by River Gold Mines (RIV-T) has identified a new zone of gold mineralization near the existing mine workings at the Eagle River mine, near Wawa, Ont.Drilling has delineated the western…


Daily Metal Prices (March 24, 2003)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 18March 17March 15March 14March 13Al Alloy144…


Coeur sets records

Last year was a banner one for Coeur d’Alene Mines, as the company set records for silver and gold production. Silver output rose 36% to 14.8 million ounces, produced at a cash cost of $2.89 per oz., …


Broad market, resource stocks march to US war beat

As war in Iraq drew nearer over the March 12-18 report period, financial speculators at home pushed the S&P-TSX composite index ever higher. After all was said and done, the bulls had raised the bench…


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