IMA reports grassroots silver find
A high-grade silver discovery in the Patagonia region of southern Argentina has IMA Exploration (IMR-V) making geological analogies between it and the Eskay Creek gold mine in northern British Columbi…
News
Corriente looks at smaller model (March 17, 2003)
Vancouver — An independent study gives the Mirador copper-gold deposit in southeastern Ecuador a pretax net present value of US$153 million, using a 20,000-tonne-per-day base case and a copper price …
SouthernEra converts resources at Messina (March 17, 2003)
SouthernEra Resources (SUF-T) has tabled an updated reserve estimate for the Voorspoed section of its 70.9%-owned Messina platinum mine in South Africa. Probable reserves now stand at 24.5 million ton…
LME Warehouse Levels (March 17, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 11 (change from March 4 in brackets):MetalStock(tonnes)ChangeAluminium1251950(+…
Producer and Dealer Prices (March 17, 2003)
Antimony: Mid-mkt US$2,480/t.Bismuth: Mid-mkt US$2.80/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$8.00-9.20/lb.Copper: Comex May US$0.7655/lb.Indium: Indium Corp., ingot, US$110/kg.
Exchange Rates (March 17, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 11March 10March 7March 6March 5US$ in C$…
Canadian Stock Exchange Indices (March 17, 2003)
DateMarch 11March 10March 7March 6March 5HighLowTSX Com…
Week-long dive on US markets
Things started badly on U.S. stock markets in the trading period March 5-11, and got steadily worse. The Dow Jones Industrial Average fell 180.81 points to 7,524.06, a loss of 2.3%, while the Standard…
Metallica tops up treasury (March 17, 2003)
Metallica Resources (MR-T) has closed a $15-million private placement to help fund its purchase of the half-stake in the Cerro San Pedro gold deposit that it does not already own.The company agreed to…
Trading Summary (March 14, 2003)
Bargain hunters pushed Toronto golds stocks 6.2 points or more than 4% higher to a 156.47-point close on Friday. Th…
BHP eyes Botswana
Vancouver With Canada’s Ekati mine in the Northwest Territories marking the only diamond production for global re…
Inco develops a taste for Aussie ore
Already sourcing nickel in concentrate from LionOre Mining’s (LIM-T) Emily Ann mine in Western Australia, Inco (N-T…