Producer and Dealer Prices (April 28, 2003)
Antimony: Mid-mkt US$2,530/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$8.75-9.50/lb.Copper: Comex May US$0.7215/lb.Indium: Indium Corp., ingot, US$140/kg.Iridium…
News
Canadian Royalties pegs Mesamax resource
Vancouver — An independent resource estimate for the Mesamax zone has verified the economic potential of the Expo-Ungava nickel-copper-platinum-palladium property in northern Quebec.Glenn Mullan, pre…
Spot Prices Wednesday April 23, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$333.80+9.95Silver$4.57+0.08Platinum$638.00+14.00…
Financing mining in Quebec
In 2002, mining investment in Quebec amounted to roughly $752 million, a significant drop from the $1.2 billion recorded in 2001. The decline can be explained mostly by the completion of three major m…
Editorial: Quieter evolution
The defeat of the Parti Qubecois in the recent Quebec election sneaked up on news junkies, who were busy watching the invasion of Iraq. But there it was: the more-or-less federalist provincial Libera…
Drilling extends River Valley mineralization (April 28, 2003)
Results from a stepout hole at the River Valley property, near Sudbury, Ont., indicate potential for expanding the Dana North deposit.Partners Pacific North West Capital (PFN-T) and Anglo American Pla…
Golden Star takes over Mampon, Dunkwa
Three property deals have expanded the land package held by Golden Star Resources (GSC-T) around its Bogoso and Prestea gold mines on the Ashanti trend in Ghana.In the first of the three deals, Golden…
Rubicon hits high-grade at McFinley
Vancouver — Rubicon Minerals (RMX-V) has cut several intervals of high-grade gold at the McFinley project in Ontario’s Red Lake camp.So far, 26 holes (or 8,465 metres) have targeted unexplored parts …
Lowlands yields more sulphides (April 28, 2003)
Vancouver — The first two holes drilled by Spider Resources (SPQ-V) and partner KWG Resources have confirmed the presence of base metal sulphides on the newly dubbed McFauld’s Lake property in the we…
Goldminco cuts gold at Balabag (April 28, 2003)
Vancouver — Scout drilling at the Balabag Ridge project in the Philippines has returned encouraging gold-silver values for Goldminco (GCP-V).The 594-metre program tested for mineralization below a se…
Daily Metal Prices (April 28, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 22April 21April 18April 17April 16Al Alloy137…
Benchmark, gold stage rally
The Toronto Stock Exchange composite index began the holiday-shortened April 16-22 report period in retreat mode but quickly found its footing to finish the week 97.74 points ahead. Fueling the rally …