Steady earnings at Cameco (August 12, 2002)
Uranium producer Cameco (CCO-T) posted second-quarter net earnings of $12 million, or 22 per share, on revenue of $195 million, as increased sales volumes and improved uranium and gold prices bulked …
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Spot Prices Wed. August 6, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$307.80+$2.40Silver$ 4.64-$0.02Platinum$526.00-$…
Northern Miner Indices (August 12, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
Olympus cuts ore-grade skarn in Khe Rin area (August 12, 2002)
Vancouver — Olympus Pacific Minerals (OYM-P) has intersected ore-grade gold mineralization while drilling in the central Phuoc Son area.Drill hole 023 was drilled into the Khe Do prospect, 1.4 km sou…
LME Warehouse Levels (August 12, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 6 (change from July 30 in brackets):MetalStock (tonnes)ChangeAluminium1291750(…
Canadian Stock Exchange Indices (August 12, 2002)
DateAugust 6August 5August 2August 1July 31HighLowTSX Composite6519.16Holiday6536.476550.71660…
Gold price drives junior exchange
Vancouver — Junior resource stocks started to make a comeback over the holiday-shortened week ended Aug. 6 as economic uncertainty deepened in the U.S. The TSX Venture Exchange composite index closed…
MOST ACTIVE ISSUES, JULY 31-AUG. 6
ExchgVol(000s)HighLowCloseChangeKinross GoldT246372.872.482.79+0.14…
GREATEST VALUE TRADED, JULY 31-AUG. 6
ExchgVal($000s)HighLowCloseChangeAlcoa*N46610527.2023.9624.97-1.01…
Major Drilling in Mongolia
Major Drilling’s Australian division, Major Pontil, will provide services to Ivanhoe Mines’ Turquoise Hill gold-copper discovery in southern Mongolia.The job will require at least seven rigs and calls…
Higher output, earnings for Golden Star
Better-than-expected gold production and a higher realized price for that material led Golden Star Resources (GSC-T) to record solid earnings during the second quarter.The company earned US$1.6 millio…
Producer and Dealer Prices (August 12, 2002)
Antimony: Mid-mkt US$1,750/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US…