2003

Eastmain pumps Clearwater resource (May 12, 2003)

Based on 18 holes (10,000 metres) drilled in the second half of 2002, Eastmain Resources (ER-T) has boosted the resource estimate for its 50%-owned Eau Claire gold project in the James Bay region of Q…


Jacobina moves to feasibility (May 12, 2003)

Vancouver — The rising price of bullion has prompted Desert Sun Mining (DSM-V) to launch a feasibility study of the past-producing Jacobina gold project in northeastern Brazil.A prefeasibility study …


Higher costs take toll on Glamis

Vancouver — Higher production costs at the San Martin mine in Honduras and increased exploration spending resulted in a 40% drop in first-quarter profits for Glamis Gold (GLG-T).The Reno-based miner …



AngloGold hit by currency exposure (May 12, 2003)

Vancouver — South Africa’s biggest gold producer felt the impact of a falling U.S. dollar in the first quarter.AngloGold (AU-N) saw net profit slump to US$66 million in the three months ended March 3…


Atna eyes Sheridan assets (May 12, 2003)

Vancouver — Atna Resources (ATN-T) and a well-known private investor have signed a letter-in-principal paving the way for Atna to acquire $3.4 million in assets.Under the deal, Atna will issue to J. …


Producer and Dealer Prices (May 12, 2003)

Antimony: Mid-mkt US$2,540/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$8.75-9.60/lb.Copper: Comex July US$0.724/lb.Indium: Indium Corp., ingot, US$140/kg.Iridium…



LME Warehouse Levels (May 12, 2003)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 6 (change from April 29 in brackets):MetalStock(tonnes)ChangeAluminium1196825(+58…


Exchange Rates (May 12, 2003)

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 6May 5May 2May 1April 30US$ in C$1.40821.41321.42231.4188…


Summit leads to workplace policy on AIDS

Among the results of the recent Mining Industry HIV/AIDS Summit near Johannesburg is a resolution that all workplaces in South Africa institute sound policies and programs to deal with AIDS by next ye…


Intrepid Minerals President Laurence Curtis (left) and Donald Poirier, an analyst with First Associates, at the company's Casposo project in western Argentina.

Intrepid looks to Argentina

Calingasta, Argentina — The acquisition of the Casposo gold-silver project in the province of San Juan provides Intrepid Minerals (IAU-V) with a platform for growth in Argentina.The Toronto-based jun…


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