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…
2003
Southern Rio advances 3T’s property
Vanderhoof, British Columbia — Southern Rio Resources (SNZ-V) is intensifying exploration of the 3T’s low-sulphidation epithermal gold-silver project in central British Columbia, 120 km southwest of …
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…
Far North beckons Cumberland
By advancing the Meadowbank project in eastern Nunavut to production, Cumberland Resources (CBD-T) is positioning itself to become Canada’s next mid-tier gold producer.Covering some 350 sq. km along a…
New Brunswick offers variety of gold environments
The recent grassroots discovery of intrusion-related gold occurrences in the southwestern area of the province highlights the potential for economic precious metal deposits in New Brunswick. Coupled w…
Junior exchange bullish as Iraq fears subside
Vancouver — With the war in Iraq basically over, investors began to take money off of the sidelines. Over the week ended April 22, the S&P-TSX Venture Exchange composite index tacked on 9.41 points, …
SKN Resources seeks gold in northeastern Tibet
Vancouver — SKN Resources (SRL-V) has entered into an agreement with the Chinese government to acquire interests in nine exploration permits in northeastern Tibet (Xizang), site of the Zage gold pros…
More capital needed to reach lofty goals at President Steyn
Welkom, South Africa — There’s a buzz of energy permeating the staid, 1960s-style boardroom which Thistle Mining (TTH-T) inherited when it purchased the President Steyn gold mine in South Africa. Aft…
Financing mining in Quebec
In 2002, mining investment in Quebec amounted to roughly $752 million, a significant drop from the $1.2 billion recorded in 2001. The decline can be explained mostly by the completion of three major m…
Editorial: Quieter evolution
The defeat of the Parti Qubecois in the recent Quebec election sneaked up on news junkies, who were busy watching the invasion of Iraq. But there it was: the more-or-less federalist provincial Libera…
Drilling extends River Valley mineralization (April 28, 2003)
Results from a stepout hole at the River Valley property, near Sudbury, Ont., indicate potential for expanding the Dana North deposit.Partners Pacific North West Capital (PFN-T) and Anglo American Pla…
Spot Prices Wednesday April 23, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$333.80+9.95Silver$4.57+0.08Platinum$638.00+14.00…