Int’l Curator drills Assean Lake
Vancouver — Drilling is under way at the Assean Lake gold project in northern Manitoba.International Curator Resources (IC-T) has completed 24 holes, or 2,900 metres, to date, and assay results are p…
2003
Placer cuts hedge book (April 07, 2003)
Vancouver — North America’s third-largest gold company reduced its hedging program by 1.1 million oz. in the first quarter of 2003.Placer Dome (PDG-T) converted 920,000 oz., which were committed unde…
Bright outlook for lithium: report
Demand for lithium metals and chemicals is expected to reach 11,250 tonnes in 2006, according to a report by London-based Roskill Information Services. That’s the equivalent of 60,000 tonnes of lithiu…
Rio Tinto buys data system
London-based Rio Tinto is using data access protocol (DAP) technology as a way of managing exploration data.The technology, provided by Toronto-based Geosoft, allows users to transfer large amounts of…
Spot Prices Wednesday April 2, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$330.25+0.65Silver$4.40+0.02Platinum$640.00-4.00P…
Brunswick employees ratify 3-year contract
Employees at the Brunswick lead-zinc smelter in Belledune, N.B., have voted 69% in favour of a 3-year collective agreement that contains no wage increases and will see the smelter shut down for four m…
Inco wins energy efficiency award
Inco has won an award from the federal government for reducing greenhouse gases and conserving evergy at its operations in Copper Cliff, Ont.The reductions were achieved as a result of ideas submitted…
PGM Ltd. cuts UG-2 at Elandsfontein
Vancouver — Drilling at Platinum Group Metals’ (PTM-V) Elandsfontein property in South Africa has intercepted the UG-2 platinum reef at shallow depths.Four drill holes cut the reef at depths of less …
Northern Miner Indices (April 07, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…
Daily Metal Prices (April 07, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 1March 31March 28March 27March 26Al Alloy1461…
Canadian Stock Exchange Indices (April 07, 2003)
DateApril 1March 31March 28March 27March 26HighLowTSX Composite6335.126343.296379.486353.44…
Forty Years Ago – April 1963
Falco has record earningsLargely because of additional investment income as a result of the merger with Ventures, the devaluation of the Canadian dollar, and lower writeoffs, Falconbridge Nickel Mines…