Odyssey drills Altintepe
Odyssey Resources (ODX-V) has resumed drilling on its Altintepe gold property in northeastern Turkey. Plans cal…
2003
Anooraq raises $20 million
Anooraq Resources (ARQ-V) has raised $20 million to accelerate development of the Drenthe farm in South Africa’s Bu…
Daily Metal Prices (December 29, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 22Dec. 19Dec. 18Dec. 17Al Alloy1455/14901461/1…
Producer and Dealer Prices (December 29, 2003)
Antimony: Mid-mkt US$2,100/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.62/lb.Cobalt: Recent trades US$17.50-20.50/lb.Copper: Comex Mar. US$1.0065/lb.Indium: Indium Corp., ingot, US$320/kg.Irid…
Canadian Stock Exchange Indices (December 29, 2003)
DateDec. 22Dec. 19Dec. 18Dec. 17HighLowTSX Composite8135.438113.02…
Navidad shows bulk-tonnage potential
Although the initial results from the first-ever drilling on the Navidad silver grassroots discovery were not as spectacular as the market was anticipating, the grades would nonetheless seem to indica…
LME Warehouse Levels (December 29, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 19 (change from Dec. 16 in brackets):MetalStock(tonnes)ChangeAluminium1420225(+2…
Aurelian cuts high grades in Ecuador
Zamora, Ecuador — Aurelian Resources (ARU-V) has intersected spectacularly high-grade gold values in the first hole drilled at its 100%-owned Condor project in southeastern Ecuador.The Toronto-based …
Exchange Rates (December 29, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 22Dec. 19>Dec. 18Dec. 17US$ in C$1.33151.33971.32921.3251…
Radius tallies Tambor gold
Vancouver — An independent estimate commissioned by Radius Explorations (RDU-V) suggests that the Tambor property in Guatemala has a resource equivalent to 274,000 oz. gold.Based on a cutoff grade of…
Grasberg suffers second slide (December 29, 2003)
New Orleans-based Freeport-McMoRan Copper & Gold (FCX-N) has declared force majeure on deliveries of copper concentrate from the massive Grasberg copper-gold mine in Indonesia.The decision was made in…
Ghana gives nod to Newmont’s Ahafo
The Parliament of Ghana has unanimously approved a foreign investment agreement with Newmont Mining (NEM-N), paving the way for construction of the Ahafo gold project in the Brong Ahafo region.The agr…