Canada leads way as exploration spending rises
Worldwide spending on mineral exploration has increased for the first time since its peak in 1997, according to the Metals Economics Group (MEG).The recent edition of the group’s Corporate Exploration…
2003
Grasberg update will affect copper markets
The key event in recent base metals markets is Freeport-McMoRan Copper & Gold’s (FCX-N) update on the status of its recovery efforts from the landslide at its Grasberg mine in Indonesia.Some of the mi…
Producer and Dealer Prices (November 17, 2003)
Antimony: Mid-mkt US$2,050/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$11.60-13.50/lb.Copper: Comex Dec. US$0.9445/lb.Indium: Indium Corp., ingot, US$265/kg.Irid…
Majors top up their tills
Vancouver — More consolidation in the gold sector could be in the offing, given that two of the world’s largest producers have gone to the market to top up their tills.South Africa’s Gold Fields (GFI…
Mustang expands Bannockburn showing (November 14, 2003)
Continued chip and grab sampling by Mustang Minerals (MUM-V) have returned more high-grade nickel values from the B…
Trading Summary (November 14, 2003)
With gold testing the US$400-an-oz. marker, Toronto’s gold index rose 2.6 points to 218.2 on Friday. The yellow met…
Appeal court upholds Troilus award
The British Columbia Court of Appeal has dismissed an appeal by Homestake Canada, a subsidiary of Barrick Gold (ABX…
Etruscan samples Malian anomaly
Nova Scotia-based Etruscan Resources (EET-T) has begun a program of soil and auger drilling over a regional gold-in…
Silver zone found at La Pitarrilla (November 14, 2003)
Preliminary drilling by Silver Standard Resources (SSO-V) has intersected a new silver zone at the Pitarrilla proje…
Mineralized breccia hit at Thorn (November 14, 2003)
Vancouver Systematic exploration over the Thorn property by partners Rimfire Minerals (RFM-V) and Cangold (CLD-V)…
Trading Summary (November 13, 2003)
The Toronto Stock Exchange composite index gave back yesterday’s gains, losing 29.71 points to finish at 7,767.62.
Thistle bulks up resources at Steyn (November 13, 2003)
Re-evaluation of existing drill data at the President Steyn gold mine near Welkom, South Africa, has identified two…