LME Warehouse Levels (October 20, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 13 (change from Oct. 6 in brackets):Aluminium1369375(-3200)Aluminium Alloy51740(…
2003
Canadian Stock Exchange Indices (October 20, 2003)
DateOct. 13Oct. 10Oct. 9Oct. 8Oct. 7HighLowTSX CompositeHoliday7633.617604.497569.307561…
The Northern Miner Indices (October 20, 2003)
North American Mining: 92.44 (+5.07)Small Producers: 86.86 (+6.04)(Sept. 30/98 = 100)…
Major slippage at Grasberg
The biggest news during the report period ended Oct. 14 was a major rockfall at Freeport-McMoRan Copper & Gold’s 90.6%-owned Grasberg open-pit mine in Indonesia. Two employees are known to be dead, si…
James A. Harquail
James Harquail, an exploration geologist and mining engineer who worked with renowned prospectors Thayer Lindsley and Duncan Derry, has died. He was 80.A native of Campbellton, N.B., Harquail earned h…
Pilagold heads to Nicaragua
An option to earn a majority interest has Pilagold (Pri-V) reassessing the historic San Ramon mining camp for its oxide potential.Situated in south-central Nicaragua, San Ramon hosts numerous low-sulp…
Spot Prices Tuesday, Oct. 14, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$373.65-2.55Silver$4.94+0.10Platinum$730.00+8.00P…
More issues soar to new heights
TORONTO STOCK EXCHANGEThe recent spat of record-breaking continued through the Oct. 8-14 report period, with some issues achieving the milestone on significant percentage gains.Junior Corriente Resour…
Junior exchange rallies to new high
TSX VENTURE EXCHANGEVancouver — Canada’s junior exchange surged to a new all-time high over the week ended Oct. 14. The S&P-TSX Venture Exchange composite index rocketed 36.64 points, or 2.6%, to clo…
Partners drill Timmins project (October 20, 2003)
High-grade intersections are reported from the first four holes of a recently doubled, 10,000-metre program of definition drilling on Holmer Gold Mines’ (HGM-V) Timmins property.Highlights include the…
Mines ministers tackle host of issues
The 60th annual conference of mines ministers was recently held in Halifax, N.S. The mining industry was represented by the Mining Association of Canada (MAC), the Prospectors & Developers Association…
Daily Metal Prices (October 20, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 13Oct. 10Oct. 9Oct. 8Oct. 7Al Alloy1410/1405…