2004



Platinum surges while palladium finds support

Platinum has already surged this year, reaching levels not seen since 1980. Indeed, platinum has been the only real challenger to nickel for the title of “star metal,” which is fitting given it’s the …



Madrid bombings shake US-led coalition

The report period ended March 16 was stained by a terrorist attack on Spanish commuters riding Madrid’s train system during the early hours of March 11. Ten bombs were detonated on four trains, killin…


Cameco’s Boroo on-stream

Cameco’s (CCO-T) 53.2%-owned Boroo gold mine, 110 km northwest of Ulaanbaatar in Mongolia, has started commercial production.The open-pit operation is owned and operated by Boroo Gold, an indirect sub…


Alaska mining on the rise

Rising metal prices sparked the Alaska mining industry last year, according to the Geological Survey of Alaska.The total value of mineral exploration, development, and production is expected to hit US…


Eldorado writes down Sao Bento

Vancouver-based Eldorado Gold (ELD-T) posted a net loss of US$45 million for 2003, largely because of a US$39.5-million writedown of the value of the Sao Bento gold mine in Brazil. By comparison, the …



Producer and Dealer Prices (March 22, 2004)

Antimony: Mid-mkt US$2,915/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$24-28.50/lb.Copper: Comex May US$1.366/lb.Indium: Indium Corp., ingot, US$485/kg.


NAP nearly doubles production (March 22, 2004)

With the new primary crusher at its Lac des les mine, near Thunder Bay, Ont., fully operational, North American Palladium (PDL-T) enjoyed a profitable fourth quarter.During the three months ended Dec…


BHP streamlines management

The biggest corporate shuffle during the period ended March 16 was carried out by the world’s largest mining company, BHP Billiton. The major has brought its customer-sector-groups division under thre…


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