2004
Copper, nickel prices robust; zinc firm but hesitant
We expect base metal prices to continue to perform strongly over the near term, even though we have already seen multi-year highs. We also believe the rising price cycle will turn after this year.In t…
De Beers, GGL confirm diamond-bearing nature of Doyle Sill
It took eight years, but De Beers Canada Exploration and GGL Diamond (GGL-V) finally returned to the Doyle Lake sill in 2003 after a federally appointed tribunal upheld an earlier 1996 decision awardi…
Spot Prices Tuesday, Feb. 24, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$401.45-12.45Silver$6.54 -0.10Platinum$858.00+1.00…
Producer and Dealer Prices (March 01, 2004)
Antimony: Mid-mkt US$2,700/t.Bismuth: Mid-mkt US$3.10/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$24-28/lb.Copper: Comex Mar. US$1.326/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: Mi…
Japan’s Jipangu drops Cambior stake
Cambior’s (CBJ-T) major shareholder, Japanese-based Jipangu, has cut its ties with the Quebec gold miner by selling 10.4 million shares.The private gold investment fund has also monetized its remainin…
Philippine gov’t seeks reversal
The government of the Philippines has requested that the country’s Supreme Court reverse its decision to curtail foreign investments in the mining sector.A court filing cited potential losses of more …
Margaret Kent eyes Carolin gold mine
She’s back.Together with long-time partner Ross Burns, former Royal Oak Mines CEO, Margaret “Peggy” Kent (formerly Witte) is looking to acquire the past-producing Carolin gold mine, near Hope, B.C.Alt…
Exchange Rates (March 01, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 24Feb. 23Feb. 20Feb. 19Feb. 18US$ in C$1.32801.33571.34401.3…
Canadian Stock Exchange Indices (March 01, 2004)
DateFeb. 24Feb. 23Feb. 20Feb. 19Feb. 18HighLowTSX Composite8604.99…
The Northern Miner Indices (March 01, 2004)
North American Mining: 108.72 (-2.28)Small Producers: 122.42 (-8.65)(Sept. 30/98 = 100)…
Asia Pacific seeks Udon North resolution (March 01, 2004)
Asia Pacific Resources (APQ-T) and the Thai Department of Primary Industry and Mines (DPM) will look for an independent party to decide the fate of the Toronto-based junior’s special prospecting licen…