Drilling suggests potential at Ulu (August 23, 2004)
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Bolivia recreates ministry
To bolster confidence in its mineral resources sector, the Bolivian government is re-establishing its mines ministry as an independent body in government and giving the mines minister full status in the cabinet.
Takeover fight costs Iamgold
The costs of a failed merger plan with Wheaton River Minerals and a takeover fight with Golden Star Resources added up to corporate charges of US$5.7 million, which nearly wiped out second-quarter profits at
Record profits for Sherritt
With big increases in metal prices pumping up its top line,
Bullion price giveth, then taketh away
Seasonal malaise and lack of interest in the TSX-Venture junior market once again resulted in a weakening of the index with sagging volumes.
Bema ups stake in Victoria (August 23, 2004)
Vancouver — Through a private placement,
Wenatchee deal hinges on national contract
The United Steelworkers of America (USWA) will negotiate the fate of 400 workers at Alcoa’s (AA-N) Wenatchee aluminum smelter in Washington state via its national agreement with the aluminum giant.
Insider Trading (August 23, 2004)
The following insider trading transactions were reported in the July OSC Bulletin, published by the Ontario Securities Commission:…
Spot Prices Wednesday, Aug 11, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)Change…
Al-Qaeda funded by ‘blood’ diamonds: UN
A UN-backed report says several top al-Qaeda operatives laundered millions of dollars in African diamonds before the terrorist attacks on New York City on Sept. 11, 2001.
LME Warehouse Levels (August 23, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 11 (change from Aug. 9 in brackets):…
Producer and Dealer Prices (August 23, 2004)
Antimony: Mid-mkt US$2,565/t.