Trading Summary (February 23, 2004)
The technology stocks led the Toronto Stock Exchange 32.31 points lower to 8,609.62 to start the week. The golds ch…
News
Another stellar year for Goldcorp (February 23, 2004)
The exceptionally rich Red Lake gold mine in northwestern Ontario bestowed its blessings on Goldcorp (G-T) for one…
Falco workers ink new deal (February 23, 2004)
Falconbridge (FL-T) expects mining and milling at its Sudbury operations to resume to normal levels before the end…
Partners expand Inter Main deposit
Ongoing drilling by partnersFNX Mining (FNX-T) and Dynatec (DY-T) continues to expand the Inter Main zone at the Mc…
Orvana turns first profit from Don Mario
A modest profit was reported by Orvana Minerals (ORV-T) from the latest quarter of production at the Don Mario gold…
Spot Prices Tuesday, Feb. 17, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$413.70+5.35Silver$6.64 +0.20Platinum$857.00…
Metallica sizes up El Morro deposit (February 23, 2004)
Armed with data from 15 diamond- and reverse-circulation holes, Noranda (NRD-T) has tabled an inferred resource estimate for the El Morro area on Metallica Resources’ (MR-T) copper-gold project of the…
Manhattan takes Peruvian dispute to arbitration
Manhattan Minerals (MAN-T) is in the midst of selecting an arbitrator in a bid to regain its option to earn a 75% stake in the embattled Tambo Grande massive sulphide property in Peru.The company has …
Spider, KWG expand McFaulds Lake target
Vancouver — Partners Spider Resources (SPQ-V) and KWG Resources (KWG-V) are encouraged by drill results from the McFaulds #3 base metal deposit in the James Bay Lowlands of Ontario.Hole 20 intersecte…
Daily Metal Prices (February 23, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 17Feb. 16Feb. 13Feb. 12Feb. 11Al Alloy1590/162…
LME Warehouse Levels (February 23, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 17 (change from Feb. 10 in brackets):MetalStock(tonnes)ChangeAluminium1404375(-1…
Cape Town conference brings support from African politicians
Cape Town, South Africa — Improved commodity prices and easier mine financing made for an upbeat mood at the Indaba 2004 meeting, formally known as the Investing in African Mining Conference.Organize…