Noranda makes cuts at Horne, Perseverance on hold
In an effort to cut operating costs by up to $30 million, Noranda (NRD-T) plans to slash production at its Horne co…
News
Trading Summary (October 15, 2003)
Toronto’s mining stocks reversed course on Wednesday, with the gold dropping 1.29 points to 193.43 and the diversif…
Trading Summary (October 14, 2003)
The S&P/TSX composite index ended 115.81 points higher at 7,749.42 with the telecom issues alone in the red at the…
Knight Resources cuts more nickel at West Raglan
Vancouver–Harvey Keats-led Knight Resources(KNP-V) has tabled more encouraging results from its West Raglan nickel…
Barrick takes to Highland
Facing pressure from South Africa’s Reserve Bank to consolidate ownership or cut bait, Harmony Gold (HMY-N) has dea…
DRD nabs 20% of Porgera
South African-based Durban Roodepoort Deep (DROOY-Q) has agreed to acquire Australian-listed Oil Search Ltd.’s 20%…
Jilbey drills Taranga (October 14, 2003)
Drilling has begun at the Taranga gold permit in Burkina Faso, reports Jilbey Gold Exploration (JIB-V).The prop…
Springlake underground resumes
AfriOre (AFO-T) has resumed underground production at the Springlake anthracite mine, north of Dundee in Kwazulu Na…
Canadian Stock Exchange Indices (October 13, 2003)
DateOct. 6Oct. 3Oct. 2Oct. 1Sept. 30 High LowTSX Composite7562.87…
Spot Prices Tuesday, Oct. 7, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$376.20-8.30Silver$4.84-0.28Platinum$722.00+14.00…
Exchange Rates (October 13, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 6Oct. 3Oct. 2Oct. 1Sept. 30US$ in C$1.38111.34181.33821.3480…
LME Warehouse Levels (October 13, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 6 (change from Sept. 29 in brackets):MetalStock(tonnes)ChangeAluminium1372575(+1…