DRD nabs 20% of Porgera
South African-based Durban Roodepoort Deep (DROOY-Q) has agreed to acquire Australian-listed Oil Search Ltd.’s 20%…
News
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…
The Northern Miner Indices (October 13, 2003)
North American Mining: 87.37 (-0.24)Small Producers: 80.82 (+0.69)(Sept. 30/98 = 100)…
BC approves rock quarry
The government of British Columbia has approved a $100-million aggregate quarry near Port Alberni.The proposed quarry is designed to produce 6 million tonnes of construction aggregate per year and is …
Metal traders run down gold
Gold bugs caught a chill in the first week of October: by the morning of Oct. 7, an ounce of the yellow metal was fetching US$376.20 in London markets, or US$8.30 less than a week earlier. Silver fare…
Sermon from the height of hypocrisy
As actor Toni Collette proved last week, a green religious mania is on the loose — one that threatens our reason, and much more.Collette, who first won fame in Muriel’s Wedding, told of filming part …
Axmin buoyed by Bambari results
Drilling by Axmin (AXM-V) at the Bambari property in the Central African Republic has traced mineralization at the French Camp prospect to a depth of 110 metres for at least 150 metres along a northwe…