International Curator extends Royal County bid
International Curator Resources (IC-T) has extended for a second time its takeover offer Royal County Minerals (RMI…
News
Geomaque cuts high grade at Tasiast
Some 20,000 metres of reverse-circulation infill drilling have allowed Geomaque Explorations (GEO-T) to revise its estimate of the resource at the Tasiast gold project in Mauritania, West Africa.The i…
Drybones Bay kimberlite yields stones
A kimberlite discovery in the Drybones Bay area, southwest of Yellowknife, N.W.T., has proved diamondiferous.New Shoshoni Ventures (NSV-V) found the DB-2 body during a winter drilling campaign designe…
Blanchard looks to add to Barrick complaint (May 26, 2003)
New Orleans-based bullion dealer Blanchard & Co. has filed a motion with a Louisiana district court to add to its antitrust complaint against Barrick Gold (ABX-T).Blanchard is looking to supplement it…
Eldorado revises estimates at Sao Bento
Vancouver — A capital expansion plan, combined with the strengthening Brazilian currency, has led Eldorado Gold (ELD-T) to revise its anticipated gold production and production costs at the Sao Bento…
BC mines more profitable
In 2002, British Columbia’s mining industry saw a continuation in its 4-year trend of year-over-year increases in profitability. However, total revenues for the year declined as the residual impact of…
Miramar expands Suluk zone at Hope Bay
Vancouver — The latest results have prompted Miramar Mining (MAE-T) to drill an additional 8,200 metres in the Madrid area on the Hope Bay gold property in Nunavut.President Anthony Walsh says the Su…
Protest won’t affect business: Tiffany & Co.
A protest in early May by the United Steelworkers of America (USWA) outside Tiffany & Co. in Chicago, Ill., will not affect the flow of silver and gold to the luxury goods retailer from Kennecott Utah…
Junior market continues to climb
Vancouver — Canada’s junior exchange gained some steam during the week ended May 20. The S&P-TSX Venture Exchange composite index tacked on 10.56 points, or 0.96% of its value, to close at 1,078.96.S…
Suppliers Roundup (May 26, 2003)
Explosives giants seal dealNorwegian-based Dyno Nobel Holding and Connecticut-based Ensign-Bickford Co. have combined their commercial explosives businesses. The deal was first announced in September …
Golds hot as price jumps
As they often do, the golds came to the fore in an unpleasant U.S. equity market over the five trading days May 14-20. While the Standard & Poor’s 500 index was sliding 22.57 points to 919.73 and the …
Producer and Dealer Prices (May 26, 2003)
Antimony: Mid-mkt US$2,590/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$9.00-10.25/lb.Copper: Comex July US$0.7635/lb.Indium: Indium Corp., ingot, US$140/kg.Iridi…