News


NovaGold, Placer boost Donlin Creek

Vancouver — Partners NovaGold Resources (NRI-T) and Placer Dome (PDG-T) have increased the measured and indicated resources at the Donlin Creek deposit in Alaska.The deposit, in which NovaGold has a …


Busy week for base metals

The base metal miners took the spotlight away from the golds during the report period ended April 15.BHP Billiton rose 20 to US$11.56 as it launched a 10-year, US$850-million global bond, part of whi…


Latest Tirisano auction a hit (April 21, 2003)

The latest parcel of diamonds pulled from a test panel dug at the Tirisano alluvial diamond mine in South Africa has fetched more than was expected, lending further support to the revenue projections …


Lending Rates (April 21, 2003)

as of 4 pm ET, Apr. 15, 2003(%)Bank of Canada3.50Canadian Prime5.00U.S. Discount Primary2.25U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.32LIBOR US$ 6-month1.33LIBOR US$ 1-year1.44Gold …


Exchange Rates (April 21, 2003)

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 15April 14April 11April 10April 9US$ in C$1.45151.45321.4516…


LME Warehouse Levels (April 21, 2003)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 15 (change from April 8 in brackets):MetalStock(tonnes)ChangeAluminium1221850(-…


Producer and Dealer Prices (April 21, 2003)

Antimony: Mid-mkt US$2,530/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$9.00-10.00/lb.Copper: Comex May US$0.733/lb.Indium: Indium Corp., ingot, US$140/kg.Iridium…





Hushovd cleans house at Gabriel

Four key officers of Gabriel Resources (GBU-T) have simultaneously tendered their resignations, all citing “personal reasons” for their decisions.Leaving are: Robin Hickson, president and CEO (who had…


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