News

Silver-based wood coatings

In mid-February, legislation was introduced in the U.S. House of Representatives that would provide funding for a study on the effectiveness of silver-based biocides as an alternative treatment to pre…


Brisas gets regulatory nod

Venezuela’s Ministry of Energy and Mines has approved an operating plan for the Brisas gold deposit in Bolivar state, opening the way for development by Gold Reserve (GLR-T).Brisas, with proven and pr…


Lending Rates (March 03, 2003)

as of 4 pm ET, Feb.25, 2003(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.34LIBOR US$ 6-month1.34LIBOR US$ 1-year1.39Gold lease 3-m…



Sustainability workshop

Vancouver-based consultants Anthony Hodge and Ian Thomson will moderate a workshop dubbed “Seven Questions to Sustainability” on March 13 at Metro Hall in downtown Toronto.As the heads of the their re…


Producer and Dealer Prices (March 03, 2003)

Antimony: Mid-mkt US$2,250/t.Bismuth: Mid-mkt US$2.80/lb.Cadmium: Mid-mkt US$0.65/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.20-7.95/lb.Copper: Comex May US$0.7855/lb.


Daily Metal Prices (March 03, 2003)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 25Feb. 24Feb. 21Feb. 20Feb. 19Al Alloy1460/141…


Northern Miner Indices (March 03, 2003)

NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…



Pan American posts record output (March 03, 2003)

Vancouver — Thanks to its mainstay Huaron mine in Peru, Pan American Silver (PAA-T) produced a record 7.8 million oz. silver from its four mines in 2002, a 12% rise from the 2001 total.The company ma…


Agnico-Eagle looks to spread its wings

Determined not to remain a one-mine company, Agnico-Eagle Mines (AGE-T) has unveiled plans that would see it exploit two gold deposits, Lapa and Goldex, both of which are within trucking distance of i…


BHP enjoys higher output at Ekati mine

BHP Billiton’s (BHP-N) share of mine production at Ekati in the Northwest Territories was 1.1 million carats in the recent fourth quarter — 15% higher than in the corresponding period of 2001 and 12%…


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