Monroe Minerals sells alluvial diamonds for US$770 per carat
Vancouver–Monroe Minerals (MMX-V) sold its first parcel of diamonds from pre-production at its London alluvial dia…
News
IMA tables drill results from Las Bayas project
Vancouver — IMA Exploration (IMR-V) has completed its 19-hole drill campaign on its Las Bayas project in Patagonia…
Trading Summary (March 03, 2003)
Toronto’s gold stocks took it on the chin on Monday as the yellow metal slipped another US$1.10 per to US$348.50 pe…
Richmont has banner year (March 03, 2003)
Record gold sales, better prices, and lower production costs came together for Richmont Mines (RIC-T) in 2002, giving the company earnings of $9.1 million (or 59 per share) on revenue of $52 million….
WO find delivers few stones
Last fall’s discovery of a lake-covered kimberlite on the WO claim block in the Lac de Gras area of the Northwest Territories has yielded just two microdiamonds from a small, 34.65-kg representative d…
Spot Prices Wednesday February 26, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold $352.55+5.35Silver $4.63+0.05Platinum $677.00+5.00…
Western markets bullish as composite jumps
Vancouver — Canada’s junior exchange closed the week ended Feb. 25 on an uptick. The S&P-TSX Venture Exchange composite index jumped 14.93 points, or 1.37% of its value, to close at 1.103.26.Stornowa…
Golden Phoenix plans attack at Borealis (March 03, 2003)
Golden Phoenix Minerals (GPXM-O) has tabled plans for a 3-prong exploration program at its Borealis project, near Hawthorne, Nev.Beginning this summer, the company will investigate the possibility of …
Silver-based wood coatings
In mid-February, legislation was introduced in the U.S. House of Representatives that would provide funding for a study on the effectiveness of silver-based biocides as an alternative treatment to pre…
Brisas gets regulatory nod
Venezuela’s Ministry of Energy and Mines has approved an operating plan for the Brisas gold deposit in Bolivar state, opening the way for development by Gold Reserve (GLR-T).Brisas, with proven and pr…
Lending Rates (March 03, 2003)
as of 4 pm ET, Feb.25, 2003(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.34LIBOR US$ 6-month1.34LIBOR US$ 1-year1.39Gold lease 3-m…
MOST ACTIVE ISSUES, FEB. 19-25
ExchgVol(000s)HighLowCloseChangePlacer DomeT2085016.5413.8413.89-2.03…