Producer and Dealer Prices (August 19, 2002)
Antimony: Recent trades US$1,700-1,975/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.35-7.05/lb.Copper: Comex Sept US$0.676/lb….
News
Daily Metal Prices (August 19, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAugust 13August 12August 9August 8August 7Al Alloy1…
Dynasty gets what it bargained for at Pebble
Even though the main deposit at the Pebble copper property is considered a plum in itself, it was really the exploration potential of the surrounding 250-sq.-km land package in Alaska that sustained t…
Province cleans up Kam Kotia
The government of Ontario has begun rehabilitating the defunct Kam Kotia base metals mine, near Timmins.The province spent $8 million to build a ditch to catch ground and surface water tainted by near…
Inmet to drill Aussie base metal find
Since the announcement of its discovery in February, Inmet Mining (IMN-T) has been drill-testing the new high-grade base metal Jaguar deposit in the Northeastern Goldfields region of Western Australia…
HMZ gains base metal mines, smelter in China
Canada’s junior mining companies have a long-standing tradition of being at the forefront of international exploration and development. This is especially true in countries where the potential is grea…
Gold’s prospects dominate Aussie mining conference
Kalgoorlie, Australia — Consolidation in the gold mining sector and an optimistic outlook for the price of bullion over the next 18 months had delegates in high-spirits at the 10th annual Diggers & D…
Rio Narcea bullish at Aguablanca (August 19, 2002)
Having completed a bankable feasibility study of its advanced Aguablanca nickel-copper project in southern Spain, Rio Narcea Gold Mines (RNG-T) is awarding engineering contracts and arranging project …
Alcoa smelter dead in Nfld
A plan to use the Lower Churchill River in Labrador to provide power for an aluminum smelter has been aborted.The project was to have been a joint venture between the provincial government and aluminu…
PEOPLE (August 19, 2002)
Aber Diamond — Thomas O’Neill appointed director.Coeur d’Alene — Kenneth Thompson appointed director.Dofasco — Walter Bilenki appointed VP finance; Joe Neri appointed president, powerl…
Drop in prices points to economic double dip
Aug. 5-9 at a glance- Copper prices have failed to gain from any risks associated with fund short-covering and remain in the crucial support area of US$1,500 per tonne.- Aluminum has found good suppor…
Aussies launch gold index
The Australian Gold Council and Sydney-based Macquarie Bank have launched the AGC/Macquarie Australian Gold Index, which replaces the Australian Stock Exchange (ASX) S&P Gold Index.The new index consi…