News




Lower grades at Grasberg push Freeport into the red

Vancouver — Lower grades at the mighty Grasberg mine in Indonesia resulted in decreased production and a fourth-quarter loss for Freeport-McMoRan Copper & Gold (FCX-N).The New Orleans-based company t…



Daily Metal Prices (January 28, 2002)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 22Jan. 21Jan. 18Jan. 17Jan. 16Aluminium1362/13…


Mixed week in US trading

In the face of declining base and precious metals, a number of U.S.-listed mining majors still managed to trade higher over the report period, as investors showed interest in old-economy cyclicals.BHP…




TSE Short Positions (January 28, 2002)

Short positions outstanding at January 15, 2002Larger individual positions include: Aber Diamond 250,797 up 127,298; Amarc Resources 112,500 up 112,500; Ashton Mining 210,100 up 81,100;…


Granny Smith: community builder

In various ways, Placer Dome is contributing to the community surrounding the Granny Smith mine in Western Australia.For the past four years, the mine has been providing air transit to a group of stud…


GFMS sees some upside in gold price

The gold industry’s chief gatherer of supply-and-demand data, London-based Gold Fields Mineral Services, saw a fairly stable gold market in 2001 and is forecasting a slightly better year ahead for the…


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