Daily Metal Prices (December 08, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 2Dec. 1Nov. 28Nov. 27Nov. 26Al Alloy1425/1445…
2003
Gold index reaches new high
In late November, the Toronto Stock Exchange’s gold share index hit its highest level since the overhauled barometer was launched, driven by a gold price rose above US$400 for only the second time sin…
Madsen program shapes up for Claude, Placer
Red Lake, Ont. — The Red Lake gold camp of northwestern Ontario had, over the years, come to look fairly simple: two big mines, one very big orebody, and very little going on outside the fences at Ca…
Gold breaks barrier as silver, nickel soar
A strong rally sent gold US$9.55 higher over the five trading days to a London morning fix of US$401.05 per oz. on Dec. 2. It’s the first time the yellow metal has surpassed the psychological barrier …
Aber to buy Harry Winston
Aber Diamond (ABZ-T) has struck a preliminary deal to acquire Harry Winston, the prestigious New York-based “jeweler to the stars.”The deal would take place in stages, beginning with a 51% stake invol…
Trading Summary (December 05, 2003)
Overall, it was a fairly quiet day in TSX trading, the S&P/TSX composite index was virtually frozen at 7,990.28 poi…
Sur samples gold-bearing skarn at Comval (December 05, 2003)
Surface exploration at the Comval property in the Eastern Mindanao mineral belt of the Philippines has turned up mo…
Rio Blanco pre-feasibility study looks good
Pre-feasibility work for London-base Monterrico Metals (MNA-L) at the Rio Blanco copper project in northern Peru ha…
New life for Hecla’s Lucky Friday
It was a lucky Friday morning for employees at Hecla Mining’s (HL-N) underground Lucky Friday silver mine in northe…
Golden Star finds new zone at Wassa
Denver-based Golden Star Resources (GSC-T) has found a new gold-mineralized zone at its Wassa property in Ghana, fu…
Rio Narcea to drive ramp at Aguablanca (December 05, 2003)
Anxious to catch the peak of nickel prices, Rio Narcea Gold (RNG-T) now plans to begin underground development of i…
Andina on strike
Vancouver – The supply of copper concentrates on the world’s market got a little bit tighter after workers walked…