Falco up and running after blackout
Falconbridge (FL-T) says its Ontario-based mining operations were up and running on Aug. 18, following North America’s largest-ever power outage, which began in the late afternoon of Aug. 14.The Sudbu…
2003
Canadian Stock Exchange Indices (August 25, 2003)
DateAug. 19Aug. 18Aug. 15Aug. 14Aug. 13HighLowTSX Composite7474.917411.33n/a7393.76…
SouthernEra posts Q2 profit
Foreign exchange gains enabled SouthernEra Resources (SUF-T) to record net earnings of US$1.59 million for the three months ended June 30.The US2-per-share profit came on revenue of US$564,000 and co…
Afri-Can tops up till (August 25, 2003)
Junior Afri-Can Minerals (AFA-V) intends to raise $2.5 million to renew its search for marine diamonds off the coast of Namibia.The company owns several concessions, though its focus has been on Block…
Daily Metal Prices (August 25, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAug. 19Aug. 18Aug. 15Aug. 14Aug. 13Al Alloy1380/138…
Junior exchange buoyed by bullion
Vancouver — Canada’s junior exchange followed gold’s lead over the week ended Aug. 19. The S&P-TSX Venture Exchange composite index gained 24.78 points, or 2% of value, and closed at 1,249.73.Bishop …
Alrosa uncovers giant diamond
Sakha Republic government-owned Alrosa has extracted a giant, flawless 301.55-carat diamond — the third-largest gem-quality diamond ever unearthed in Russia.The 46-by-32-by-26-mm lemon-yellow stone w…
PGM use in North America
Three factors — a substantial increase in the production of light vehicles, the impending introduction of tighter emissions standards, and the replacement of some palladium-based catalysts with plati…
Producer and Dealer Prices (August 25, 2003)
Antimony: Mid-mkt US$2,270/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.68/lb.Cobalt: Recent trades US$9.80-11.25/lb.Copper: Comex Sept. US$0.8025/lb.Indium: Indium Corp., ingot, US$180/kg.Irid…
Metallurgical tests positive at Casposo
Metallurgical tests on drill core from the Casposo gold-silver deposit in Argentina suggest the mineralization may be easy to mill and leach.Project operator Intrepid Minerals (IAU-V) engaged the Inst…
Exchange Rates (August 25, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 19Aug. 18Aug. 15Aug. 14Aug. 13US$ in C$1.40091.39091.38721.3…
Suppliers Roundup (August 25, 2003)
Knelson to build screensLangley, B.C.-based Knelson Gravity Solutions will begin building screens for filtering coarse ore from fine ore, under the brand name Knelson-Sizetec. The deal is part of a ma…