Producer and Dealer Prices (March 04, 2002)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.60-7.20/lb.Copper: Comex Mar. US$0.7015/lb.Indium: Ind…
2002
The Northern Miner — North American Mining Index (March 04, 2002)
80.14 (+3.13)(Sept. 30/98 = 100)…
Angola’s legacy of unrest
“The first man to be killed in Portuguese Africa nearly fell into my beer today . . .” Thus wrote foreign correspondent Donald Wise from Luanda in the early 1970s. The event — a dissident thrown out …
The Northern Miner — Small Producers Index (March 04, 2002)
67.80 (+1.38)(Sept. 30/98 = 100)…
Producers rise with yellow metal
Despite little substantive news from the bullion markets over the report period ended Feb. 25, gold prices still managed to stage a significant rally and closed up $5 to just under US$300 per oz.The U…
MOST ACTIVE ISSUES, FEB. 20-26
ExchgVol(000s)HighLowCloseChangeNewmont Mng*N2188724.7123.1424.61+1.30…
Diamond hunt ignites Nunavut
The year 2001 presented some ups and downs for Nunavut’s mining industry, the most prominent being mine-closure announcements and a possible diamond rush.Last year, the Lupin gold mine, in the Northwe…
Operating costs take toll on Novicourt
Noranda’s (NRD-T) 62%-owned base metal subsidiary, Novicourt (NOV-T), turned in a subdued performance during the last three months of 2001.The junior producer posted net earnings of $600,000 (or 2 pe…
Province, feds disagree on Port Colborne risks
Health Canada and Ontario’s Ministry of the Environment are at odds over hazards faced by residents living in Port Colborne, Ont., near an old Inco refinery.Health Canada says the province may be unde…
Richmont edges into black (March 04, 2002)
Despite a $4.2-million writedown on its Nugget Pond mine in Newfoundland and a $1-million provision for site restoration in the second quarter, Richmont Mines (RIC-T) dramatically reversed course in 2…
Pan American Silver eyes Manantial Espejo (March 04, 2002)
Vancouver — The proposed Manantial Espejo silver-gold mine in Argentina has moved a step closer to reality following a deal that allows Pan American Silver (PAA-T) to earn a 50% interest.In August 20…
Sultan secures more ground near Kena
Vancouver — With a 1,500-metre drill program ready to go on its Gold Mountain zone, Sultan Minerals (SUL-V) continues to consolidate ground around the Kena property, near Ymir in southeastern British…