Grasberg delivers the goods in third quarter
Freeport-McMoRan Copper & Gold (FCX-N) is bouncing back from a disappointing first half, thanks to strong operating performance at the massive Grasberg copper-gold mine in Indonesia.The improvement re…
2002
Edgar Pye
Edgar Pye, who formed the Ontario Geological Survey in 1972, has died.A geology graduate of the University of Toronto, Pye began his career in 1948, mapping iron formations in Ashmore and Errington tw…
PEOPLE (November 18, 2002)
Almos Gold — Chester Millar, John McCluskey, Steve Stine, James McDonald and Richard Hughes appointed directors.
GREATEST VALUE TRADED, NOV. 6-12
ExchgVal($000s)HighLowCloseChangePlacer DomeT62150317.0015.1715.62+0.12…
Daily Metal Prices (November 18, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 12Nov. 11Nov. 8Nov. 7Nov. 6Al Alloy1296/1301…
Higher output boosts Rio Narcea’s quarter
Rio Narcea Gold Mines (RNG-T) has posted a higher profit in the third quarter, thanks to increased gold production and an improvement in realized gold prices.Earnings totalled US$2.4 million (or 3 pe…
Glamis doubles Marlin resource
Halfway through a US$3-million drilling campaign, Glamis Gold (GLG-T) has more than doubled the resource of the Marlin gold-silver project in western Guatemala, expanding it to 3.3 million oz. gold-eq…
De Beers finds base metals in northern Ontario
When it comes to new discoveries, expect the unexpected.While exploring for diamonds in the western James Bay Lowlands of northern Ontario, De Beers stumbled across some sulphide mineralization on gro…
Trading Summary (November 15, 2002)
The Toronto Stock Exchange continued higher on Friday, gaining 86.51 points to make 6,457.42. The golds, paced by r…
Eaglecrest moves forward at San Simon
Vancouver Now that dewatering of the underground decline is complete, Eaglecrest Explorations (EEL-V) has resumed…
NovaGold Earns 70% Interest in Donlin
Vancouver–After just 15 months from signing the option agreement, NovaGold Resources (NRI-T) has spent its require…
North American Palladium records quarterly profit
Although hindered by an operational setback, North American Palladium (PDL-T) earned $2.9 million in the third quar…