2003


The concrete on the left is the burnout box at the beginning of the quarter-mile drag strip at the Brainerd International Raceway in north-central Minnesota. Asphalt, containing taconite, connected the new concrete track near the starting line. It also extends the track from the 750-ft. mark, where the concrete ends.

Taconite helps make raceway safer and faster

The full-throttle roar of engines and rowdy fans have not been heard since late October at the Brainerd International Raceway (BIR) in north-central Minnesota, but not all is silent. More than 600 ton…


Quality of gov’t material questioned

I recently attended the Cordilleran Exploration Roundup in Vancouver, B.C., where the Federal Department of Fisheries and Oceans (DFO) distributed inappropriate material.As Yukon and British Columbia …


Placer Dome boosts stake in NovaGold project

Vancouver — Placer Dome (PDG-T), North America’s third-largest gold producer, is exercising its right to increase its interest in NovaGold Resources’ (NRI-T) Donlin Creek deposit in southwestern Alas…


Geomaque losses shrink in 2002 (February 24, 2003)

Though still deep in the red, Geomaque Explorations (GEO-T) lost only half as much in 2002 as in the previous year, thanks to higher gold prices.The company lost $4.6 million (or 3 per share) last ye…


Diamond raffle helps hospital

Vancouver — On May 24, a 1.06-carat diamond from the Ekati mine in the Northwest Territories will be raffled to raise money for British Columbia’s Children’s Hospital.The raffle is part of the 16th a…


Cameco earnings lower

Year-end results from Cameco (CCO-T) show the uranium producer with lower earnings but higher revenues and cash flow, compared with 2001. The company earned $46 million (or 83 per share) on revenue o…


Grade still king at Goldcorp; Glamis

Low-cost production from the Red Lake mine in northwestern Ontario gave Goldcorp (G-T) earnings of US$65.6 million (US37 per share) on revenues of US$185.2 million in 2002.The year-end results repres…





Daily Metal Prices (February 24, 2003)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 18Feb. 17Feb. 14Feb. 13Feb. 12Al Alloy1470/141…


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