Trading Summary (February 23, 2004)
The technology stocks led the Toronto Stock Exchange 32.31 points lower to 8,609.62 to start the week. The golds ch…
News
Another stellar year for Goldcorp (February 23, 2004)
The exceptionally rich Red Lake gold mine in northwestern Ontario bestowed its blessings on Goldcorp (G-T) for one…
Falco workers ink new deal (February 23, 2004)
Falconbridge (FL-T) expects mining and milling at its Sudbury operations to resume to normal levels before the end…
Partners expand Inter Main deposit
Ongoing drilling by partnersFNX Mining (FNX-T) and Dynatec (DY-T) continues to expand the Inter Main zone at the Mc…
Orvana turns first profit from Don Mario
A modest profit was reported by Orvana Minerals (ORV-T) from the latest quarter of production at the Don Mario gold…
The Northern Miner Indices (February 23, 2004)
North American Mining: 111.00 (+2.71)Small Producers: 131.07 (+6.16)(Sept. 30/98 = 100)…
Cape Town conference brings support from African politicians
Cape Town, South Africa — Improved commodity prices and easier mine financing made for an upbeat mood at the Indaba 2004 meeting, formally known as the Investing in African Mining Conference.Organize…
Pivotal year for Ashton, Soquem in Quebec
A bulk-sampling drilling program is under way at the Foxtrot property in north-central Quebec as Ashton Mining of Canada (ACA-T) and partner Soquem set about recovering a cumulative sample of at least…
Falconbridge soars to higher perch in ’03
Thanks to a strong finish, Falconbridge (FL-T) nearly quadrupled its earnings in 2003.Falco pocketed US$194 million (or US$1.05 a share) on 2003 revenue of US$2.08 billion, compared with US$50 million…
Editorial Cartoon (February 23, 2004)
Exchange Rates (Bank of Canada, Feb. 17)
CurrencyAus $EuroJapan Mex PSA RandUK In C$1.04571.68360.012380.11980.20022.4956…
Exchange Rates (February 23, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 17Feb. 16Feb. 13Feb. 12…