Noranda’s financial boss retires
Noranda (NRD-T) said on Tuesday, that while its chief financial officer was retiring, he would remain on to help wi…
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Trading Summary (November 10, 2003)
Profit-takers moved in on the Toronto market on Monday, sending the TSX Composite index 44.98 points lower, to 7,81…
Red Back gains Canadian listing with Champion merger
A merger agreement between Australian-listed Red Back Mining and Vancouver-based Champion Resources (CHA-V) will gi…
Coeur d’Alene enters Mexico
Vancouver — The world’s largest primary silver producer has inked a letter of intent to purchase the assets of Min…
First Quantum cuts more copper oxides in Congo (November 10, 2003)
First Quantum Minerals (FM-T) has pulled more long intersections of copper oxides from its newly discovered Lufua z…
Sulliden outlines geochem targets at Shahuindo (November 10, 2003)
Reconnaissance soil geochemistry by Sulliden Exploration (SUE-T) at the Shahuindo property in Cajamarca department,…
Placer Dome earns less on higher output
Vancouver — Despite record production and strong operating cash flow in the third quarter, Placer Dome (PDG-T) suffered a loss in profits, owing to a derivatives expense.The major earned US$21 millio…
Editorial Cartoon (November 10, 2003)
The Northern Miner Indices (November 10, 2003)
North American Mining: 100.40 (+6.23)Small Producers: 91.78 (+2.71)(Sept. 30/98 = 100)…
Glamis pockets more profits in Q3
Higher gold prices combined with lower exploration and accounting expenses to keep Glamis Gold (GLG-T) profitable in the third quarter.Net earnings topped US$3.5 million (or 2 per share) on revenue o…
Comtois drilling cuts gold zones (November 10, 2003)
Exploration drilling around known mineralization at the Comtois gold deposit in northwestern Quebec has intersected significant grades.The drill program, operated by Maude Lake Mines (MAU-V) and finan…
Mustang unearths nickel showing near Timmins
Follow-up stripping of an electromagnetic anomaly has revealed a rich-nickel showing at the Bannockburn property, about 100 km southeast of Timmins, Ont.Mustang Minerals (MUM-V), which can earn a 100%…