Barrick earnings flat (July 29, 2003)
Barrick Gold’s (ABX-T) earnings came in flat at US$59 million (or US11 per share) for the three months ended June…
News
BHP Far West hit hot hole
Vancouver One of the 13 reverse circulation drilled holes collared on the Candelaria iron oxide copper-gold proje…
Trading Summary (July 28, 2003)
The Toronto Stock Exchange ended Monday’s trading session 21.92 points higher at 7,284.54 with all but three subind…
Noranda slashes dividend, posts loss
Facing $4.1 billion in net debt, Noranda (NRD-T) is slashing its traditionally juicy divided by 40%.The surpris…
Phelps Dodge trims losses (July 28, 2003)
Vancouver The World’s second largest copper producer made it nine consecutive quarters without a profit by tallyi…
Atna adopts mostly-gold strategy
Elko, Nev. — After years of trying to develop a string of base metal projects, Atna Resources (ATN-T) has reinvented itself as a gold explorer in Nevada’s Carlin trend.The company had tried to fund e…
Diamonds North targets Victoria Island (July 28, 2003)
Diamonds North Resources (DDN-V) has returned to Victoria Island in Nunavut, hoping to build on last year’s diamond exploration program, in which 11 kimberlite bodies and showings were found.This year…
Editorial Cartoon (July 28, 2003)
Metals Commentary: Restarts augur well for copper
(The following excerpt from The Commodity Refiner, a monthly publication of Barclays Capital Research, provides an overview of current copper and lead markets.)The outlook for global copper supplies i…
The Northern Miner Indices (July 28, 2003)
North American Mining: 77.69 (+3.53)Small Producers: 74.77 (+2.99)(Sept. 30/98 = 100)…
The diamond war
With an American expeditionary force waiting offshore, and a body of Nigerian troops ready to move into Monrovia, the Liberian civil war may at last be reaching its end-game.In recent weeks there has …
Band-Ore tests Thorne anomalies
Drilling by Band-Ore Resources (BAN-T) has returned more anomalous values from the Thorne gold project near Timmins, Ont.The Burlington-based junior recently sank 12 holes to follow up on an earlier c…