News

CAMESE releases compendium

The Canadian Association of Mining Equipment and Services for Export has released its seventh annual CAMESE Compendium of Canadian Mining Suppliers.The 164-page directory contains information on more …





Barrick looks for 2003 turnaround

The message is out from Barrick Gold (ABX-T): the management shakeup that saw director Gregory Wilkins replace Randall Oliphant as chief executive officer is part of an effort to restore the company’s…


First Quantum tables Kansanshi report

An independent feasibility study has given First Quantum Minerals (FM-T) the green light to develop the Kansanshi copper deposit in Zambia.The study, prepared by GRDMinproc of Australia, concludes tha…


Sigma reopens

McWatters Mining’s (MWA-T) gold mill at the Sigma open-pit operations in Val d’Or, Que., has resumed commercial production. The mill began its ramp-up in late November, after capacity was boosted to 5…


Record output for Glamis

Vancouver — Glamis Gold (GLG-T) lowered costs while ramping up production in 2002.The Reno-based company made a profit of US$13.7 million (or US14 per share) for the year, compared to US$4.8 million…



Glamis makes gains

A number of things separate Glamis Gold from its Vancouver counterparts. The first would have to be its “low-key” approach to doing business.The second relates to the fact that it showed a net profit …


LME Warehouse Levels (February 24, 2003)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 18 (change from Feb. 11 in brackets):MetalStock(tonnes)ChangeAluminium1191600(-4…



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