Trading Summary (February 24, 2003)
The bears had a firm grip on the bulls’ nose rings in trading on Monday, with the TSX Composite index off 56.33 poi…
News
McWatters extends reach in northwestern Quebec
Two transactions, one with Quebec mining enterprise SOQUEM and another with Barrick Gold (ABX-T) will give McWatter…
Canico releases Onca drill results
Vancouver — Canico Resource (CNI-V) has tabled results from the first 77 holes in the company’s ongoing drill prog…
FNX, Dynatec table McCreedy West resource (February 24, 2003)
With production scheduled to begin in weeks, partners FNX Mining (FNX-T) and Dynatec (DY-T) have tabled resource es…
PT Inco triples earnings
Higher nickel prices allowed Inco’s (N-T) Indonesian subsidiary to triple its earnings in 2002 despite lower production numbers.PT Inco earned US$30.3 million (or US12 per share) for the year, on US$…
Editorial Cartoon (February 24, 2003)
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 …
Firm prices, fundamentals add value to nickel and tin markets
The following is the fourth in a series devoted to metals markets and was culled from Barclays Capital’s monthly report The Commodity Refiner. This week’s instalment looks at developments in nickel, t…
The Northern Miner — North American Mining Index (February 24, 2003)
72.32 (-2.63)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (February 24, 2003)
84.63 (-4.78)(Sept. 30/98 = 100)…
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…