Pyhasalmi saves Inmet
Facing ground problems at its Cayeli mine in Turkey and difficulties in shipping concentrates from Ok Tedi in Papua New Guinea, Inmet Mining (IMN-T) still turned a fourth-quarter profit, thanks to goo…
News
Fragmented securities regulation bad for Canada One law, one day?
The political scientist Eugene Forsey (1904-1991) — one of the few people ever able to turn a discussion about tax points into a vivid tableau — once suggested that a suitable flag for Canada would …
Brief encourages innovation
A brief submitted to Industry Canada in the fall of 2002 by the Prospectors & Developers Association of Canada (PDAC) promotes the mineral exploration industry as a leader in innovation and urges the …
Teamwork led to Kudz Ze Kayah
I would like to clarify some details in your article on the awarding of the “Spud” Huestis award by the British Columbia and Yukon Chamber of Mines (T.N.M., Jan. 20-26/03).The article says it was my c…
Aussie gold index adds five companies
Five Australian gold producers have been added to the Australian Gold Council/Macquarie Gold Index.Oxiana Resources, Sino Gold, Dalrymple Resources, Dominion Mining and the recently listed MPI Mines j…
Grasberg’s success now pays dividends
Vancouver — A strong operating performance from the mighty Grasberg mine in Indonesia has prompted Freeport-McMoRan Copper & Gold (FCX-N) to pay shareholders a dividend for the first time since 1998….
Less land than stated
The Partnership for Public Lands was formed in 1997 as a joint effort of the Federation of Ontario Naturalists, the Canadian Parks and Wilderness Society, the Wilderness League, and World Wildlife Fun…
LME Warehouse Levels (February 17, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 11 (change from Feb. 4 in brackets):MetalStock(tonnes)ChangeAluminium1196200(+80…
People (February 17, 2003)
Barrick Gold — Gregory Wilkens appointed president and CEO replacing Randall Oliphant.Algoma Steel — Alexander Adam retired from board of directors.McKenzie Bay International — John Sa…
MOST ACTIVE ISSUES, FEB. 5-11
ExchgVol(000s)HighLowCloseChangeKinross GoldT3357612.0810.4511.55-0.45…
Exchange Rates (February 17, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 11Feb. 10Feb. 7Feb. 6Feb. 5US$ in C$1.53011.53111.52111.5215…
Producer and Dealer Prices (February 17, 2003)
Antimony: Mid-mkt US$2,200/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.65/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.35-8.00/lb.Copper: Comex Mar US$0.7755/lb.Indium: Indi…