Trading Summary (January 06, 2003)
Toronto’s Gold Index dropped 3.16 points to finish Monday’s session at 202.07 as the yellow metal came off an early…
News
Robert McEwen our Man of the Year
The Northern Miner’s Man of the Year in 2002, Rob McEwen of Goldcorp (G-T), has probably squeezed more shareholder value out of a small number of assets than anyone else in the gold business.McEwen, a…
2002 marked by further consolidation
It did not feel as momentous as 2000 or 2001, when we saw the creation of several global mining giants, but 2002 was full of smaller-sized mergers, particularly in the precious metals sector.Among the…
Editorial Cartoons
People (January 06, 2003)
Richmont Mines — Louis Dionne appointed president and CEO.Lakefield Minerals — William Urseth appointed president.AXMIN — Peter Lehner resigned as director.Tenke Mining…
Barrick stands out among explorers in 2002
‘Tis the season to be repetitive.New precious and base metals discoveries all but failed to make headlines in 2002, with most explorers remaining firmly attached to known deposits. Still, the tactic w…
The Northern Miner — North American Mining Index (January 06, 2003)
77.06 (+2.98)(Sept. 30/98 = 100)…
Gold and diamonds took spotlight in 2002
Vancouver — Market-watchers are optimistic the resurgence in the price of gold will help transform prospective properties into producing mines over the next few years.During 2002, Canadian companies …
The Northern Miner — Small Producers Index (January 06, 2003)
96.17 (+12.77)(Sept. 30/98 = 100)…
GREATEST VALUE TRADED, DEC. 23-27
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N28053530.1528.6529.73+1.12…
Radius reports hot holes in Guatemala
Vancouver — Drilling at the Holly prospect in eastern Guatemala confirms the presence of low-sulphidation, high-grade gold and silver veins, as well as bulk-style disseminated gold mineralization.The…
Gold a safe haven once again, or so it seems Where the trouble ain’t
With gold touching US$350 per oz. on Boxing Day, we seem to be seeing the revival of the old relationship between the gold price and international tension. The old “safe haven” explanations for the me…