Novicourt’s earnings fall
Noranda (NRD-T) subsidiary Novicourt (NOV-T) posted lower net earnings of $600,000 (or 2 per share) for the fourth…
News
Crystallex records record production
During 2001, Crystallex International (KRY-T) enjoyed its best year of gold production since beginning mining opera…
Trading Summary (February 25, 2002)
The gold issues picked up where they left off last week shedding another 69.49 points to 5,927.64 to lead the way f…
Pan American Silver eyes Manantial Espejo (February 25, 2002)
Vancouver — The development of the Manantial Espejo silver-gold project has moved a step closer to reality as Silv…
Glamis enjoys record production
Reno, Nevada-based Glamis Gold (GLG-T) has posted fourth-quarter earnings of US$2.8 million and record gold product…
General Minerals extends Atocha mineralization (February 25, 2002)
Recent surface channel sampling by General Minerals (GNM-T) along strike from the A10 test mine site at the high gr…
Cambior back in black
Despite a US$5.4-million, fourth-quarter writedown related to its Omai gold mine in Guyana, Montreal-based Cambior…
De Beers saw diamond sales shrink in 2001
De Beers saw its profits halved in 2001 as the global economic downturn took its toll on rough diamond sales.The major’s core business is the mining and marketing of rough gem diamonds. Hampered by th…
Partrician raises cash
Junior Patrician Consolidated Gold Mines (PXC-V) has raised $400,000 through a private placement financing.The Ottawa-based company issued 2 million units at 20 apiece. A unit consists of a share and…
News – 25-FEB-02
Short-term prospects dim in mineral commodity markets
It’s annual-report season, and given the difficult trading conditions of late, it isn’t surprising that many companies are reporting mixed results. What is cause for concern, however, is that most min…
Gold Funds (February 25, 2002)
Gold Funds as of February 14 2002Dundee Precious MetalsCentral FundNet Value$18.26$5.76Price$13.90$5.87…