Alcoa cited by Hungarian mag
A Hungarian business magazine has given its “corporate citizenship” award to the Alcoa-Kofem fabricated aluminum plant in Szekesfehervar for its work in the local community.Figyelo magazine commends A…
News
Most Russians survive ordeal
Eleven of the 13 men trapped in a flooded mine in southern Russian have survived the 6-day ordeal. Of the two remaining miners: one has died, and the other is missing.As many as 800 rescuers dug throu…
From cook to crazy
The following is the second of three excerpts from Quin Kola: Tom Payne’s Search for Gold. The book is published by Crossfield Publishing in Okotoks, Alta. Copies are available for $25 at CSPG.org or …
World Bank urged to axe development program Plenty of paradoxes
The Commodity Curse people are at it again, this time in pressuring the World Bank and its associated agencies — the International Finance Corporation and the Multilateral Investment Guarantee Agency…
bcMetals banks $5m for Red Chris project
Vancouver — In the midst of an aggressive drill campaign at the historic Red Chris copper-gold project in northwestern British Columbia, bcMetals (C-V) has added $5.25 million to its coffers through …
Barrick buys into QGX (November 10, 2003)
Barrick Gold is joining the Mongolian gold rush by acquiring a 9.5% interest in Waterdown, Ont.-based junior QGX (QGX-V).The major has signed on for 3 million QGX shares priced at $4 apiece, a hefty d…
Junior exchange soars to new highs
Vancouver — Canada’s junior exchange surged forward over the week ended Nov. 4 as resource stocks continued to spark investor interest. The S&P-TSX Venture Exchange composite index rose 92.8 points, …
Mustang unearths nickel showing near Timmins
Follow-up stripping of an electromagnetic anomaly has revealed a rich-nickel showing at the Bannockburn property, about 100 km southeast of Timmins, Ont.Mustang Minerals (MUM-V), which can earn a 100%…
Daily Metal Prices (November 10, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 3Oct. 31Oct. 30Oct. 29Oct. 28Al Alloy1390/1406…
Low palladium prices hamper Stillwater
Lower palladium prices have forced Stillwater Mining (SWC-N) to record a loss of US$1.6 million for the three months ended Sept. 30.The US2-per-share slump came on revenue of US$58.2 million and comp…
Spot Prices Tuesday, Nov. 4, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$378.30-8.25Silver$4.93-0.22Platinum$742.00-5.00P…
The Northern Miner Indices (November 10, 2003)
North American Mining: 100.40 (+6.23)Small Producers: 91.78 (+2.71)(Sept. 30/98 = 100)…