AngloGold sees output rise
In a surprisingly strong third quarter, South Africa’s AngloGold (AU-N) managed to boost both its gold production and earnings while keeping a lid on costs.For the period ended Sept. 30, AngloGold pos…
News
MOST ACTIVE ISSUES, NOV. 20-26
ExchgVol(000s)HighLowCloseChangeAsia Pac Res*Q243120.060.040.050.00…
GREATEST VALUE TRADED, NOV. 20-26
ExchgVal($000s)HighLowCloseChangeAlcoa*N41454225.1622.2824.50+1.96…
Producer and Dealer Prices (December 02, 2002)
Antimony: Mid-mkt US$2,850/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.55/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.25-6.90/lb.Copper: Comex Mar US$0.7375/lb.
Golds lower in lacklustre market
The Toronto Stock Exchange made another half-hearted effort at climbing during the report period Nov. 20-25, but the rally ran out of steam on Nov. 26, leaving the TSX composite index at 6,477.77, up …
Peruvian find bears witness to Barrick’s grassroots thrust
The discovery of the 7.3-million-oz. Lagunas Norte deposit in northern Peru testifies to the success of Barrick Gold’s (ABX-T) new focus on grassroots exploration.The deposit is part of the Alto Chica…
Correction (December 02, 2002)
An article on the third-quarter results of Black Hawk Mining ( ) (T.N.M., Nov. 25/02) identified mineralized zones in the Santa Rosa area, south of the Limon mine in Nicaragua, as “steep-dipping veins…
Editorial Cartoon (December 02, 2002)
Zircons and the zeitgeist
It has come to light that the Royal Ontario Museum plans to close the Jack Satterly Geochronology Laboratory, part of its Department of Earth Sciences.The lab, which bears the name of one of the giant…
Mud slide kills one at Antamina
A mudslide in early November at the Antamina copper-zinc mine in Peru has claimed the life of one employee of Compania Minera Antamina.The 240,000-cubic-metre slide also covered several pieces of heav…
Chihuahua lures Anglo
Vancouver — Looking to gain a foothold in Mexico’s Chihuahua state, Anglo American (AAUK-Q) has teamed with Western Copper Holdings (WTC-T) to explore 145 sq. km in the historic Almoloya zinc-lead-si…
Russian bear ambles into Stillwater, Montana
Operational setbacks and a precipitous drop in palladium prices have prompted cash-strapped Stillwater Mining (SWC-N) to ponder the unthinkable and become a subsidiary to the world’s largest palladium…