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…
News
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….
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…
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 …
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 …
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…
Editorial Cartoon (February 17, 2003)
Falconbridge soars
Falconbridge (FL-T) recorded hefty profits for both the fourth quarter and 2002.The company earned $73 million (or 34 per share) in 2002 on revenue of $2.4 billion, compared with earnings of $16 mill…
Gold, silver stocks take a beating
Gold’s recent volatility proved to be a double-edged sword over the period ending Feb. 11, as the yellow metal tumbled more than US$20 to trade in the low US$360-per-oz. range.The gold majors made a h…
Bullion bearish on Venture Exchange
Vancouver — A slump in the price of bullion dragged down Canada’s junior exchange over the week ended Feb. 11. The S&P-TSX Venture Exchange composite index shed 35.54 points, or 3.45% of its value, t…
Trading Summary (February 14, 2003)
The market was Blixed into a rally early on Friday, when the avuncular alopecic in charge of United Nations arms in…
South-Malartic extends high-grade shoot at Croinor
Junior South-Malartic Exploration (MSU-V) has exteded a high-grade shoot at its Croinor gold project near Val d’Or,…