Producer and Dealer Prices (September 02, 2002)
Antimony: Recent trades US$1,800-2,000/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-7.05/lb.Copper: Comex Dec US$0.6975/lb….
News
iPasin de Espaa?
One grows used to the odd misrepresentation by a politician, but to hear one so leavened with coarseness as a comment by Loyola de Palacio del Valle-Lersundi last month caught us by surprise.Ms. de Pa…
Disclosure policy benefits mining
The Canadian Securities Administrators recently adopted National Policy 51-201 — Disclosure Standards, which addresses concerns regarding selective disclosure. Selective disclosure occurs when a publ…
T.N.M. welcomes letters (September 02, 2002)
The Northern Miner welcomes letters to the editor on any article appearing in the paper or on any aspect of the mining industry. We reserve the right to edit letters for length or readability. Letters…
PEOPLE (September 02, 2002)
AfriOre — Stuart Comline appointed executive chairman; and Michael van Aswegen appointed president and CEO.Ledcor Industries — Mark Blakely appointed director of marketing.
Producers rise as broad market blows
The Toronto Stock Exchange composite index began the Aug. 21-27 report period on an upswing and stayed that way until the final day, when it reversed to 6,642.83 for a modest loss of 12.46 points over…
NAP’s Q2 earnings unchanged from 2001
Higher production in the second quarter translated into more revenue for North American Palladium (PDL-T), but earnings were little-changed from the corresponding period of 2001.NAP pocketed $7.5 mill…
Exchange Rates (September 02, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 27Aug. 26Aug. 23Aug. 22Aug. 21US$ in C$1.55201.55711.55581.5…
Canada’s Venture Exchange gains ground
Vancouver — Weak consumer confidence plus the threat of rising U.S. interest rates helped bolster the gold market over the week ended Aug. 27. The TSX Venture Exchange composite index tacked on 12.45…
Canadian Stock Exchange Indices (September 02, 2002)
DateAug. 27Aug. 26Aug. 23Aug. 22Aug. 21HighLowTSX Composite6642.836697.936614.346727.796664.91…
River Gold’s cash flow swells (September 02, 2002)
Despite lower production, River Gold Mines (RIV-T) posted a small profit of $105,957 (or nil per share) for the three months ended June 30.That compares with earnings of $739,150 (2 per share) in the…
Overproduction hurts mining
“Mining faces some of the most difficult challenges of any industry and is distrusted by many . . .” (T.N.M., Facts ‘n’ Figures, July 29-Aug. 4, 2002). In fact, the boot is on the other foot.The minin…