Sherritt Partnership adds coal to fire
Faced with a revised takeover bid by the Sherritt Coal Partnership II, Calgary-based Fording (FDG-T) has postponed until Jan. 3 its special shareholders’ meeting originally slated for Dec. 20.Fording’…
News
Nevsun intensifies efforts in Mali
Vancouver — Buoyed by a surging gold price, junior Nevsun Resources (NSU-T) is wasting no time advancing its two promising projects in Mali, West Africa.The junior ventured into the region back in 19…
Green light flashes for Tulsequah Chief
Vancouver — The government of British Columbia has finally issued a project approval certificate to Redcorp Venture’s (RDV-T) Tulsequah Chief project in the province’s northwestern region.The approva…
People (December 23, 2002)
Argosy Minerals — John Nicholls appointed director.Cameco — Terry Rogers appointed senior vice-president and chief operating officer.Lydia Diamond — Jeremy Brett appointed director and president.St…
Democrats better off without 2000 baggage Gore no more
Speaking in the congenial confines of the Columbia Broadcasting System’s current-affairs program 60 Minutes, Albert Gore Jr. has stated he won’t be a candidate for the presidency of the United States …
Sustainable development in Asia
What would the world be like if Asia — the most populous, the most dynamic quadrant of the globe — were to fail in making the transition to a sustainable lifestyle?I would argue that there can’t be …
Silver producers jostle for investors’ attention
At the Autumn Precious Metals Seminar, held recently in Toronto and co-sponsored by the Silver Institute and Gold Fields Mineral Services, representatives of five North American silver producers gave …
Barrick to open up Andean gold district
To jump-start development of a 39-million-oz. gold district in the high Andes along the border between northern Argentina and Chile, Barrick Gold (ABX-T) has committed to spending about US$425 million…
The Northern Miner — North American Mining Index (December 23, 2002)
74.23 (+4.64)(Sept. 30/98 = 100)…
GREATEST VALUE TRADED, DEC. 11-17
ExchgVal($000s)HighLowCloseChangeGoldcorp*N1230013.5910.9212.48+1.63…
Gold glitters on junior exchange (December 23, 2002)
Vancouver — Gold issues helped Canada’s junior exchange break the 1,000 mark on the S&P composite index over the week ended Dec. 17. The Venture Exchange index rocketed 35.56 points, or 3.68% of its …
Producer and Dealer Prices (December 23, 2002)
Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.57/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-6.70/lb.Copper: Comex Mar US$0.732/lb.