The Northern Miner — Small Producers Index (November 18, 2002)
80.30 (+5.91)(Sept. 30/98 = 100)…
News
The Northern Miner — North American Mining Index (November 18, 2002)
69.77 (-1.12)(Sept. 30/98 = 100)…
PDAC, BCSC co-host workshop
The Prospectors & Developers Association of Canada and the British Columbia Securities Commission are hosting a discussion of the new Continuous Market Access system.The Continuous Market Access syste…
A blank cheque for waste
In early 2000, we noted that smelters in western North America that generated their own electricity were making more money from selling power than they were from selling metal.Looks like they may get …
Editorial Cartoon (November 18, 2002)
Higher output gives Hecla boost
Vancouver — A combination of higher production and lower costs propelled Hecla Mining (HL-N) into profitability during the third quarter.The Idaho-based miner earned US$1.5 million (or US2 per share…
Kikerk Lake returns promising stones
A delineation hole confirming the dyke-like nature of the Stellaria kimberlite on the Kikerk Lake joint-venture property in the Coronation Gulf region of Nunavut has yielded a modest microdiamond coun…
De Beers finds base metals in northern Ontario
When it comes to new discoveries, expect the unexpected.While exploring for diamonds in the western James Bay Lowlands of northern Ontario, De Beers stumbled across some sulphide mineralization on gro…
Glamis doubles Marlin resource
Halfway through a US$3-million drilling campaign, Glamis Gold (GLG-T) has more than doubled the resource of the Marlin gold-silver project in western Guatemala, expanding it to 3.3 million oz. gold-eq…
Royal sees revenues rise on Pipeline production
A 2.6% increase in the sliding-scale royalty on production from the Pipeline operation in Nevada resulted in higher third-quarter revenue for Denver-based Royal Gold (RGL-T).The gold royalty company s…
Newmont still firmly in the black
Higher sales volumes and metal prices enabled Newmont Mining (NEM-N) to post its second profitable quarter as the world’s largest gold producer.Newmont earned US$24 million, or US6 per share, in the …
Coeur outlines more silver at Martha
Reverse-circulation drilling by Coeur d’Alene Mines (CDE-N) has increased the resource at the Martha silver mine in Santa Cruz province, Argentina, by about a quarter.The new resources are along strik…