Expansion starts at Alouette smelter
The Alouette aluminum smelter complex in Sept-les, Que., is undergoing a $1.4-billion expansion.The refurbished plant is slated to cast the first aluminum ingot in February 2005. Annual production is…
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Mapping in the Sonoma Range, 1939
In the summer of 1939, I boarded a bus for Nevada, where I had accepted a position as junior geologist in the metals branch of the United States Geological Survey (USGS) under D.F. Hewett.My first ass…
Exchange Rates (October 21, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 15Oct. 14Oct. 11Oct. 10Oct. 9US$ in C$1.5855Holiday1.58881.5…
Canadian Stock Exchange Indices (October 21, 2002)
DateOct. 15Oct. 14Oct. 11Oct. 10Oct. 9HighLowTSX Composite6219.44Holiday5978.665812.855…
Producer and Dealer Prices (October 21, 2002)
Antimony: Recent trades US$3,200-3,300/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.32/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.00-6.80/lb.Copper: Comex Dec US$0.6…
Lending Rates (October 21, 2002)
as of 4 pm ET, Oct. 15, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.82LIBOR US$ 6-month1.82LIBOR US$ 1-year1.95Gold lease 3-month0.42Gold leas…
The Northern Miner — Small Producers Index (October 21, 2002)
66.80 (-1.72)(Sept. 30/98 = 100)…
The Northern Miner — North American Mining Index (October 21, 2002)
65.44 (-0.20)(Sept. 30/98 = 100)…
Markets stage stunning rally
The period ending Oct. 15 saw a dramatic surge in the broad U.S. markets, with both the Dow Jones Industrial Average and the S&P 500 index surging more than 10% to 8,255.68 and 881.27 points, respecti…
Partners pursue copper bioleaching project
A Canadian industrial holdings group has joined the joint venture consisting of Canadian-Australian junior BacTech Enviromet (YBA-V), South African metallurgical researcher Mintek and Mexican mining h…
Manhattan eyes financing (October 21, 2002)
Subject to regulatory approval, Manhattan Minerals (MAN-T) will privately raise $2.5 million for its Tambo Grande polymetallic project in Peru.An independent feasibility of the property is under way; …
Explorers ride silver wave in Mexico
Vancouver — Latin American massive sulphide deposits have emerged from the shadows over the past decade, and explorers, despite facing historically low base metal prices, continue to advance discover…