Shahuindo suit heads to Lima (November 17, 2003)
Peru’s Supreme Court has ruled a lower court judge to be legally incompetent, and has voided a previous decision fa…
Articles by Northern Miner Staff
Kolwezi deal formalized
America Mineral Fields (AMZ-T) is another step closer to developing the Kolwezi cobalt-copper tailings project in t…
Richmont buys Nfld. properties
The first of a pair of recently inked deals will see Richmont Mines (RIC-T) add to its portfolio in the up residenc…
Trading Summary (November 17, 2003)
Toronto’s gold index slipped just 0.03 of a point to 218.17 despite a US$6.50-per-oz. slide by gold to US$390.80 pe…
Orezone cuts prospect at Essakan
Ongoing rapid-air-blast drilling by Orezone Resources (ORZ-T) has turned up a new gold prospect at the Essakan property in Burkina Faso, West Africa.The prospect, which overlies the Soka gold anomaly,…
The Northern Miner Indices (November 17, 2003)
North American Mining: 96.72 (-3.68)Small Producers: 89.80 (-1.98)(Sept. 30/98 = 100)…
Miners stage retreat
After running up in mid-week action, the Dow Jones Industrial Average closed the Nov. 5-11 report period 83.04 points lower at 9,737.79, while the Standard & Poor’s 500 index shed 5.24 points to make …
Bendigo moves to plan B
Australian-based Bendigo Mining is seeking alternative financing arrangements for its New Bendigo project under the assumption that the 360 million options it granted to Harmony Gold (hmy-n) will not …
Lending Rates (November 17, 2003)
as of 4 pm ET, Nov. 11, 2003(%)Bank of Canada3.00Target overnight rate2.75Canadian Prime4.50U.S. Discount Primary2.00U.S. Fed Funds market rate1.00U.S. Prime4.00LIBOR US$ 3-month1.18LIBOR US$ …
Northern Miner Indices (November 17, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T17.1%CamecoCCO-T3.3%FalconbridgeFL-T5.0%Freeport McM BFCX-N8.2%GoldcorpG-T4.3%IncoN-T8.7%Kinross GoldK-T4.3%Newmont MiningNEM…
TSE slides as precious metals fly
Except for the last day, buyers outpaced sellers over the Nov. 5-11 report period, but not enough to overcome last minute profit-taking. The Toronto Stock Exchange composite index finished the period …
Canadian Stock Exchange Indices (November 17, 2003)
DateNov. 10Nov. 7Nov. 6Nov. 5Nov. 4HighLowTSX Composite7815.46…