People (November 03, 2003)
Tan Range — Rosalind Morrow and Ulrich Rath appointed directors.Titanium Metals — Gary Hutchison appointed director.Glencairn — Robert Byrd appointed head of Nicaraguan operations.
Articles by Northern Miner Staff
Hatch engineer wins Sherritt award
An engineer with Mississauga, Ont.-based Hatch has won the 2003 Sherritt Hydrometallurgy Award, presented by the Metallurgical Society of the Canadian Institute of Mining, Metallurgy and Petroleum.Kev…
Greenland to get its first gold mine
London-based Crew Development (CRU-T) is just months away from opening its high-grade Nalunaq mine, which will rank as Greenland’s first-ever gold mine and the first new mine on the island in 25 years…
Producer and Dealer Prices (November 03, 2003)
Antimony: Mid-mkt US$2,100/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$10.00-11.10/lb.Copper: Comex Dec. US$0.904/lb.Indium: Indium Corp., ingot, US$180/k…
Band-Ore cuts more gold at Thorne (November 03, 2003)
Ongoing drilling at the Thorne gold property in Timmins, Ont., has returned encouraging results to Band-Ore Resources (BAN-T).The junior explorer has sunk seven more holes in the No. 7 zone, discovery…
Goldcorp cashes in on gold rally
Higher gold prices and a slew of encouraging earnings reports augured well for Canadian producers over the Oct. 21-28 report period. The Toronto Stock Exchange’s gold sub-group climbed 10.71 points to…
DRD gains 20% of Porgera
South African-based Durban Roodepoort Deep (DROOY-Q) has agreed to acquire Australian-listed Oil Search’s 20% interest in the 760,000-oz.-per-year Porgera gold mine in Papua New Guinea, for US$73.8 mi…
Exchange Rates (November 03, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 27Oct. 24Oct. 23Oct. 22Oct. 21US$ in C$…
South Atlantic eyes Swedish IOCG
A new copper-gold discovery has prompted South Atlantic Ventures (SAA-V) to increase the size of its exploration portfolio in Sweden’s Kiruna mining district.The Kiruna region is famous for the huge a…
Rising Canadian dollar affects Cambior
The combination of a stronger Canadian dollar and lower gold production hampered third-quarter earnings for Cambior (CBJ-T).The company’s profits slipped to US$700,000 (or nil per share) on revenue of…
Editorial Cartoon (November 03, 2003)
The Benighted right
It took a long time, and the sacrifice of at least three party leaders, to bring about a merger between the Progressive Conservative and Canadian Alliance parties. Now that Stephen Harper and Peter Mc…