Losses for Phelps Dodge
Vancouver — For the ninth-consecutive quarter, Phelps Dodge (PD-N) has failed to make a profit.The world’s second-largest copper producer incurred a net loss of US$15.2 million (or US21 per share) i…
Articles by Northern Miner Staff
South Africa produces less gold (August 04, 2003)
South African gold production in the first quarter of 2003, at 2,963,824.9 oz. was down 2.7% compared with the corresponding period of 2002. Moreover, production was down 6.8% from the quarter ended D…
Cambior pulls gold at Westwood
Drilling by Cambior (CBJ-T) at its Westwood property in northwestern Quebec has intersected gold mineralization at depth that appears to correlate with known zones at the Doyon gold mine, 2 km to the …
Daily Metal Prices (August 04, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 29July 28July 25July 24July 23Al Alloy1370/138…
LME Warehouse Levels (August 04, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 29 (change from July 22 in brackets):Aluminium1293825(+4000)Aluminium Alloy31880…
Trading Summary (August 01, 2003)
Trading on the Toronto Stock Exchange was heavy for a Friday heading into a long weekend, as the TSX Composite inde…
Currency exposure hits Gold Fields profit
Vancouver — South Africa’s third biggest gold producer posted a profit of US$93 million in the latest quarter, dow…
Virginia – BHP renew vows
Virginia Gold Mines (VIA-T) and BHP Billiton’s (BHP-N) diamond exploration arm have signed a third strategic agre…
Diadem doubles its Otish Mountain portfolio
Diadem Resources (DIR-V) has agreed to acquire some 1,552 staked claims covering around 810-sq.-km in the Otish Mou…
Trading Summary (July 31, 2003)
The Toronto Stock Exchange ended 52.93 points higher at 7,257.92 on Thursday with all but one of its subindices fin…
Agnico-Eagle buys Bousquet assets (July 31, 2003)
Agnico-Eagle Mines (AGE-T) is buying a 100% interest in Barrick Gold’s (ABX-T) Bousquet gold property, situated imm…
AngloGold hit by currency exposure (July 31, 2003)
Vancouver — South Africa’s biggest gold producer continued to feel the impact of a falling US dollar during the se…