Pasminco workers walk off job
Almost 100 workers at the Elura zinc mine in eastern Australia have gone on strike over concerns of lost jobs and benefits if the operation is sold.The mine’s owner, Pasminco, is in talks to sell the …
Articles by Northern Miner Staff
Lending Rates (April 07, 2003)
as of 4 pm ET, Apr. 1, 2003(%)Bank of Canada3.25Canadian Prime4.75U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.28LIBOR US$ 6-month1.23LIBOR US$ 1-year1.28Gold lease 3-m…
Spot Prices Wednesday April 2, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$330.25+0.65Silver$4.40+0.02Platinum$640.00-4.00P…
People (April 07, 2003)
Diavik Diamond Mines — President and CEO Philip du Toit resigns.GoldSpring — John F. Cook appointed president; Les Cahan appointed treasurer.Magnum d’Or — Reno Calabrigo appointed pres…
The Northern Miner Indices (April 07, 2003)
North American Mining: 65.75 (+1.06)Small Producers: 56.80 (+2.38)(Sept. 30/98 = 100)…
Exchange Rates (April 07, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 1March 31March 28March 27March 26US$ in C$1.47261.46931.4678…
Northern Miner Indices (April 07, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…
LME Warehouse Levels (April 07, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 1 (change from March 25 in brackets):MetalStock(tonnes)ChangeAluminium1252775(-…
Producer and Dealer Prices (April 07, 2003)
Antimony: Mid-mkt US$2,500/t.Bismuth: Mid-mkt US$2.80/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$9.20-10.30/lb.Copper: Comex May US$0.7425/lb.Indium: Indium Corp., ingot, US$110/kg.Iridiu…
Daily Metal Prices (April 07, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 1March 31March 28March 27March 26Al Alloy1461…
Canadian Stock Exchange Indices (April 07, 2003)
DateApril 1March 31March 28March 27March 26HighLowTSX Composite6335.126343.296379.486353.44…
Forty Years Ago – April 1963
Falco has record earningsLargely because of additional investment income as a result of the merger with Ventures, the devaluation of the Canadian dollar, and lower writeoffs, Falconbridge Nickel Mines…