Broad market surrenders to war as golds rebound
Shell-shocked investors stripped another 49.49 points off the S&P/TSX composite index over the March 26-April 1 report period as the war in Iraq dragged on. The benchmark finished the period at 6,335….
Articles by Northern Miner Staff
Junior market follows war trends
Vancouver — Canada’s junior exchange earned back some of last week’s losses as American and British forces moved closer to Baghdad during the week ended April 1. The S&P-TSX Venture Exchange composit…
Crystallex tallies Las Cristinas reserves (April 07, 2003)
Vancouver — Crystallex International (KRY-T) has tabled a new reserve estimate for the long-stalled Las Cristinas gold project in southeastern Venezuela.An independent study by Reno, Nev.-based Mine …
Newmont sees profits surge in 2002 (April 07, 2003)
Newmont Mining (NEW-N) improved its bottom line dramatically in 2002, thanks to rising gold prices and the inclusion of revenues gained though its February 2002 merger with Normandy Mining and Franco-…
Inmet ups reserve at Troilus (April 07, 2003)
Additional drilling and re-assessment of the operating conditions at the Troilus gold mine in north-central Quebec have extended the life of the mine a further four years, says owner Inmet Mining (IMN…
Most Montanans don’t support I-137: poll
Fifty-eight per cent of Montana voters would support efforts to modify or overturn I-137, the law passed in 1998 that bans the use of cyanide in open-pit gold and silver mining, according to a poll fi…
Meridian slams brakes at Argentine project (April 07, 2003)
Following a non-binding referendum in which the citizens of Esquel, Argentina, voted overwhelmingly against development of the Esquel gold project, Meridian Gold (MNG-T) has suspended plans to build a…
Spot Prices Wednesday April 2, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$330.25+0.65Silver$4.40+0.02Platinum$640.00-4.00P…
Northern Miner Indices (April 07, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…
Daily Metal Prices (April 07, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ 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…