Head-scratching
The puzzle ring is an enduring and attractive novelty: gold rings, linked together, that intertwine to form a single complex piece; and a neat symbol for the present gold market.It is a neat symbol be…
Articles by Northern Miner Staff
St. Jude cuts high-grade gold at South Benso (March 24, 2003)
Vancouver — St. Jude Resources (sjd-v) has discovered a new high-grade gold zone at the South Benso concession in Ghana, West Africa.The discovery hole at the G zone cut 42 metres grading 6.9 grams g…
Producer and Dealer Prices (March 24, 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$8.25-10.20/lb.Copper: Comex May US$0.7645/lb.Indium: Indium Corp., ingot, US$110/kg.Iridiu…
Canadian Stock Exchange Indices (March 24, 2003)
DateMarch 18March 17March 14March 13March 12HighLowTSX Composite6438.616406.636304.496295.446…
Junior exchange uneasy as war looms.
Vancouver — Canada’s junior exchange braced itself for war over the week ended March 18. The S&P-TSX Venture Exchange composite index slipped 9.94 points, or 0.92% of its value, and closed at 1,062.0…
Codelco chooses remote controlled mining system
Corporacin Nacional del Cobre de Chile (Codelco) will employ Sandvik Tamrock’s AutoMine system at the El Teniente underground mine as part of a plan to double that operation’s market capitalization f…
TSX-V MOST ACTIVE ISSUES (March 24, 2003)
ExchgVol(000s) High Low Close ChangeDoublestar ResV16910.570.460.57+0.10…
South Atlantic updates Storliden reserves
Vancouver — An independent consultant has tabled an updated reserve estimate for the Storliden copper-zinc mine in northern Sweden. The mine is owned by North Atlantic Natural Resources, the 38%-owne…
People (March 24, 2003)
Alcan — Denis Desautels and Milton Wong selected as candidates for election to board of directors.Alcoa — Mohammad Zaidi appointed chief technical officer.Arch Coal — Bennett Hatfield…
NYSE MOST ACTIVE ISSUES (March 24, 2003)
ExchgVol(000s) High Low Close ChangeAlcoa*N991221.2919.8021.14+1.26…
Lending Rates (March 24, 2003)
as of 4 pm ET, Mar. 18, 2003(%)Bank of Canada3.25Canadian Prime4.75U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.27LIBOR US$ 6-month1.24LIBOR US$ 1-year1.36Gold lease 3-…
Alcoa inks smelter deal
Alcoa has signed a 40-year agreement with Landsvirkjun, Iceland’s national power company, to build a $1.1-billion aluminum smelter.The plant, which has a planned capacity of 322,000 metric tons per ye…