McWatters eyes $25m for Val d’Or deals
McWatters Mining (MWA-T) has agreed to sell 125 million shares for 20 apiece to a syndicate of underwriters led by National Bank Financial. The deal will raise $25 million in proceeds.McWatters will …
Articles by Northern Miner Staff
MuchBudget: a vote or a video?
“By Levying Money for and to the Use of the Crowne by pretence of Prerogative for other time and in other manner than the same was granted by Parlyament . . . utterly and directly contrary to the know…
Northern Dynasty boosts Pebble resource
Vancouver — An independent resource estimate tabled by Northern Dynasty Minerals (NDM-V) has enhanced the economic potential of the Pebble gold-copper-molybdenum project in southwestern Alaska.The st…
Meridian slams brakes at Argentine project (April 07, 2003)
Following a non-binding referendum in which the citizens of Esquel, Argentina, voted overwhelmingly against development of the Esquel gold project, Meridian Gold (MNG-T) has suspended plans to build a…
Spot Prices Wednesday April 2, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$330.25+0.65Silver$4.40+0.02Platinum$640.00-4.00P…
Brunswick employees ratify 3-year contract
Employees at the Brunswick lead-zinc smelter in Belledune, N.B., have voted 69% in favour of a 3-year collective agreement that contains no wage increases and will see the smelter shut down for four m…
Inco wins energy efficiency award
Inco has won an award from the federal government for reducing greenhouse gases and conserving evergy at its operations in Copper Cliff, Ont.The reductions were achieved as a result of ideas submitted…
PGM Ltd. cuts UG-2 at Elandsfontein
Vancouver — Drilling at Platinum Group Metals’ (PTM-V) Elandsfontein property in South Africa has intercepted the UG-2 platinum reef at shallow depths.Four drill holes cut the reef at depths of less …
Northern Miner Indices (April 07, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…
Daily Metal Prices (April 07, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ 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…