Daily Metal Prices (February 17, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 11Feb. 10Feb. 7Feb. 6Feb. 5Al Alloy1485/1430…
Articles by Northern Miner Staff
Bullion bearish on Venture Exchange
Vancouver — A slump in the price of bullion dragged down Canada’s junior exchange over the week ended Feb. 11. The S&P-TSX Venture Exchange composite index shed 35.54 points, or 3.45% of its value, t…
Top head rolls at Barrick
Looks like someone finally had to pay for Barrick Gold’s pitiful share performance over the past year and half: President and CEO Randall Oliphant was briskly frog-marched off the plank by Barrick’s b…
Gold, silver stocks take a beating
Gold’s recent volatility proved to be a double-edged sword over the period ending Feb. 11, as the yellow metal tumbled more than US$20 to trade in the low US$360-per-oz. range.The gold majors made a h…
Market volatility will likely bolster gold price further
The Northern Miner asked several followers of the junior mining sector for their stock recommendations for 2003. In this, the last of three instalments, we asked newsletter publishers Paul van Eeden a…
Spot Prices Wednesday February 12, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$363.15-21.85Silver$4.57-0.36Platinum$692.00+3.00…
Canadian Stock Exchange Indices (February 17, 2003)
DateFeb. 11Feb. 10Feb. 7Feb. 6Feb. 5HighLowTSX Composit…
Falconbridge soars
Falconbridge (FL-T) recorded hefty profits for both the fourth quarter and 2002.The company earned $73 million (or 34 per share) in 2002 on revenue of $2.4 billion, compared with earnings of $16 mill…
Editorial Cartoon (February 17, 2003)
Pyhasalmi saves Inmet
Facing ground problems at its Cayeli mine in Turkey and difficulties in shipping concentrates from Ok Tedi in Papua New Guinea, Inmet Mining (IMN-T) still turned a fourth-quarter profit, thanks to goo…
Fragmented securities regulation bad for Canada One law, one day?
The political scientist Eugene Forsey (1904-1991) — one of the few people ever able to turn a discussion about tax points into a vivid tableau — once suggested that a suitable flag for Canada would …
Trading Summary (February 14, 2003)
The market was Blixed into a rally early on Friday, when the avuncular alopecic in charge of United Nations arms in…