Trading Summary (February 17, 2003)
The Toronto market moved up again on Monday, with the TSX Composite index gaining 76.98 points to close at 6,564.11…
Articles by Northern Miner Staff
Gold Fields eyes Nunavut gold belt (February 17, 2003)
Vancouver Gold Fields (GFI-N) has inked a letter of intent with Committee Bay Resources (CBR-V) paving the way fo…
Curator to bid for Royal County
Vancouver Lundin-led International Curator Resources (IC-V) plans to make an offer to acquire all the shares of R…
PT Inco triples earnings despite constrained production
Higher nickel prices allowed Inco’s (N-T) 59%-owned Indonesian subsidiary PT Inco to triple its earnings in 2002 de…
Geomaque losses shrink in 2002 (February 17, 2003)
Though still deep in the red, Geomaque Explorations (GEO-T) lost half as much in 2002 as in the previous year, than…
Inco aims to sustain record output of PGMs
While it has benefited strongly from higher nickel and copper prices of late, Inco (N-T) expects platinum group metals (PGMs) to remain a valuable byproduct at its operations.At its flagship Sudbury o…
Producer and Dealer Prices (February 17, 2003)
Antimony: Mid-mkt US$2,200/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.65/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.35-8.00/lb.Copper: Comex Mar US$0.7755/lb.Indium: Indi…
Glamis unloads Cerro San Pedro stake
Glamis Gold (GLG-T) will sell its half interest in the Cerro San Pedro gold-silver project in Mexico to equal partner Metallica Resources (MR-T) for US$18 million.Metallica will pay US$2 million on cl…
Study underscores Sustut’s potential
Vancouver — A new resource estimate enhances the economic potential of the Sustut copper deposit, 65 km north of the Kemess gold-copper mine in north-central British Columbia.Partners Northgate Explo…
Daily Metal Prices (February 17, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 11Feb. 10Feb. 7Feb. 6Feb. 5Al Alloy1485/1430…
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…
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…