TVI pours gold at Canatuan in Philippines
Vancouver — TVI Pacific (TVI-T) has poured its first gold-silver dor bar at the rehabilitated Canatuan oxide plant in southwestern Philippines.The plant, operating at 50 tonnes per day, is initially…
Articles by Northern Miner Staff
Demand recovers after volatile period
The first few years of the millennium witnessed a volatile gallium market, according to a report from London-based Roskill Information Services.The authors of The Economics of Gallium report that afte…
Fire won’t affect Brunswick output: Noranda
Noranda says a fire in late January at the Brunswick lead-silver smelter in Belledune, N.B., will not affect production.The fire occurred in an isolated area of the complex that houses the silver refi…
Gov’t helps Inuit drilling firm
The federal government has given $100,000 to Inuit-owned Nuvumiut Drilling so it can buy prospecting and drilling equipment. The move is designed to allow the Inuit of Salluit and Kangiqsujuaq in far-…
Companies keep score on empowerment
A new system is allowing South African mining companies to monitor the sale of shares to black investors, the training and hiring of black staff, and purchases of goods and services from black-owned c…
People (February 03, 2003)
Apex Silver Mines — Igor Levental appointed VP of investor relations and corporate development.Cattron Theimeg — Frank Rudge appointed VP and managing director.Coeur D’Alene — James Sa…
Venture Exchange slips as gold dips
Vancouver — Canada’s junior exchange took a breather over the week ended Jan. 28. The S&P-TSX composite index slipped 8.99 points, or 0.8% of its value, to close at 1114.42.Quaterra Resources was the…
MOST ACTIVE ISSUES, JANUARY 22-28
ExchgVol(000s)HighLowCloseChangeSilverado*Q677770.530.210.30-0.28…
LME Warehouse Levels (February 03, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 28 (change from Jan. 21 in brackets):MetalStock(tonnes)ChangeAluminium1217775(-8…
Spot Prices Wednesday January 29, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$369.85+10.60Silver$4.85+0.02Platinum$649.00+1.00…
Lending Rates (February 03, 2003)
as of 4 pm ET, Jan. 28, 2003(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.34LIBOR US$ 6-month1.34LIBOR US$ 1-year1.42Gold lease 3-…
Daily Metal Prices (February 03, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 28Jan. 27Jan. 24Jan. 23Jan. 22Al Alloy1425/139…