Recovery concerns grow
The U.S. economy is entering a critical period. Confidence in the recovery has begun to wane, economic data have failed to provide a completely comprehensive and convincing picture, and even better-th…
Articles by Northern Miner Staff
More water, more options for Alcan smelter
A higher-than-usual accumulation of snow at Alcan’s smelter in British Columbia has provided the aluminum giant with some interesting options.These include storing the water for future use, or selling…
US producers mixed over gold rally
Despite a rally in bullion prices, U.S. gold producers were a mixed bag during the April 24-30 report period.Newmont Mining dove US73 to US$28.51 on a volume of 19.4 million shares, whereas AngloGold…
Spot Prices Wed. May 1, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$308.30+$3.80Silver$ 4.54-$0.04Platinum$523.00-$…
Revenue, earnings down at SPCC
First-quarter earnings at Southern Peru Copper (PCU-N) were weaker on lower production and lower realized copper prices. For the quarter ended March 31, the company earned US$6.4 million on revenues o…
Northern Miner Indices (May 06, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…
Editorial: Tales of the bubble
Last week, we examined some proposals to improve the quality and integrity of financial advice available to the public. While it has been suggested that the investing public will pay for good advice, …
Lending Rates (May 06, 2002)
as of 4 pm ET, April 30, 2002(%)Bank of Canada2.50Canadian Prime4.00U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.92LIBOR US$ 6-month2.12LIBOR US$ 1-year2.63Gold lease 3-month0.37Gold lea…
The Northern Miner — North American Mining Index (May 06, 2002)
84.52 (-0.98)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (May 06, 2002)
84.05 (+4.83)(Sept. 30/98 = 100)…
Daily Metal Prices (May 06, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 30April 29April 26April 25April 24Aluminium13…
MOST ACTIVE ISSUES, APRIL 24-30
ExchgVol(000s)HighLowCloseChangeTVX GoldT355901.341.081.30+0.21…