Northern Miner Indices (April 22, 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…
Articles by Northern Miner Staff
TSE up on recovery news
The Toronto Stock Exchange moved higher over the report period April 10-16, on news of improving economic fundamentals. Even a quarter-point rate hike by the Bank of Canada on the final day didn’t sto…
Calgary forum looks at Athabasca deposits
The annual Calgary Mining Forum will be held April 24-25 at that city’s Ramada Downtown Hotel. The event will include technical sessions on exploration for diamonds in western Canada and on genetic an…
Nevada third-largest gold producer
In 2001, the total value of mineral production from mines in Nevada reached US$2.5 billion, most of which came from gold operations.The state produced more than 8 million oz. gold for the fourth year …
Queen’s to host symposium
Dr. Malcolm McPherson, associate dean for research and graduate studies at Virginia Tech University, will be the keynote speaker at the ninth Mine Ventilation Symposium, to be held June 8-12 at Queen’…
BHP Billiton comes up empty at Royce
Using its proprietary Falcon airborne gravity system to pinpoint potential kimberlite targets on the Royce Group of claims in the Northwest Territories, BHP Billiton (BHP-N) failed to intersect kimber…
Escondida sees short fall
Vancouver — Between March 2001 and March 2002, copper output from Chile’s Escondida mine fell 24%, to 58,602 tonnes. Some 45,841 tonnes of concentrates and 12,761 tonnes of cathodes were produced las…
Minefinders ups Dolores resource (April 22, 2002)
With thousands of new assays in hand, Minefinders (MFL-T) has increased the size of its Dolores silver-gold deposit in Mexico’s Chihuahua state.Resources now stand at 78.14 million tonnes averaging 58…
NAME CHANGES (April 22, 2002)
Asquith Resources (YAQ-V) has changed its name to AXMIN (AXM-V) on a 1-new-for-1-old-share basis.Kenrich Mining (KRC-V) has changed its name to Kenrich-Eskay Mining (KRE-V…
Mideast crisis spells downside risks for metals
Several factors — the dearth of economic indicators that would indicate that manufacturing fundamentals are improving, the release of poor corporate financial results for the first quarter, and the p…
MOST ACTIVE ISSUES, APRIL 10-16
ExchgVol(000s)HighLowCloseChangeKinross GoldT202482.301.892.09+0.19…
Work halted at Magistral
Vancouver — Anaconda Peru, a wholly owned subsidiary of London-based Antofagasta, has decided not to increase its stake in the Magistral copper project in north-central Peru.The subsidiary had consid…