Dynatec, Phelps Dodge to try Madagascar laterite bet (August 06, 2003)
Mining-contractor-turned-miner Dynatec (DY-T) has taken an option to earn a 53% interest in the Ambatovy nickel lat…
News
Infill drilling positive at Meadowbank (August 06, 2003)
Cumberland Resources (CBD-T) has finished the first phase of infill drilling at the Vault gold deposit, part of Cum…
Trading Summary (August 05, 2003)
Canada’s junior exchange started the trading week off flat with investors finding little reason to buy or sell spec…
Glamis posts lower gold output
Vancouver A production shortfall at its flagship San Martin mine in Honduras resulted in a flat profit picture fo…
Odyssey renews Altintepe drilling (August 05, 2003)
Junior Odyssey Resources (ODX-V) has renewed drilling at the Altintepe gold project in north-central Turkey.Dri…
Pele lures De Beers to Wawa (August 05, 2003)
Toronto-based Pele Mountain Resources (GEM-V) has attracted De Beers’ Canadian exploration arm into an option agree…
El Callao district abuzz with activity
El Callao, Venezuela — It’s a story that would make a Goldcorp shareholder nod and smile in recognition: workers at a tired, high-cost underground gold mine in a historic gold camp drill into a new z…
Noranda cuts dividend
Burdened with some $4.1 billion in net debt, Noranda (NRD-T) is slashing its traditionally juicy dividend by 40%.The decision, which entails reducing the quarterly payment to 12 from 20 per share, i…
Editorial Cartoon (August 04, 2003)
The Northern Miner Indices (August 04, 2003)
North American Mining: 80.68 (+2.99)Small Producers: 81.39 (+6.62)(Sept. 30/98 = 100)…
Boliden shutters plant
Boliden’s closure of a brass plant in West Bromwich, England, has resulted in the loss of 140 jobs.The Swedish miner closed the plant in order to consolidate production at its site in Aldridge, north …
Metals Commentary: Demand for refined nickel grows in China
(The following excerpt from The Commodity Refiner, a monthly publication of Barclays Capital Research, provides an overview of current nickel and zinc markets.)There are reasons to argue that nickel p…