Northern Miner Indices (March 03, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…
News
GREATEST VALUE TRADED, FEB. 19-25
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N49116828.4926.9727.12-0.06…
Four arrested in US$100m Antwerp diamond robbery
A Dutch woman and three Italian men are being held by Belgian police in connection with one of the country’s biggest-ever diamond heists.The four suspects are being held on suspicion of stealing diamo…
BHP enjoys higher output at Ekati mine
BHP Billiton’s (BHP-N) share of mine production at Ekati in the Northwest Territories was 1.1 million carats in the recent fourth quarter — 15% higher than in the corresponding period of 2001 and 12%…
Restraint gives way to profligacy Throwing money around
New ministers of finance are always watched carefully to see how much their budgets will depart, philosophically and strategically, from those their predecessors brought down. John Manley’s first budg…
Changes in the cobalt market
In the past 25 years, there have been numerous major changes in the cobalt market. Prior to 1978, cobalt was almost exclusively supplied from Zaire (now the Democratic Republic of Congo) and Zambia as…
Canico releases Ona results
Vancouver — Canico Resource (CNI-V) has tabled results from the first 77 holes of an ongoing drill program at the Ona-Puma nickel laterite project in Brazil’s Para state.Nickel assays are in line wi…
Goldcorp funds juniors
Candente Resource (DNT-V) has closed a $1-million financing with Goldcorp (G-T) as a first step toward collaborating on grassroots gold exploration in Newfoundland.The non-brokered private placement c…
FNX, Dynatec table McCreedy West resource (March 03, 2003)
With production scheduled to begin in weeks, partners FNX Mining (FNX-T) and Dynatec (DY-T) have tabled resource estimates for five of seven deposits at the McCreedy West mine in Sudbury, Ont.Measured…
PEOPLE (March 03, 2003)
Canadian Copper and Brass Development Association — Stephen Knapp appointed executive director, succeeding Arnold Knapp, who is retiring.Dios Exploration — Claude Britt appointed to board of directo…
Band-Ore finds more gold
A 6-hole drill program by Band-Ore Resources (BAN-T) at its Thorne property, west of Timmins, Ont., has found low-grade gold mineralization in previously untested areas south of the Main zone.Two hole…
OGS book focuses on Sudbury
A book on geotechnics published by the Ontario Geological Survey is designed to assist city planners in Sudbury.The Physical Environment of the City of Greater Sudbury is the first publication to desc…