Higher gold boosts Grasberg
Vancouver — Freeport-McMoRan Copper & Gold (FCX-N), operator of the world’s largest copper-gold mine, earned an impressive US$49.2 million (or US33 per share) in the first quarter.The gain, which wa…
News
People (April 28, 2003)
America Mineral Fields — Former director Stephen Malouf resigned.Amerigo — Steven Dean and Klaus Zeitler appointed to board of directors; Jeffrey Giesbrecht appointed secretary; Irene Wilson resigne…
Alcoa trims more workers
The biggest news of the week was Alcoa’s announcement it will cut production and staff at three smelters, in Rockdale, Tex., Massena, N.Y., and Ferndale, Wash.After cutting 10,000 jobs in 2002, the co…
Trading Summary (April 25, 2003)
The Toronto Stock Exchange was lower again on Friday, with the TSX Composite index falling 39.86 points to 6,521.69…
Silver Standard cuts more high-grade silver at Bowdens
Vancouver — Silver Standard Resources (SSO-V) has intersected more encouraging results from infill drilling at its…
Mag drills Juanicipio
Vancouver — Mag Silver (MAG-V), formerly Mega Capital Investments, is gearing up to launch a 3,500-metre drill pro…
Richmont in black for first quarter (April 25, 2003)
First-quarter results from Richmont Mines (RIC-T) show the company’s earnings were lower than last quarter but much…
Trading Summary (April 24, 2003)
It was generally a down day on the world’s stock markets, and the Toronto Stock Exchange was no exception. The TSX…
Chesbar moves goalposts in Sechol study
Improvements in the nickel market have spurred Chesbar Resources (CBI-T) to modify the parameters in its metallurgi…
Orezone discovers north extension at Essakan
Vancouver A 6,600- metre ongoing drill campaign at Orezone Resource’s (ORZ-T) Essakan gold deposit in Burkina Fas…
Crew adds olivine to Greenland portfolio
Vancouver Gearing-up to begin construction on its Nalunaq gold deposit, Crew Development (CRU-T) has picked up th…
Goldcorp lifts bottom line (April 24, 2003)
Stronger realized gold prices and sales volumes enabled Goldcorp (G-T) to weather weaker production and post a high…