News
NAME CHANGES (October 14, 2002)
South Atlantic Resources (SCQ-V) has changed its name to South Atlantic Ventures (SAA-V) on a 1-new-for-6-old-share basis…
Base Metal Prices face vulnerability in the short term
This article is the first of two instalments devoted to base metals and was culled from Barclays Capital’s monthly commodities report The Commodity Refiner. Part 2 will appear in our Oct 21-27 issue.B…
MOST ACTIVE ISSUES, OCTOBER 2-8
ExchgVol(000s)HighLowCloseChangeKinross GoldT193443.282.682.77-0.37…
The Northern Miner — North American Mining Index (October 14, 2002)
65.64 (-5.14)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (October 14, 2002)
68.52 (-3.94)(Sept. 30/98 = 100)…
Ashton, Soquem find eighth kimberlite
Ashton Mining of Canada (ACA-T) and Soquem have wrapped-up a summer field season in the Otish Mountains region of north-central Quebec with the discovery of an eighth kimberlitic body.Renard 8 was fou…
GREATEST VALUE TRADED, OCTOBER 2-8
ExchgVal($000s)HighLowCloseChangeEcho Bay MinesT56131.711.401.42-0.21…
Namco sets production record
Marine diamond miner Namibian Minerals (NMR-T) cranked out 117,050 carats during the July-to-September period, eclipsing the quarterly record of 116,560 carats set in early 1999.”The third quarter is …
Economic uncertainty holds back gold demand
Overall gold demand for jewelry, retail investment, industrial and dental uses amounted to 729 tonnes in the second quarter of 2002, 14% lower than a year earlier, according to a report by the London-…
Alcoa profits nearly halved (October 14, 2002)
U.S. aluminum giant Alcoa (AA-N) has reported a 43% drop in third-quarter earnings, owing to a global oversupply of aluminum and the slow economy.Alcoa, traditionally one of the first major U.S. firms…
Editorial: Colonial minds
Jean Chrtien’s imbecilic remarks last month about how poverty causes terrorism — and his woolly-minded connection of Arab terror to African underdevelopment — show that when uninformed people start…