News

Mining needs an image boost

COMMENTARY/MICHAEL VAYDIKAsk your kids what they think of mining and they’ll probalby say it’s a dirty business or it tears up the land and leaves a mess behind. Or perhaps they’ll tell you mines are …


Lower PGM prices eat into NAP earnings

With palladium prices well off their recent highs, North American Palladium (pdl-t) recorded lower net income of $1.2 million (or 3 per diluted share) on revenue of $56.9 million during the three mon…


Photo courtesy Laurentian UniversityWinners of the 2002 Mining Games: Back row (from left): Curtis Deredin, Tim Verlaan, Darren Mawhinney, Richard Bartlett and Peter Lind. In the middle row are Jay Rutledge, Tim Hunt, James Kellestine, Kamal Ughadpaga, Derek Kulyski and Eila Kaukolin. In the front row are Amy Byers, Craig Stuart, Luke Kempers, Erin Legault-Sguin and Colin Pegues.

Laurentian wins Mining Games

Laurentian University’s School of Engineering continued to dominate the Canadian Mining Games with its third championship title in the past four years.Laurentian placed high in several events and secu…


PEOPLE (March 25, 2002)

Algoma Steel — Benjamin Duster appointed chairman and Charles Masson appointed director.Asia Pacific — John Bovard appointed CEO.Canabrava — George Read appointed director.


Mining for values

What values do we have in the Mining Industry? I remember associates from New York telling me that Canada had to clean up its mining industry with improved standards or else it would not be permitted …


Daily Metal Prices (March 25, 2002)

DateMarch 19March 18March 15March 14March 13BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)Aluminium1425.50/14431421/14351420/14351405/1420.501411/…


Roof collapse disrupts Con production

A collapsed roof at the Con mine in Yellowknife, N.W.T., has forced Miramar Mining (mae-t) to shut down the autoclave.The collapse, which occurred in the oxygen plant, did not result in any injuries. …


GREATEST VALUE TRADED, MARCH 13-19

Value($000s)HighLowCloseChangeAlcoa*N56751739.5038.1138.79-0.13Kerr McGee*N36435463.0260.0563.00+3.59AlcanT31161965.6363.2664.30-0.60Newmont Mng*N31160624.9423.2024….


Producer and Dealer Prices (March 25, 2002)

Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.20/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-6.90/lb.Copper: Comex May US$0.7705/lb.Indium: Indi…


CDNX endures ho-hum week

CANADIAN VENTURE EXCHANGEVancouver — The CDNX closed the week ended March 19 little changed from the previous report period. The Standard & Poor’s-CDNX composite index finished at 1158.30, or 0.75 of…


Mixed results from metals producers

U.S. markets enjoyed a small boost over the March 13-19 report period, with the Dow Jones Industrial Average rising 2.9 points to finish at just over 10,635 and the Standard & Poor’s 500 adding 4.7 po…


Overseas Quotes (March 25, 2002)

Close: Tuesday March 19, 2002SOUTH AFRICA (SA Rand)Anglo Am. Plat.497.00Anglovaal Mg38.00Avgold6.65Cons African0.45Gencor50.70Impala Platinum664.00Iscor15.30JCI Gold9.25Metorex3.40Western Are…


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