Province, feds disagree on Port Colborne risks
Health Canada and Ontario’s Ministry of the Environment are at odds over hazards faced by residents living in Port Colborne, Ont., near an old Inco refinery.Health Canada says the province may be unde…
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Richmont edges into black (March 04, 2002)
Despite a $4.2-million writedown on its Nugget Pond mine in Newfoundland and a $1-million provision for site restoration in the second quarter, Richmont Mines (RIC-T) dramatically reversed course in 2…
Northern Miner Indices (March 04, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Minin…
Daily Metal Prices (March 04, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 26Feb. 25Feb. 22Feb. 21Feb. 20Aluminium1366.50…
Insiders weigh in with private placements
Recent insider-trading transactions reported by the Ontario Securities Commission include the following:- Aurora Platinum (ARP-V) — Michael Winn, director, bought 27,600 shares at $2.82-3.29 to hold …
Fort Knox, Dynatec launch $14m program
Vancouver — Fort Knox Gold Resources (fnx-t) and Dynatec (DY-T) have inked a joint-venture agreement to explore, develop and potentially mine five nickel-copper properties in the Sudbury district of …
Canadian Stock Exchange Indices (March 04, 2002)
DateFeb. 26Feb. 25Feb. 22Feb. 21Feb. 20HighLowTSE 3007567.477512.467426.647418.147431.79…
Hushovd’s exit fuels speculation over Falco’s future
The biggest surprise of the Feb. 20-26 report period was the sudden departure of long-time Falconbridge president and CEO Oyvind Hushovd, which apparently was related to a conflict with the management…
CDNX slides further into bear country (March 04, 2002)
Vancouver — Canada’s junior exchange lost ground over the week ended Feb. 26. The Standard & Poor’s-CDNX composite index dropped 11.3 points, or 1%, to close at 1105.65.Madison Enterprises was the we…
Tiberon tallies more tungsten (March 04, 2002)
Vancouver — The latest drill results from the Nui Phao tungsten property in Vietnam continue to show favourable grades.Tiberon Minerals (TBR-V) reports that the best results include the following:- h…
Trading Summary (March 01, 2002)
The Toronto Stock Exchange finished the week off by gaining 73.3 point to end at 7,710.8 on Friday. Leading the gai…
TVX stymied at Olympias
The Greek Conseil d’Etat, the country’s highest administrative law court, has ruled invalid and annulled permits al…