The Northern Miner — Small Producers Index (November 11, 2002)
74.39 (+6.57)(Sept. 30/98 = 100)…
2002
Fewer greenhouse gases
To help ensure continuous reduction of greenhouse gases (GHGs), companies that are members of the Mining Association of Canada have pledged to decrease their energy consumption per unit of output by 1…
CIM hosts oyster party
Members of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) are invited to the CIM’s 78th annual oyster party on Nov. 14 at First Canadian Place.In addition to oy…
MAC takes stand against Kyoto
The Mining Association of Canada has joined the Canadian Coalition for Responsible Environmental Solutions (CCRES) in opposing ratification of the Kyoto treaty.Under the 1997 Kyoto treaty, industriali…
Agnico-Eagle shares drop on financing news
Shareholders of one of the darlings of the retail gold-bug crowd, Agnico-Eagle Mines (AGE-T), received a swift kick in the goolies in late October as the company unveiled plans for a dilutive, US$167-…
Black gold offsets red ink for Teck
Vancouver — Low zinc and copper prices, combined with lower production at the company’s refineries, took their toll on Teck Cominco (TEK-T) in the third quarter. However, the diversified miner manage…
Ottawa left with bill for northern cleanup
Abandoned mines in Canada’s far north are polluting the tundra, and fixing the problem could cost the federal government $640 million, according to federal documents.One of the largest environmental t…
SouthernEra sees potential at Sue
Encouraged by the microdiamond results from this past year’s drilling on the Sue kimberlite pipe at the Yamba Lake project in the Northwest Territories, SouthernEra Resources (SUF-T) will test about a…
Rio Narcea picks up new zone at El Valle (November 11, 2002)
Exploration drilling by Rio Narcea Gold Mines (RNG-T) in the main pit at the El Valle gold mine in the Asturia region of northwestern Spain has intersected a new zone of gold mineralization at depth, …
Higher gold price buoys Toronto market
The Toronto Stock Exchange Composite Index yo-yoed itself 69.28 points higher during the Oct. 30-Nov. 5 report period, ending the week at 6,399.64 points.Gold peaked mid-period at US$319.85 per oz. in…
Trading Summary (November 08, 2002)
Toronto stocks edged 5.59 points higher to end the week at 6,390.01. The gold index slid 3 points to 180.36 despite…
Stellaria yields more diamonds
Vancouver – A 110.7-kg sample collected by Ashton Mining of Canada (ACA-T) has returned 67 diamonds from the Stella…