People (May 05, 2003)
Cleveland Cliffs — James Trethewey appointed senior VP of operations improvement.Compania Minera Antamina — Wendell Pauling appointed president and CEO.
2003
Gold Fields extends AIDS program
Johannesburg-based Gold Fields is extending its medical program to include highly active antiretroviral therapy (HAART) as a treatment option for employees with acquired immune deficiency syndrome (AI…
SA Chamber criticizes bill
The possible effects of the proposed Royalty Bill released by South Africa’s National Treasury will not be good for the economy or the mining industry. In the coming weeks the chamber will submit to t…
Falco boosts earnings in first quarter
Stronger metal prices and sales volumes pushed Falconbridge (FL-T) to a higher perch during the first quarter.Net earnings topped $60.5 million (or 32 per share) in the three months ended March 31 as…
Agnico-Eagle buys out Breakwater at Lapa (May 05, 2003)
Hungry to expand beyond its single LaRonde gold mine in northwestern Quebec, Agnico-Eagle Mines (AGE-T) has struck a deal to acquire Breakwater Resources’ (BWR-T) interest in the Lapa high-grade gold …
Editorial Cartoon (May 05, 2003)
Now for a cultural change
It was fully a year ago that we were writing about the New York Attorney General’s investigation into investment research at several major U.S. brokerage houses. New York State prosecutors had gone th…
Crew adds olivine to portfolio
Vancouver — Just as it is preparing to build the Nalunaq gold mine in southern Greenland, Crew Development (CRU-T) has acquired a deposit of olivine in the same region.The deposit, known as Seqi, con…
Daily Metal Prices (May 05, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 29April 28April 25April 24April 23Al Alloy137…
Canadian Stock Exchange Indices (May 05, 2003)
DateApril 29April 28April 25April 24April 23HighLowTSX Composite654…
Chesbar updates Sechol
Improvements in the nickel market have spurred Chesbar Resources (CBI-T) to modify its metallurgical study of the Sechol laterite deposits in east-central Guatemala.Chesbar’s consultants will now esti…
Exchange Rates (May 05, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 29April 28April 25April 24April 23US$ in C$1.44571.45011.4532…