Inco wins energy efficiency award
Inco has won an award from the federal government for reducing greenhouse gases and conserving evergy at its operations in Copper Cliff, Ont.The reductions were achieved as a result of ideas submitted…
2003
People (April 07, 2003)
Diavik Diamond Mines — President and CEO Philip du Toit resigns.GoldSpring — John F. Cook appointed president; Les Cahan appointed treasurer.Magnum d’Or — Reno Calabrigo appointed pres…
The Northern Miner Indices (April 07, 2003)
North American Mining: 65.75 (+1.06)Small Producers: 56.80 (+2.38)(Sept. 30/98 = 100)…
Exchange Rates (April 07, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 1March 31March 28March 27March 26US$ in C$1.47261.46931.4678…
PGM Ltd. cuts UG-2 at Elandsfontein
Vancouver — Drilling at Platinum Group Metals’ (PTM-V) Elandsfontein property in South Africa has intercepted the UG-2 platinum reef at shallow depths.Four drill holes cut the reef at depths of less …
Northern Miner Indices (April 07, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…
LME Warehouse Levels (April 07, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 1 (change from March 25 in brackets):MetalStock(tonnes)ChangeAluminium1252775(-…
Producer and Dealer Prices (April 07, 2003)
Antimony: Mid-mkt US$2,500/t.Bismuth: Mid-mkt US$2.80/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$9.20-10.30/lb.Copper: Comex May US$0.7425/lb.Indium: Indium Corp., ingot, US$110/kg.Iridiu…
Daily Metal Prices (April 07, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 1March 31March 28March 27March 26Al Alloy1461…
Canadian Stock Exchange Indices (April 07, 2003)
DateApril 1March 31March 28March 27March 26HighLowTSX Composite6335.126343.296379.486353.44…
Forty Years Ago – April 1963
Falco has record earningsLargely because of additional investment income as a result of the merger with Ventures, the devaluation of the Canadian dollar, and lower writeoffs, Falconbridge Nickel Mines…
Mitsui buys into CVRD
The biggest global mining story of the report period was the complex deal involving Brazilian iron ore giant Cia Vale do Rio Doce’s (CVRD) and Japan’s no. 2 trading house, Mitsui.Mitsui winds up spend…