Black empowerment ‘scorecard’ dominates Indaba
Cape Town, South Africa — Some 1,740 delegates from 38 countries attended the 2003 edition of the Investing in African Mining Conference (Indaba), held here recently, making it the busiest ever. The …
2003
South Atlantic updates Storliden reserves
Vancouver — An independent consultant has tabled an updated reserve estimate for the Storliden copper-zinc mine in northern Sweden. The mine is owned by North Atlantic Natural Resources, the 38%-owne…
People (March 24, 2003)
Alcan — Denis Desautels and Milton Wong selected as candidates for election to board of directors.Alcoa — Mohammad Zaidi appointed chief technical officer.Arch Coal — Bennett Hatfield…
NYSE MOST ACTIVE ISSUES (March 24, 2003)
ExchgVol(000s) High Low Close ChangeAlcoa*N991221.2919.8021.14+1.26…
Lending Rates (March 24, 2003)
as of 4 pm ET, Mar. 18, 2003(%)Bank of Canada3.25Canadian Prime4.75U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.27LIBOR US$ 6-month1.24LIBOR US$ 1-year1.36Gold lease 3-…
Alcoa inks smelter deal
Alcoa has signed a 40-year agreement with Landsvirkjun, Iceland’s national power company, to build a $1.1-billion aluminum smelter.The plant, which has a planned capacity of 322,000 metric tons per ye…
TSX GREATEST PERCENTAGE CHANGE (March 24, 2003)
ExchgVol(000s) High Low Close % ChgDiamondWorksT1571.450.801.44+75.61…
Trading Summary (March 21, 2003)
Friday was another good day for the Toronto Stock Exchange, with the TSX Composite index up 60.32 points to close a…
Western Copper updates resources at Penasquito
Vancouver Western Copper Holding’s (WTC-T) has updated the resource estimates on its Chile Colorado zone on the…
Spider drilling James Bay Lowlands property
Vancouver — Spider Resources (SPQ-V) and joint venture partner, KWG Resources (KWGR-C) have completed three diamon…
Inco gives green light for Voisey’s development
With all the political wrangling now seemingly behind it, Inco (N-T) has formally announced that it will proceed wi…
First Quantum raises Kansanshi funds
First Quantum Minerals (FM-T) has inked a financing deal with a private equity fund to raise up to US$35 million….