News
Assaying
The following is an excerpt from the ninth edition of Mining Explained, published by The Northern Miner. The book sells for $30 plus $3 for shipping and is available by calling 1-800-668-2374. E-mail:…
Investment Commentary: Scotia Capital sees US$470-per-oz. gold
While many gold analysts have been criticized by gold bugs for bailing out of gold in a big way in December 2003, Scotia Capital stands out among the usually conservative, bank-owned brokerage houses …
Production up in South Africa
Total mining production in South Africa rose by 5.8% in 2003 after a tiny 0.8% increase in 2002, according to Statistics South Africa.The increase was due in large part to an increase of 9.4% in the p…
IMA arranges financing
Vancouver — IMA Exploration (IMR-V) has inked a deal with a syndicate of underwriters to raise $4.6 million on a bought-deal basis.The underwriters, Canaccord Capital and First Associates Investments…
Mining and the common good
It is far from unusual in this business to meet someone convinced he is the owner of fabulous mineral riches. In many cases, of course, the riches are fabulous in the narrow sense of the word — a fab…
Obituary: Arthur Fisher
Arthur Thompson Fisher, a mining engineer and principal of numerous mining companies, passed away suddenly in late January in North Vancouver, B.C.Fisher was born in 1938, in Edinburgh, Scotland; he a…
Exchange Rates (February 23, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 17Feb. 16Feb. 13Feb. 12…
Northern Miner Indices (February 23, 2004)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T17.1%CamecoCCO-T3.3%FalconbridgeFL-T5.0%Freeport McM BFCX-N8.2%GoldcorpG-T4.3%IncoN-T8.7%Kinross GoldK-T4.3%Newmont MiningNEM…
Canadian Stock Exchange Indices (February 23, 2004)
DateFeb. 17Feb. 16Feb. 13Feb. 12Feb. 11HighLowTSX Composite8767.108747.518694.468725.04…
Gold sparkles on Venture exchange
Vancouver — Canada’s junior exchange continued its bull run during the week ended Feb. 17. The S&P-TSX Venture Exchange composite index closed at 1931.61, up 65.43 points, or 3.5%.Spider Resources an…
The Northern Miner Indices (February 23, 2004)
North American Mining: 111.00 (+2.71)Small Producers: 131.07 (+6.16)(Sept. 30/98 = 100)…