Less land than stated
The Partnership for Public Lands was formed in 1997 as a joint effort of the Federation of Ontario Naturalists, the Canadian Parks and Wilderness Society, the Wilderness League, and World Wildlife Fun…
News
Downside risk restricted in lead and aluminum
Market deficit for copper deemed likelyThe following is the third in a series devoted to metals markets and was culled from Barclays Capital’s monthly report The Commodity Refiner. This week’s instalm…
LME Warehouse Levels (February 17, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 11 (change from Feb. 4 in brackets):MetalStock(tonnes)ChangeAluminium1196200(+80…
The Northern Miner — North American Mining Index (February 17, 2003)
74.95 (-1.82)(Sept. 30/98 = 100)…
Noranda takes big hit in 2002 (February 17, 2003)
Reflecting its decision to close the Magnola magnesium plant in Quebec, Noranda (NRD-T) has recorded a whopping $700-million loss for 2002.The $3.02-per-share loss included an after-tax charge of $630…
People (February 17, 2003)
Barrick Gold — Gregory Wilkens appointed president and CEO replacing Randall Oliphant.Algoma Steel — Alexander Adam retired from board of directors.McKenzie Bay International — John Sa…
The Northern Miner –Small Producers Index
89.41 (-9.18)(Sept. 30/98 = 100)…
Inco aims to sustain record output of PGMs
While it has benefited strongly from higher nickel and copper prices of late, Inco (N-T) expects platinum group metals (PGMs) to remain a valuable byproduct at its operations.At its flagship Sudbury o…
MOST ACTIVE ISSUES, FEB. 5-11
ExchgVol(000s)HighLowCloseChangeKinross GoldT3357612.0810.4511.55-0.45…
Exchange Rates (February 17, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 11Feb. 10Feb. 7Feb. 6Feb. 5US$ in C$1.53011.53111.52111.5215…
Producer and Dealer Prices (February 17, 2003)
Antimony: Mid-mkt US$2,200/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.65/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.35-8.00/lb.Copper: Comex Mar US$0.7755/lb.Indium: Indi…
Innovation augurs well for Canadian mining
If I had to pick just one word to describe the Canadian mining industry in recent years, it would be “innovative.” Innovation now defines our industry. In fact, the mining industry spends some $370 mi…