Copper producer Phelps Dodge (PD-N) lost money in the three months ended June 30 but was able to reduce operating and overhead costs and clear off debt.The Arizona-based company booked a loss of US$36…
As the global economy improves this year, demand for silver should recover from 2001 levels, according to World Silver Survey 2002, published by the Washington, D.C.-based Silver Institute.Silver fabr…
The stocks of South African-based miners headed south during the report period ended July 30 as political risk made a stark reappearance.In a document leaked to a Johannesburg-based web site in late J…
The widespread rally in the global stock markets, which started on July 25, pulled the Toronto Stock Exchange TSX Composite index up 350.1 points in the report period July 24-30. The index closed at 6…
70.81 (+3.95)(Sept. 30/98 = 100)…
68.38 (-3.34)(Sept. 30/98 = 100)…
South African giant AngloGold (AU-N) has doubled to 92.5% its stake in the Cerro Vanguardia mine in Argentina’s Santa Cruz province, snapping up Perez Companc International’s 46.25% holding for US$90 …
Carrying the load of a second mine without the aid of similar metal prices, Stillwater Mining (SWC-N) earned half as much in the second quarter as it did in the comparable period of 2001.Net earnings …
Cementation Skanska, part of the Stockholm-based Skanska group of companies, has doubled the size of its Canadian business by acquiring Aurora Quarrying, a mining contractor based north of Toronto.Est…
Following a campaign of rotary air blast (RAB) drilling at its Bambari property in the Central African Republic, Axmin (AXM-V) has confirmed mineralization along the strike extension of its Passendro …
Thanks in part to stronger bullion prices, Goldcorp (G-T) kept a steady financial hand during the second quarter.Net earnings rang in at just under US$14 million (or 8 per share) on revenue of US$47 …
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