McWatters extends reach in northwestern Quebec
Two transactions, one with Quebec mining enterprise SOQUEM and another with Barrick Gold (ABX-T) will give McWatter…
Articles by Northern Miner Staff
Canico releases Onca drill results
Vancouver — Canico Resource (CNI-V) has tabled results from the first 77 holes in the company’s ongoing drill prog…
FNX, Dynatec table McCreedy West resource (February 24, 2003)
With production scheduled to begin in weeks, partners FNX Mining (FNX-T) and Dynatec (DY-T) have tabled resource es…
Stillwater sinking
During the report period ended Feb. 18, Stillwater Mining Chairman Francis McAllister gave the company’s dwindling ranks of true believers more reason for doubt, telling listeners, during a conference…
Western markets lacklustre
Canada’s junior exchange closed the week ended Feb. 18 in lacklustre fashion. The S&P-TSX Venture Exchange composite index lost 6.15 points, or 0.56% of its value, to close at 1,088.33.Investors conti…
Exchange Rates (February 24, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 18Feb. 17Feb. 14Feb. 13Feb. 12US$ in C$1.51481.52091.51881.5…
Northern Miner Indices (February 24, 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…
Canico buys out Inco in Brazil
Vancouver — Canico Resource (CNI-V) has raised enough funds to acquire Inco’s (N-T) Ona-Puma nickel laterite project in Brazil’s Para state.Recent financings allowed the junior to fulfil its require…
Golden Star closes $51m financing (February 24, 2003)
Golden Star Resources (GSC-T) has completed an over-subscribed, bought-deal offering, raking in gross proceeds of $51 million.Led by brokers Canaccord Capital and BMO Nesbitt Burns, the private placem…
Taconite helps make raceway safer and faster
The full-throttle roar of engines and rowdy fans have not been heard since late October at the Brainerd International Raceway (BIR) in north-central Minnesota, but not all is silent. More than 600 ton…
Quality of gov’t material questioned
I recently attended the Cordilleran Exploration Roundup in Vancouver, B.C., where the Federal Department of Fisheries and Oceans (DFO) distributed inappropriate material.As Yukon and British Columbia …
Spot Prices Wednesday February 19, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$347.20-15.95Silver$4.58+0.01Platinum$672.00-20.00…