Chihuahua lures Anglo
Vancouver — Looking to gain a foothold in Mexico’s Chihuahua state, Anglo American (AAUK-Q) has teamed with Western Copper Holdings (WTC-T) to explore 145 sq. km in the historic Almoloya zinc-lead-si…
Articles by Northern Miner Staff
Russian bear ambles into Stillwater, Montana
Operational setbacks and a precipitous drop in palladium prices have prompted cash-strapped Stillwater Mining (SWC-N) to ponder the unthinkable and become a subsidiary to the world’s largest palladium…
Juniors keep exploration (barely) alive BC
Vancouver — Despite the implementation of one of the most attractive incentive programs in the country, mineral exploration in Canada’s westernmost province failed to ignite in 2002.In 2001, total fi…
Mining Nevada in the early ’40s
Everybody knew that the hills of Nevada had been scoured by countless prospectors and that most deposits exposed at the surface had been discovered. But workable deposits are rare, and scattered over …
Applied stats examples are documented
Prof. Alastair Sinclair, whose letter appeared in your Nov. 4 issue, was present when I taught a short course on sampling precious metals deposits at the University of British Columbia in 1989.He did …
Pele hopes Genesis is start of something big
Pele Mountain Resources’ (YPN-V) discovery of a significant diamond population in the Genesis showing at its Festival property near Wawa, Ont., has dramatically increased the potential for an economic…
Northgate advances Kemess North project; Botwood
Vancouver — Encouraging drill results have prompted Northgate Exploration (NGX-T) to launch a prefeasibility study at its Kemess North gold-copper project in central British Columbia.The results conf…
Spot Prices Wed. November 27, 2002 Courtesy of Scotiabank (December 02, 2002)
Precious MetalsPrice (US$/oz.)ChangeGold$318.20-0.80Silver$ 4.44-0.11Platinum$587.00-6.00…
Lending Rates (December 02, 2002)
as of 4 pm ET, Nov. 26, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Prime4.25LIBOR US$ 3-month1.43LIBOR US$ 6-month1.48LIBOR US$ 1-year1.73Gold lease 3-month0.28Gold leas…
The Northern Miner — North American Mining Index (December 02, 2002)
67.19 (-1.24)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 02, 2002)
70.68 (-9.69)(Sept. 30/98 = 100)…
Exchange Rates (December 02, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 26Nov. 25Nov. 22Nov. 21Nov. 20US$ in C$1.57181.57331…