Canadian Stock Exchange Indices (September 09, 2002)
DateSept. 3Sept. 2Aug. 30Aug. 29Aug. 28HighLowTSX Composite6453.50Holiday6611.956589.976579.94…
Articles by Northern Miner Staff
Cumberland looks to Canada’s Far North
Baker Lake, Nunavut — Convinced that its wholly owned Meadowbank gold project in the Canadian Arctic has the potential to deliver 250,000 oz. annually, Cumberland Resources (CBD-T) is spending $6.4 m…
Aurion sheds stake in Zimbabwe platinum miner
Vancouver — Australian gold miner AurionGold has sold its 21% interest in Australian-listed Zimbabwe Platinum Mines (Zimplats) for A$35.3 million.Impala Platinum Holdings picked up the shares at A$1….
GREATEST VALUE TRADED, AUG. 28 – SEPT. 3
ExchgVal($000s)HighLowCloseChangeEcho Bay MinesT67111.661.431.65+0.17…
Cambior readies Rosebel as Omai declines
With mining at the Omai open-pit gold mine in Guyana slated to finish by the end of 2005, Cambior (CBJ-T) is preparing for construction at the Rosebel open-pit gold project in neighbouring Suriname.To…
News – 09-SEP-02
Alcan receives award
Alcan has won an award from the United Nations and the International Chamber of Commerce for excellence in sustainable development.The award was presented to the aluminum company’s International Micro…
PEOPLE (September 09, 2002)
BHP Billiton — David Munro appointed vp.Dofasco — Walter Bilenki appointed vp, finance; Joe Neri appointed president, powerlasers and Howard Woods appointed general manager, Dofasco USA.Mineral I…
Net-based software helps users make decisions
Perth, Australia-based Intierra has developed software that monitors the global resource industry.Subscribers will receive, via the Internet and in map form, information on Australian geoscience and f…
Placer cuts hedge book, extends Aurion offer
A day after deciding to reduce its hedge book, Placer Dome (PDG-T) extended its takeover offer for AurionGold, an Australian producer that is itself heavily hedged.By year-end, Placer expects to have …
Nelson sells Tajik assets
Having decided to focus on its oil and gas interests, Nelson Resources (NLG-T) is selling its 44% stake in the Jilau gold mine in Tajikistan.The buyer is London-listed Avocet Mining, which will give N…
Lending Rates (September 09, 2002)
As of 4 pm ET, Sept. 3, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.78LIBOR US$ 6-month1.75LIBOR US$ 1-year1.81Gold lease 3-month0.28Gold leas…