Lending Rates (September 02, 2002)
as of 4 pm ET, Aug. 27, 2002(%)Bank of Canada2.75Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.82LIBOR US$ 6-month1.83LIBOR US$ 1-year1.99Gold lease 3-month0.32Gold leas…
Articles by Northern Miner Staff
Geomaque seeks exploration funding
Having no cash to spare for exploration, Geomaque Explorations (GEO-T) shall attempt to raise $1.5 million through a private placement.The offer, which is being brokered by Haywood Securities, entails…
SouthernEra takes Messina to the bank (September 02, 2002)
A bankable feasibility study of the Phase 2 project on the Doornvlei property at the Messina platinum group metals (PGM) mine in South Africa, has come back positive for SouthernEra Resources (SUF-T)….
Northern Miner Indices (September 02, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
LME Warehouse Levels (September 02, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 27 (change from August 20 in brackets):MetalStock (tonnes)ChangeAluminium1293775…
Base metals benefit from modest recovery in US equities
The pressure on metals prices lifted over the report period Aug. 19-23, thanks to a more positive tone in U.S. equity markets. The recent signs of stabilization in metals are not surprising given the …
Pele finds small stones (September 02, 2002)
Pele Mountain Resources (YPN-V) has uncovered more than 20 volcanic units in a 9-sq.-km area of the Festival property, near Wawa, Ont.The intermittently outcropping units reach widths of up to 100 met…
Int’l Minerals picks up Peruvian property
International Minerals (IMZ-T) has signed an option deal to take on a property in southern Peru.The property, Pallancata, is 240 km southeast of Ayacucho in an area of Tertiary-aged volcanic rocks. Th…
The Northern Miner — Small Producers Index (September 02, 2002)
74.10 (+3.88)(Sept. 30/98 = 100)…
The Northern Miner — North American Mining Index (September 02, 2002)
75.15 (+3.8)(Sept. 30/98 = 100)…
Seabee grades dog Claude (September 02, 2002)
Beset with lower-grade ore from the Seabee gold mine in Saskatchewan, Claude Resources (CRJ-T) finished the first half of 2002 about $3 million in the red.The loss translates into 7 per basic and dil…
Muskox drills in Nunavut
Hoping to cut more sulphides enriched in platinum and palladium, Muskox Minerals (MSK-V) is drilling a large geophysical anomaly along the northern boundary of the Muskox intrusion in Nunavut.The Musk…