Exchange Rates (July 08, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 2July 1June 28June 27June 26US$ in C$1.5260Holiday1.51871.51…
Articles by Northern Miner Staff
Canadian Stock Exchange Indices (July 08, 2002)
DateJuly 2July 1June 28June 27June 26HighLowTSX Composite7013.39Holiday7145.617073.81…
MOST ACTIVE ISSUES, JUNE 26-JULY 2
ExchgVol(000s)HighLowCloseChangeDurban R Deep*Q282115.013.783.78-0.94…
Weaker U.S. stocks stumble
With markets weakening across the board, mining stocks were generally lower on U.S. exchanges. The Dow Jones Industrial Average fell 119.07 points, or 1.3% of value, over the five trading days from Ju…
GREATEST VALUE TRADED, JUNE 26-JULY 2
ExchgVal($000s)HighLowCloseChangeAlcoa*N73950633.8030.4532.26+1.12…
The Northern Miner — North American Mining Index (July 08, 2002)
79.59 (-5.42)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (July 08, 2002)
87.56 (-2.60)(Sept. 30/98 = 100)…
Freeport issues Q2 warning
Heavy rainfall at its Grasberg mine in Irian Jaya, Indonesia, combined with delays in reaching higher-grade ore, has forced Freeport McMoRan Copper & Gold (FCX-N) to lower its forecast production and …
Mine owner flees after explosion
The state-run New China News Agency reports that a Chinese mine owner is on the run after an investigation into an explosion at a gold mine in Shanxi province led to the discovery of 35 bodies.It was …
Diamonds North targets Victoria Island (July 08, 2002)
Hoping to capitalize on a revitalized diamond exploration sector that has been fueled by recent kimberlite discoveries in Quebec and the Coronation district of Nunavut, Major General Resources has spu…
Roughing it (with apologies to Mark Twain)
As reviewed in the first article in this series, “Making the Grade: Diamonds Take Forever” (T.N.M., June 17/02), once a favourable bedrock (lode) or surficial (placer) site has been located, the proce…
Correction (July 08, 2002)
Our Venture Exchange market report of June 17 referred to American Bonanza Gold Mining (BZA-V) as “cash-strapped.”Shortly before that issue went to press, the company had completed a public offering o…