Gold Funds (July 22, 2002)
Gold Funds as at July 11, 2002Dundee Precious MetalsCentral FundNet Value$23.48$5.91Price$17.45…
Articles by Northern Miner Staff
Producer and Dealer Prices (July 22, 2002)
Antimony: Mid-mkt US$1,550/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.50/lb.Copper: Comex Sept US$0.7435/lb.Indium: Ind…
Teck Cominco joins Wolfden’s pack (July 22, 2002)
Teck Cominco (TEK-T) has entered into an agreement with Wolfden Resources (YWO-V) to participate in the exploration of the High Lake volcanogenic massive sulphide property on Bathurst Inlet in Nunavut…
Canadian Stock Exchange Indices (July 22, 2002)
— 52-week –DateJuly 16July 15July 12July 11July 10High…
Kikerk Lake find carries diamonds
A kimberlite found this past spring by Ashton Mining of Canada (ACA-T) has proved diamond-bearing. The discovery was made on the Kikerk Lake joint-venture property in the Coronation Gulf district of N…
Majescor takes bulk sample at Wemindji
Majescor Resources (MAJ-V) has collected a large bulk sample from a 1.8-metre-thick sill of kimberlitic material at the Wemindji diamond property in Quebec. Results are pending.The pit measures 10 met…
Caledonia dusts off Barbrook gold mine
With the price of gold on the rise, Caledonia Mining (CAL-T) is re-evaluating the geology at its Barbrook mine in South Africa, hoping to resume production.Production was suspended in the summer of 19…
Aluminum smelter planned for Vancouver Island
A proposed 360,000-tonne-per-year aluminum smelter on Vancouver Island could be operating in 4.5 years.Alberni Aluminum, or Al2Co., will pursue regulatory approval for the $1.5-billion project in Port…
PEOPLE (July 22, 2002)
Anglovaal — Richard Menell appointed chairman; David Murray appointed CEO; Jan Steenkamp appointed COO.Athlone — Henk Van Alphen appointed director.
Trading Summary (July 19, 2002)
The golds rallied for a second straight day gaining 1.82 points or 1% to 183.72 but it was not enough to stave off…
Casa Berardi drilling extends gold zone to east
Drilling by Aurizon Mines (ARZ-T) at the inactive Casa Berardi goldmine in northwestern Quebec, testing extension…
CVRD eyes Peru
Vancouver — Brazilian-based Companhia Vale do Rio Doce (CVRD) and London-based Antofagasta Plc have agreed to team…