IMA gains ground in southern Argentina
Vancouver — IMA Exploration (IMR-V) has acquired the 127-sq.-km Victoria claim package, which is contiguous with the company’s Bayas property in southern Argentina’s Chubut province.The new property …
Articles by Northern Miner Staff
Cdn. Royalties targets Ungava’s board
The fight between Canadian Royalties (CZZ-V) and Ungava Minerals (UNGV-CUB) has taken a twist, with the former, via a numbered subsidiary company, launching a 10-per-share cash bid for 51% of the lat…
Marshall Fork yields 17-carat diamond
Partners Diamond Fields International (DFI-T) and South African-based Trans Hex Group have recovered a 17-carat alluvial diamond off the coast of Namibia, near the town of Luderitz.The stone, which ca…
Another Hemlo?
A mere six years have elapsed since news of the fabulous Hemlo discoveries rocked the mining world. Yet details of another gold discovery, which displays geological parameters of Hemlo-size proportion…
Golds still have legs: Allan
In a series of reports released in June, Research Capital mining analyst Barry Allan takes a look at the gold sector and concludes it still has room to move higher.First, he examines the relationship …
Micon finds alliances expand reach
Mineral industry consulting firm Micon International has found that non-exclusive alliances, such as the one it announced in late May with poject-management and technology firm Wardrop Engineering (T….
Syncrude’s Carter named MAC chairman
The Mining Association of Canada (MAC) has elected James Carter, president of Syncrude Canada, as its new chairman.The previous chairman was Guy Dufresne, chief executive officer of Quebec Cartier Min…
Rubicon boosts Red Lake gold portfolio (July 01, 2002)
Vancouver — Junior Rubicon Minerals (RMX-V) has inked a deal with a two private companies to acquire the McFinley Mine gold project in the prolific Red Lake camp of northwestern Ontario.The company m…
Lending Rates (July 01, 2002)
as of 4 pm ET, June 25, 2002(%)Bank of Canada2.75Canadian Prime4.25U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.87LIBOR US$ 6-month1.97LIBOR US$ 1-year2.34Gold lease 3-month0.32Gold leas…
Producer and Dealer Prices (July 01, 2002)
Antimony: Mid-mkt US$1,410/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.00-8.50/lb.Copper: Comex July US$0.7495/lb.Indium: Ind…
Canadian Stock Exchange Indices (July 01, 2002)
DateJune 25June 24June 21June 20June 19HighLowTSX Composite7120.807129.937139.437225.357247.76…
The Northern Miner – North American Mining Index (July 01, 2002)
85.01 (-0.20)(Sept. 30/98 = 100)…