Glenhaven options ground in Birch Uchi belt
Vancouver — Glenhaven Ventures (GHM-V) has inked a deal to acquire the Springpole gold property in the Birch Uchi greenstone belt, near Red Lake, Ont.The junior will pay the vendor $98,000 over four …
Articles by Northern Miner Staff
GREATEST VALUE TRADED, JUNE 12-18
ExchgVal($000s)HighLowCloseChangeGold Fields*N892012.9011.0512.42-0.06…
The Northern Miner — North American Mining Index (June 24, 2002)
85.21 (-0.59)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (June 24, 2002)
91.60 (-2.65)(Sept. 30/98 = 100)…
Bears battle Bulls to a draw
Vancouver — The performance of Canada’s junior exchange mirrored the gyrating price of bullion over the report period ended June 18 as investors bought gold-related issues one day, only to sell them …
La Colorada construction under way
With a US$10-million project debt facility in hand from International Finance Corp., Pan American Silver (PAA-T) has begun construction aimed at quadrupling production at its La Colorada mine in Mexic…
Canadian Stock Exchange Indices (June 24, 2002)
DateJune 18June 17June 14June 13June 12HighLowTSX Composite7327.547357.427249.027283.607359.56…
Ensuring mining’s legitimacy, Part 2
The question remains: How does the industry regain the public credibility that, ultimately, underpins legitimacy?The answer is simple: it openly acknowledges the criticisms leveled at it, engages with…
Golds retrench
With bullion prices finding new support at around US$318 per oz., the U.S.-listed gold companies spent the report period June 12-18 consolidating at levels about 5% lower than the 52-week highs attain…
LME Warehouse Levels (June 24, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 18 (change from June 11 in brackets):MetalStock (tonnes)ChangeAluminium1205750(+…
PEOPLE (June 24, 2002)
Aurado — Roland Khalife, Raja Shaffu and Elie Soueiden appointed directors; David Robinson appointed CEO, Ian Baron appointed COO; Kamal Tamraz appointed CFO.Aurora — Daniel Innes appointed presiden…
Exchange Rates (June 24, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 18June 17June 14June 13June 12US$ in C$1.54411.54731.55001.5…