Articles by Northern Miner Staff

Lending Rates (June 24, 2002)

as of 4 pm ET, June 18, 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-month0.37Gold leas…






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…



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…


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…


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