Trading Summary (June 17, 2002)
The Toronto Stock Exchange’s S&P/TSX Composite Index pulled out of its 10-session skid gaining 108.4 points or 1.5%…
Articles by Northern Miner Staff
Glamis tables El Sauzal feasibility study
Vancouver — Since the announcement of the merger in March, Nevada-based Glamis Gold (GLG-T) and Francisco Gold (FG…
La Colorada construction commences
With a US$10-million project debt facility in hand from International Finance Corp., Pan American Silver (PAA-T) ha…
Partners drill River Valley (June 17, 2002)
Vancouver — Mustang Minerals (YMU-V) and Impala Platinum Holdings (Implats) have released more drill results from…
Tri Origin, Triako encouraged down under
An initial round of drilling by Sydney, Australia-based Triako Resources on Tri Origin Exploration’s (TOE-V) Overfl…
Patrician joins Commander and Ascot in Nunavut
A letter of agreement with Diamonds North Resources, a subsidiary of Commander Resources (CMD-V) (formerly Major Ge…
Falco fined for foul effluent (June 17, 2002)
Falconbridge has been fined $16,000 by the Ontario Court of Justice after pleading guilty to four counts of failing to comply with the Environmental Protection Act.The charges stem from the discharge …
Northern Miner Indices (June 17, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)BarrickABX-T21.9%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport BFCX.B-N5.7%GoldcorpG-T3.2%IncoN-T7.9%Meridian GoldMNG-T2.5%Newmont Minin…
Dumont nixes work at Attawapiskat
Dumont Nickel (DNI-V) has suspended exploration drilling on its 235-sq.-km land package in the Attawapiskat region of northern Ontario after failing to encounter any kimberlite in the first two target…
Manitoba kimberlites prove elusive
Vancouver — A 1999 report by the Manitoba Geological Survey which showed that the province is geologically prospective for hosting diamond occurrences sparked a staking rush in the Superior craton. H…
Diamond Fields posts earnings (June 17, 2002)
During the quarter ended March 31, Diamond Fields International (DFI-T) reported net income for the first time.The company earned $69,912 for the 3-month period, compared with a net loss of $1.1 milli…
Lending Rates (June 17, 2002)
as of 4 pm ET, June 11, 2002(%)Bank of Canada2.75Canadian Prime4.25U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.89LIBOR US$ 6-month2.03LIBOR US$ 1-year2.51Gold lease 3-month0.39Gold leas…