Holmer revs up drills in Timmins
Spurred on by rallying gold prices, Holmer Gold Mines (HGM-V) has renewed drilling at its high-grade Timmins property in northern Ontario.Between 1996 and 1998, Holmer outlined five near-surface paral…
Articles by Northern Miner Staff
PEOPLE (June 10, 2002)
AFCAN — David Netherway appointed president and CEO.Glencairn — Dunham Craig appointed president and COO.NovaGold — Walter Segsworth appointed director; Alex Morrison appointed preside…
Spot Prices Wed. June 5, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$324.50-$0.70Silver$ 5.05+$0.14Platinum$552.00+$…
Exchange Rates (June 10, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 4June 3May 31May 30May 29US$ in C$1.52791.52801.52751.5339…
Producer and Dealer Prices (June 10, 2002)
Antimony: Mid-mkt US$1,360/t.Bismuth: Mid-mkt US$3.10/lb.Cadmium: Mid-mkt US$0.25/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.00-8.65/lb.Copper: Comex July US$0.786/lb.Indium: Indi…
The Northern Miner — Small Producers Index (June 10, 2002)
102.09 (+4.57)(Sept. 30/98 = 100)…
China’s potential lures Pacific Minerals
Beijing, China — With 15 exploration licences and two mining permits in China, Pacific Minerals (PMZ-V) has positioned itself to take advantage of the country’s expanding need for metals in a rapidly…
Sustainable development, Part 2
Corporate actions in support of sustainable development are often muted. In part, this reflects a perception that engaging with the community is an expensive proposition and, moreover, fundamentally t…
Richard Franks
Richard Franks, a taxation manager with Rio Algom, has died after a lengthy illness. He was 50.Franks started as a junior tax clerk with Rio Algom after attending the University of Western Ontario. He…
Africa needs international investment more than aid: Oppenheimer
The following is a condensed portion of a speech given by Nicky Oppenheimer, chairman of De Beers, to the first annual gala dinner of the Canada-South Africa Chamber of Business, held in Toronto in Ap…
J-Pacific nabs Callahan
Vancouver-based J-Pacific Gold (JPN-V) has acquired an option to buy the Callahan property in Nevada’s Lander Cty.The Callahan property consists of 10 patented and 42 unpatented claims overlying a seq…
Kinross unloads Greystar
Recent insider trading transactions reported by the Ontario Securities Commission include the following:- Aurcana (AUN-V) — Ronald Netolizky, director, sold 1.17 million shares at 11-20 apiece, acqu…