Rio Narcea ups forecast on record month
Rio Narcea Gold Mines pumped out a record 29,336 oz. of gold from its El Valle operation in Spain, during May, more…
Articles by Northern Miner Staff
Ivanhoe takes stake in Pacific Minerals
Vancouver — A US$3 million investment in Pacific Minerals (PMZ-V) paves the way for Ivanhoe Mines (IVN-T) to earn…
Aurizon eyes $8 m for Casa Berardi
Aurizon Mines (ARZ-T) has agreed to a private placement of 7.1 million share at $1.15 apiece with a group of underw…
Gold fever grips TSX Venture Exchange
Vancouver — With gold stocks leading the way, Canada’s junior exchange continued its upward march over the report period ended May 28. The S&P-TSX Venture Index climbed 22.9 points, or 1.9%, and clos…
Producer and Dealer Prices (June 03, 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$7.25-8.80/lb.Copper: Comex July US$0.757/lb.Indium: Indi…
Wolfden extends High Lake zones
Wolfden Resources (YWO-V) has begun a $2-million program of drilling and airborne geophysics at its High Lake volcanogenic massive sulphide property in Nunavut’s Bathurst Inlet.Hole 201, the first 40-…
‘Ineptitude’ closes Pas office
I recently attended the Mid-Canada Mining Corridor Conference in Flin Flon, Man., where I partook in excellent underground and surface tours. Looking around the Sportsplex, where the conference was he…
Semafo extends mineralization at Nyafe (June 03, 2002)
Reverse circulation drilling by Montreal-based Semafo (SMF-T) has extended the Nyafe gold-bearing structure, on the Mana property in Burkina Faso, some 300 metres to the northeast.Selected results for…
SGS acquires Lakefield Research
Socit Gnrale de Surveillance (SGS Group), headquartered in Geneva, Switzerland, has acquired Ontario-based metallurgical consultant Lakefield Research for nearly $42 million.Lakefield, which has a…
Spot Prices Wed. May 29, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$352.20+$6.95Silver$ 4.91+$0.09Platinum$547.00+$…
LME Warehouse Levels (June 03, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 28 (change from May 21 in brackets):MetalStock (tonnes)ChangeAluminium1139925(-57…
Northern Miner Indices (June 03, 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…