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…
Articles by Northern Miner Staff
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)…
Tenke sets sights on Argentine target
Vancouver — Continuing to focus on the prolific Maricunga gold belt, Tenke Mining (TNK-T) has inked a letter of intent to earn a 75% stake in TNR Resources’ (TRR-V) Batidero gold project in Argentina…
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…
Queenstake ups Magistral resource
Vancouver — Drilling by Queenstake Resources (QRL-T) has increase the grade and tonnage of the La Prieta zone in the Samaniego Hill area of its 50%-owned Magistral property in Mexico’s Sinaloa state….
Novagold hits new zone at Donlin
Vancouver — An ongoing drill program by NovaGold Resources (NRI-T) has uncovered a new zone of mineralization some 500 metres north of the high-grade Acma deposit, on the Donlin Creek property in Ala…
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…
Red Emerald eyes Midway gold project
Epithermal gold prospects dot the countryside of central Nevada, but Red Emerald Resource (RED-V) is attempting to connect the ones found at its Midway property into an actual deposit.Midway lies betw…