General Minerals extends Atocha mineralization (February 25, 2002)
Recent surface channel sampling by General Minerals (GNM-T) along strike from the A10 test mine site at the high gr…
Articles by Northern Miner Staff
Cambior back in black
Despite a US$5.4-million, fourth-quarter writedown related to its Omai gold mine in Guyana, Montreal-based Cambior…
Daily Metal Prices (February 25, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 19Feb. 18Feb. 15Feb. 14Feb. 13Aluminium1360.50…
Francisco drills Marlin project
Assay results for the final six drill holes of an 18-hole program completed in December 2001 continue to expand a gold-silver target at Francisco Gold’s (FGX-V) Marlin project in western Guatemala.Sin…
Diamond find at Festival proves low grade
The largest diamond recovered from a 100-tonne test sample of the Cristal showing on the Festival diamond property held near Wawa, Ont., weighed just 0.18 carat.Property owner Pele Mountain Resources …
KEGS goes hardrock
The Canadian Exploration Geophysical Society (KEGS) will host a short course on hardrock seismics on March 9, during the week of the annual convention of the Prospectors & Developers Association of Ca…
Newmont rises to the top
The volume leader among all the miners during the report period was Newmont Mining, which finally won control of both Normandy Mining and Franco-Nevada Mining, making it the the world’s largest gold m…
Getchell mine pushes Placer into red
Vancouver — Placer Dome (PDG-T) posted a US$29-million profit during the fourth quarter of 2001, but US$301 million in writedowns pushed the company US$133 million into the red for the year.Quarterly…
Faro agreement nixed
The federal Department of Indian and Northern Affairs, the Yukon government and Teck Cominco have terminated their memorandum of understanding (MOU) on the management of assets at the defunct Faro bas…
Producer and Dealer Prices (February 25, 2002)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.60-7.20/lb.Copper: Comex Mar. US$0.7075/lb.Indium: Ind…
Canadian Stock Exchange Indices (February 25, 2002)
DateFeb. 19Feb. 18Feb. 15Feb. 14Feb. 13HighLowTSE 3007470.987558.637515.307526.397561.38…
Lending Rates (February 25, 2002)
As of 4 pm ET, Feb. 19, 2002(%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75…