Lending Rates (December 17, 2001)
as of 4 pm Dec. 11, 2001 (%)Bank of Canada2.50Canadian Prime4.00U.S. Discount1.25U.S. Prime5.00LIBOR 3-month1.90LIBOR 6-month1.93LIBOR 1-year2.36Gold lease 3m0.9131Gold lease 1yr1.4087-…
Articles by Northern Miner Staff
Trading Summary (December 14, 2001)
A US$4.10-per-oz. jump in the price of gold to US$278.20 per oz. in New York sent investors racing to the Toronto S…
Commercial stones confirmed at Cristal
Vancouver — The Canadian exploration division of De Beers Consolidated Mines, now a subsidiary of Anglo American (…
Homestake shareholders give Barrick the nod
Homestake Mining’s (HM-N) shareholders officially gave the green light to a planned takeover of the Walnut, Califor…
Sulliden’s drills stall at Mario (December 14, 2001)
Nearly out of cash, Sulliden Exploration (SUE-T) has suspended a 3,500-metres drilling campaign on the Mario base m…
Stratoni operations resume
TVX Gold (TVX-T) reports that mining and milling activities have resumed at its Stratoni The resumption came a…
Blackstone acquires Ursus diamond property
Vancouver — Blackstone Ventures (BLV-V) has inked a deal with 4763 NWT to acquire 100% interest in the Ursus diamo…
Trading Summary (December 13, 2001)
Grim news from technology stocks south of the border sent the Toronto Stock Exchange down to levels not seen in abo…
Inmet boosts Cayeli stake (December 13, 2001)
Toronto-based Inmet Mining (IMN-T) has agreed to buy Gama Endustri’s 6% interest in the Cayeli copper-zinc in Turke…
Twin’s Cargo delivers 4 macros
Twin Mining (TWG-T) is encouraged by early results from two holes collared on the Cargo 1 kimberlite pipe at the Ja…
Poplar confirms grades at Central zone (December 13, 2001)
Vancouver – Poplar Resources (PPX-V) has hit multiple intervals of low-grade copper-platinum-palladium-gold mineral…
Alamos kicks of drilling program at Mulatos
Vancouver — With its eye on defining more high-grade near-surface mineralization Alamos Minerals (AAS-V) has comme…