Exchange Rates (November 12, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 6Nov. 5Nov. 2Nov. 1Oct. 31US$ in C$1.59361.59561.5922…
Articles by Northern Miner Staff
Canadian Stock Exchange Indices (November 12, 2001)
DateNov. 6Nov. 5Nov. 2Nov. 1Oct. 31HighLowTSE 3007145.467079.337023.976984.616885.709…
Banro seeks return of Congolese gold assets
Toronto-based Banro (YBE-V) will submit a proposal to government officials from the Democratic Republic of the Congo in an effort to resolve a long-standing dispute over the government’s seizure of go…
Industry opposes cyanide ban
Industry representatives in Wisconsin are taking aim at a bill that would ban the use of cyanide in mining.Opponents say the bill would needlessly kill jobs while providing no additional protection of…
Coronation pipes return strong counts
A new kimberlite camp is emerging some 50-120 km south of Coronation Bay in the northern Slave Craton region of Nunavut. Discoveries by Ashton Mining of Canada (ACA-T) and Kennecott Canada Exploration…
South African players consolidate Free State assets
Harmony Gold (HGMCY-Q), which has made a name for itself by acquiring marginal or unprofitable South African mines and turning them around, has submitted an undisclosed cash offer to acquire all of An…
Teck, union reach deal
Teck Cominco and the unions at the company’s Trail operations in southwestern British Columbia have ratified the terms a collective agreement.The contract runs through 2005 and is retroactive to June …
BHP Billiton posts higher profit (November 12, 2001)
Vancouver — Strong prices for iron ore and increased coal sales in Asia propelled the world’s biggest mining company to a profit of US$608 million (or 10 per share) in the fiscal first quarter ended…
Trading Summary (November 09, 2001)
The Toronto Stock Exchange ended the week on a high note gaining 68.91 points to close at 7,209.7 points. Powering…
CVG fires latest shot at Las Cristinas
Minera Las Cristinas (Minca) has advised Vannessa Ventures (VVV-V) that Corporacion Venezolana de Guayana (CVG) int…
Starfield ups West zone
Vancouver – Junior Starfield Resources (SRU-V) continues to increase the tonnage at the West zone on the Ferguson L…
Rubicon encouraged at Slate Bay
Vancouver — A 1,600 metre drill program by partners Anglogold (AU-N) and Rubicon Minerals (RMX-V) has returned som…