Metal Prices (October 15, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 9Oct. 8Oct. 5Oct. 4Oct. 3…
Articles by Northern Miner Staff
High River ups Buryat holding
High River Gold Mines (HRG-T) has bought a further 10% shareholding in Buryatzoloto, the Russian company that operates the Zun-Holba and Irokinda mines in the Buryat region in eastern Russia.The value…
Deals may bring Queenstake’s Magistral closer to production
Vancouver-based explorer Queenstake Resources (QRL-T) has entered into two agreements it says provide the financing and equipment it will need to put its Magistral gold project, in Sinaloa state, into…
Annax probes Pondok Gambir prospect
Vancouver — Mapping and test-pitting by International Annax Ventures (IAX-V) have uncovered two massive sulphide prospects on the Dairi zinc-lead-silver property in North Sumatra, Indonesia.The two p…
Prices struggle under consumer apathy
Uncertainty over the global economic outlook continued to dampen consumer buying interest during the report period Oct. 1-5, resulting in another dull week for base metals markets. Prices continued to…
Shore sizes up Star kimberlite (October 15, 2001)
Junior Shore Gold (SGF-V) has recovered more stones from its Star kimberlite project, 60 km east of Prince Albert, Sask.A total of 63 macrodiamonds and 166 microdiamonds (here defined as being less th…
Geomaque hangs tough at Vueltas del Rio
Although a year behind schedule, Geomaque Exploration (GEO-T) expects to achieve design capacity at its Vueltas del Rio mine by the first quarter of 2002.Situated in Honduras, Vueltas del Rio is one o…
Hucamp, Falco explore Timmins area
A joint venture between Hucamp Mines (YHU-V) and Falconbridge (FL-T) is spurring exploration in the Timmins camp of northern Ontario.Subject to regulatory approval, Falconbridge can earn up to a 75% s…
Saskatchewan checks old mines
The Saskatchewan government has issued an interim report on the health and environmental risks of abandoned mines in the province’s northern region.The Saskatchewan Environment and Resource Management…
Exchange Rates (October 15, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 9Oct. 8Oct. 5Oct. 4Oct. 3U…
MOST ACTIVE ISSUES, OCT. 3-OCT. 9
ExchgVol(000s)HighLowCloseChangeAlcoa*N1676832.9029.8231.61-0.34…
Poem snares youth Junior Miner of the Year award
When Caitlin Kearns was given an assignment by her science teacher to write a poem about mineral use in our daily lives, she was just an 11-year-old with an interest in the subject matter. Today, she …