The Northern Miner — North American Mining Index (November 18, 2002)
69.77 (-1.12)(Sept. 30/98 = 100)…
News
The Northern Miner — Small Producers Index (November 18, 2002)
80.30 (+5.91)(Sept. 30/98 = 100)…
Correction (November 18, 2002)
The story “New tents pitched in Red Lake camp” (T.N.M., Oct. 21/02) incorrectly stated that Southern Star Resources (YSO-V) is a wholly owned subsidiary of Golden Star Resources (GSC-T).Southern Star …
PEOPLE (November 18, 2002)
Almos Gold — Chester Millar, John McCluskey, Steve Stine, James McDonald and Richard Hughes appointed directors.
Lending Rates (November 18, 2002)
as of 4 pm ET, Nov. 12, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Prime4.25LIBOR US$ 3-month1.40LIBOR US$ 6-month1.40LIBOR US$ 1-year1.54Gold lease 3-month0.35Gold leas…
Placer moves to complete AurionGold takeover
With more than 91% of AurionGold’s shares in its grasp, Placer Dome (PDG-T) intends to exercise its rights to acquire the remainder.Placer expects to have the remaining shares within two months, at wh…
Royal sees revenues rise on Pipeline production
A 2.6% increase in the sliding-scale royalty on production from the Pipeline operation in Nevada resulted in higher third-quarter revenue for Denver-based Royal Gold (RGL-T).The gold royalty company s…
Coeur outlines more silver at Martha
Reverse-circulation drilling by Coeur d’Alene Mines (CDE-N) has increased the resource at the Martha silver mine in Santa Cruz province, Argentina, by about a quarter.The new resources are along strik…
Newmont still firmly in the black
Higher sales volumes and metal prices enabled Newmont Mining (NEM-N) to post its second profitable quarter as the world’s largest gold producer.Newmont earned US$24 million, or US6 per share, in the …
PDAC, BCSC co-host workshop
The Prospectors & Developers Association of Canada and the British Columbia Securities Commission are hosting a discussion of the new Continuous Market Access system.The Continuous Market Access syste…
De Beers finds base metals in northern Ontario
When it comes to new discoveries, expect the unexpected.While exploring for diamonds in the western James Bay Lowlands of northern Ontario, De Beers stumbled across some sulphide mineralization on gro…
Kikerk Lake returns promising stones
A delineation hole confirming the dyke-like nature of the Stellaria kimberlite on the Kikerk Lake joint-venture property in the Coronation Gulf region of Nunavut has yielded a modest microdiamond coun…