News

Russian gold raises High River (August 19, 2002)

Near-record production from the 50%-owned New Britannia mine in Manitoba, combined with an increased stake in Russian gold miner Buryatzoloto, propelled High River Gold Mines (HRG-T) to a second-quart…


Aurizon posts loss on improved output

Despite higher gold production and realized prices for the yellow metal, Aurizon Mines (ARZ-T) incurred a loss of $1 million (or 2 per share) during the recent second quarter.By comparison, the compa…



JML to test Marten River

JML Resources (JJJ-V) is preparing for a drill program at its diamond project in northern Ontario.Based on more than 1,800 till samples and the results of a helicopter-borne geophysical survey, JML in…


Northern Miner Indices (August 19, 2002)

NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…


Exchange Rates (August 19, 2002)

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAugust 13August 12August 9August 8August 7US$ in C$1.56581.57401.5723…


Knife fight heads to court

Unable to come to terms with the Canadian exploration division of De Beers over the signing of a joint-venture agreement concerning the Knife Lake project in Nunavut, Rhonda (RDM-V) has ended discussi…


Burton named new WGC chief

James Burton will replace Haruko Fukuda as chief executive officer of the London-based World Gold Council. Currently, Burton is CEO of the California Public Employees Retirement System.Burton took ove…




Dynasty gets what it bargained for at Pebble

Even though the main deposit at the Pebble copper property is considered a plum in itself, it was really the exploration potential of the surrounding 250-sq.-km land package in Alaska that sustained t…


HMZ gains base metal mines, smelter in China

Canada’s junior mining companies have a long-standing tradition of being at the forefront of international exploration and development. This is especially true in countries where the potential is grea…


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