Ukraine to close unsafe mines
Ukrainian President Leonid Kuchma has vowed to close all unsafe mines following an explosion at a coal pit that killed 20 people.The blast occurred about 1,000 metres below ground at the Zasyadko mine…
News
PEOPLE (August 12, 2002)
Miranda Mining — Enrique Miranda-Paz, Armando Busto-Adan, Ken Booth, Ken Thorsen and Richard O’C Whittall appointed directors.Pacific Minerals — Gary Artmont appointed vp exploration.Robex…
Cave-in kills 15 miners in Zimbabwe
At least 15 gold miners at an illegal operation in Zimbabwe were killed when a mine shaft collapsed.The accident occurred at an abandoned mine at Mhondoro, 125 km southwest of Harare, according to rep…
Steady earnings at Cameco (August 12, 2002)
Uranium producer Cameco (CCO-T) posted second-quarter net earnings of $12 million, or 22 per share, on revenue of $195 million, as increased sales volumes and improved uranium and gold prices bulked …
Spot Prices Wed. August 6, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$307.80+$2.40Silver$ 4.64-$0.02Platinum$526.00-$…
Northern Miner Indices (August 12, 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…
Olympus cuts ore-grade skarn in Khe Rin area (August 12, 2002)
Vancouver — Olympus Pacific Minerals (OYM-P) has intersected ore-grade gold mineralization while drilling in the central Phuoc Son area.Drill hole 023 was drilled into the Khe Do prospect, 1.4 km sou…
LME Warehouse Levels (August 12, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 6 (change from July 30 in brackets):MetalStock (tonnes)ChangeAluminium1291750(…
Canadian Stock Exchange Indices (August 12, 2002)
DateAugust 6August 5August 2August 1July 31HighLowTSX Composite6519.16Holiday6536.476550.71660…
Gold price drives junior exchange
Vancouver — Junior resource stocks started to make a comeback over the holiday-shortened week ended Aug. 6 as economic uncertainty deepened in the U.S. The TSX Venture Exchange composite index closed…
MOST ACTIVE ISSUES, JULY 31-AUG. 6
ExchgVol(000s)HighLowCloseChangeKinross GoldT246372.872.482.79+0.14…
GREATEST VALUE TRADED, JULY 31-AUG. 6
ExchgVal($000s)HighLowCloseChangeAlcoa*N46610527.2023.9624.97-1.01…