Rockwell moves forward in Quebec
Vancouver — A 1,771-metre drill program over the Haut Plateau nickel-copper property in east-central Quebec has re…
News
Grayd goes to Gander
Vancouver — Junior Grayd Resource (GYD-V) has inked a deal with a private St. John’s-based company to pick up a si…
Diamond potential near Wawa lures big guns
An unusual diamond occurrence near Wawa in northern Ontario is attracting the attention of De Beers and Kennecott Canada Exploration.A package of unassuming Archean alkaline metavolcanic rocks is yiel…
News – 29-APR-02
Lending Rates (April 29, 2002)
as of 4 pm ET, Apr. 23, 2002(%)Bank of Canada2.50Canadian Prime4.00U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.94LIBOR US$ 6-month2.15LIBOR US$ 1-year2.71Gold lease 3-month0.39Gold leas…
The Northern Miner — North American Mining Index (April 29, 2002)
85.50 (+1.54)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (April 29, 2002)
79.22 (+0.98)(Sept. 30/98 = 100)…
Oil sands spell self-sufficiency for Canada
The recoverable portion of Canada’s crude bitumen resources, a black tarry hydrocarbon that coats the sands and carbonate sedimentary formations in the Athabasca, Cold Lake and Peace River regions of …
Suncor expands with Project Millennium
Suncor Energy (SU-T), Canada’s third-largest integrated oil company, is in the midst of a massive expansion of its Oil Sands operation, north of Fort McMurray, Alta., a move that should see the compan…
Gold Funds (April 29, 2002)
Gold Funds as at April 18, 2002Dundee Precious MetalsCentral FundNet Value$21.05$5.72Price$15.40$6.10…
WMC puts split vote on hold (April 29, 2002)
Diversified Aussie miner WMC (WMC-N) will postpone a vote by shareholders on a plan to divide into an aluminum unit and a diversified metals unit.Regulatory approval from the U.S. Securities & Exchang…
Teck takes hit in Q1
Vancouver — Poor base metal prices coupled with lower profits from power sales at Trail, B.C., substantially cut into Teck Cominco’s (TEK-T) net earnings during the first quarter.The major raked in a…