PEOPLE (April 08, 2002)
Asia Pacific — John Bovard appointed CEO.Barker — Christopher Wild appointed exploration manager.Diamonds North — Mark Kolebaba appointed president.Dynatec — Bru…
News
Hecla gets lease at El Callao Block B
Already active in eastern Venezuela, Hecla Mining (HL-M) has received notice from Venezuelan state enterprise Corporacion Venezolana de Guayana (CVG) that it has been awarded an 18-sq.-km lease in the…
SouthernEra, partners test ATW Mackay Lake
A drilling program at the ATW Mackay Lake diamond property, south of Lac de Gras in the Northwest Territories, is testing three geophysical targets. The effort is designed to locate the source of a pr…
Black Swan, Canadian Zinc execs tap treasuries
Recent insider trading transactions reported by the Ontario Securities Commission include the following:- Black Swan Resources (BSW-T) — Stephen Fabian, director, sold 268,884 shares privately and in…
Namibian still faced with difficulties
Last year saw Namibian Minerals (NMR-T) chalk up heavy losses as it struggled to remain afloat.In early 2001, the marine diamond miner was forced into provisional liquidation after its NamSSol seafloo…
Monument Bay yields high grades
The first hole reported from an ongoing drill program at Monument Bay, Man., assayed nearly an ounce of gold over 2.35 metres. The project is shared between Wolfden Resources (YWO-V) and Bema Gold (BG…
BHP Billiton gives MAC the nod (April 08, 2002)
BHP Billiton (BHP-N) has approved a US$564-million plan to develop an iron ore mine at its 85%-owned Mining Area C and expand its Port Hedland port-rail facilities. Both sites are in Western Australia…
Northern Miner Indices (April 08, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)BarrickABX-T21.9%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport BFCX.B-N5.7%GoldcorpG-T3.2%IncoN-T7.9%Meridian GoldMNG-T2.5%Newmont Minin…
Daily Metal Prices (April 08, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 2April 1March 29March 28March 27Aluminium1379…
Resource stocks rally with higher Metal Prices
Buoyed partly by stronger resource stocks, the Toronto Stock Exchange 300 index ascended 136.7 points over the holiday-shortened March 27-April 2 report period to finish the week at 7,893.39.Gold soar…
Inco told to clean up houses
Ontario’s Ministry of Environment has ordered Inco to clean 25 residential properties polluted by its nickel refinery in Port Colborne.The decision is consistent with a draft order issued in October 2…
GREATEST VALUE TRADED, MARCH 27-APR 2
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N57521129.2026.7028.52+2.07…