Exchange Rates (May 06, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 30April 29April 26April 25April 24US$ in C$1.56781.56621.5632…
News
CORRECTION – Eldorado Gold
Two articles appearing in The Northern Miner in recent weeks, both dealing with Eldorado Gold (ELD-T), require correction.The article “Eldorado expands zone at Kisladag” (T.N.M., April 29/02) was an o…
Minotaur cuts high grades
Vancouver — Junior Minotaur Resources has tabled impressive results from the Prominent Hill prospect at the Mt. Woods joint venture in southern Australia.Hole 5 was drilled 200 metres east of hole 3 …
Trading Summary (May 02, 2002)
The S&P/TSX Composite Index gained 23.19 points to end at 7,675.33 on Thursday. The golds remained in investors’ si…
Anglo nabs Disputada for US$1.3 billion
Vancouver – Adding some muscle to its already impressive base metal portfolio, London-based Anglo American (AAUK-Q)…
Goldcorp cruises on Red Lake (May 02, 2002)
Despite lower revenue, GoldCorp (G-T) was able to post higher first-quarter earnings thanks to the performance of i…
AngloGold lowers costs (May 02, 2002)
Vancouver – Having been knocked out of the number one spot in terms of gold ounces produced, AngloGold (AU-N) has l…
Hecla posts loss despite improved operating performance
Although gold production was up and cash costs were down at Hecla Mining (HL-N), the company still posted a loss fo…
Strike delays Trans Hex restructuring
Trans Hex International (THI-V) has negotiated a non-brokered private placement of up to 1 million units at 15U api…
Trading Summary (May 01, 2002)
The newly named S&P/TSX Composite Index ended its first day of trading 16.09 points lower at 7,647.3. The golds tac…
Philex sees more signs of a second porphyry (May 01, 2002)
Vancouver — As impressive drill results keep rolling in from the Boyongan copper-gold prospect in the Philippines,…
Cayeli, Troilus land Inmet in black (May 01, 2002)
Higher production at the Cayeli copper-zinc mine in Turkey and the Troilus gold mine in northern Quebec helped offs…