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Northern Miner Indices (July 01, 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…


US miners steady

During the period ended June 25, mining stocks proved to be an oasis of calm amid continuing turmoil in the broader U.S. equity markets, which re-tested post-911 lows.With gold prices continuing to fi…




Red Lake gold plays attract interest

Vancouver — Despite a strong showing in gold-related stocks, Canada’s junior exchange drifted lower over the report period ended June 25. The Canadian Venture Exchange composite index dropped 7.21 po…


Eldorado ups Kisladag

Vancouver — Eldorado Gold (ELD-T) has incorporated this year’s drill results into a resource estimate for the Kisladag project in western Turkey.The 4,565 metres drilled in 2002 have helped define th…


PGMs bullish in May

The investor and dealer selling that had undermined the platinum price in late April eased in early May, and physical demand provided a solid floor around US$520 per oz.The positive fundamentals for p…



IMA gains ground in southern Argentina

Vancouver — IMA Exploration (IMR-V) has acquired the 127-sq.-km Victoria claim package, which is contiguous with the company’s Bayas property in southern Argentina’s Chubut province.The new property …


Cdn. Royalties targets Ungava’s board

The fight between Canadian Royalties (CZZ-V) and Ungava Minerals (UNGV-CUB) has taken a twist, with the former, via a numbered subsidiary company, launching a 10-per-share cash bid for 51% of the lat…


Marshall Fork yields 17-carat diamond

Partners Diamond Fields International (DFI-T) and South African-based Trans Hex Group have recovered a 17-carat alluvial diamond off the coast of Namibia, near the town of Luderitz.The stone, which ca…


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