BC Survey teams with Eastfield
The British Columbia Ministry of Energy and Mines has joined with Eastfield Resources in an initiative aimed at stimulating investment in mineral exploration.Under the deal, the government will perfor…
News
Glenhaven options ground in Birch Uchi belt
Vancouver — Glenhaven Ventures (GHM-V) has inked a deal to acquire the Springpole gold property in the Birch Uchi greenstone belt, near Red Lake, Ont.The junior will pay the vendor $98,000 over four …
Alcan ups output at Kitimat
Beginning in August, Alcan will boost annual production at its Kitimat aluminum smelter in northern British Columbia by 60,000 tonnes, to 240,000 tonnes.The move is possible because of higher water le…
BPR-Bechtel to have HQ in Montreal
U.S. engineering giant Bechtel Group will form a joint venture with Quebec-based BPR and relocate its North American mining and metals headquarters to Montreal from Denver.The new company, BPR-Bechtel…
Canyon wins enviro kudos
Denver-based Canyon Resources has been recognized for its environmental work at the Briggs gold mine in southeastern California.In a letter addressed to the company, the state director of the bureau o…
Wolverton picks seven top gold juniors
As the rally in gold stocks percolates downwards into smaller and smaller companies, analysts such as Tracy Hurley of Wolverton Securities are examining microcap gold stocks and recommending those tha…
Copper, aluminum lead base metals
A late rally on Friday, June 14, prevented copper and aluminum from giving up all of the gains made over the previous two weeks, but they still look set to lead the base metals complex lower over the …
Gitennes fires blanks at Bear
Scout drilling at the Bear property, north of Thunder Bay, Ont., has come up dry for Vancouver-based Gitennes Exploration (GIT-T).The junior sank three holes into a coincident electromagnetic and magn…
Spot Prices Wed. June 19, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$321.85+$2.30Silver$ 4.90+$0.02Platinum$565.00+$…
Partners drill River Valley (June 24, 2002)
Drilling by Mustang Minerals (YMU-V) and South African-based Impala Platinum Holdings (Implats) has highlighted more platinum group metal mineralization in the River Valley intrusion of northern Ontar…
Lending Rates (June 24, 2002)
as of 4 pm ET, June 18, 2002(%)Bank of Canada2.75Canadian Prime4.25U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.87LIBOR US$ 6-month1.97LIBOR US$ 1-year2.34Gold lease 3-month0.37Gold leas…
MOST ACTIVE ISSUES, JUNE 12-18
ExchgVol(000s)HighLowCloseChangeKinross GoldT518763.813.133.32-0.26…