Canadian Stock Exchange Indices (June 10, 2002)
DateJune 4June 3May 31May 30May 29HighLowTSX Composite7568.027599.547656.137580.567611.91…
News
Holmer revs up drills in Timmins
Spurred on by rallying gold prices, Holmer Gold Mines (HGM-V) has renewed drilling at its high-grade Timmins property in northern Ontario.Between 1996 and 1998, Holmer outlined five near-surface paral…
PEOPLE (June 10, 2002)
AFCAN — David Netherway appointed president and CEO.Glencairn — Dunham Craig appointed president and COO.NovaGold — Walter Segsworth appointed director; Alex Morrison appointed preside…
Locals shoot down Tambo Grande plan
Residents of Tambogrande, a small agricultural centre 865 km northwest of Lima, Peru, have voted to reject a US$270-million gold and base metal mine proposed by Manhattan Minerals (MAN-T) of Vancouver…
Spot Prices Wed. June 5, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$324.50-$0.70Silver$ 5.05+$0.14Platinum$552.00+$…
Exchange Rates (June 10, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 4June 3May 31May 30May 29US$ in C$1.52791.52801.52751.5339…
Producer and Dealer Prices (June 10, 2002)
Antimony: Mid-mkt US$1,360/t.Bismuth: Mid-mkt US$3.10/lb.Cadmium: Mid-mkt US$0.25/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.00-8.65/lb.Copper: Comex July US$0.786/lb.Indium: Indi…
The Northern Miner — Small Producers Index (June 10, 2002)
102.09 (+4.57)(Sept. 30/98 = 100)…
Tenke sets sights on Argentine target
Vancouver — Continuing to focus on the prolific Maricunga gold belt, Tenke Mining (TNK-T) has inked a letter of intent to earn a 75% stake in TNR Resources’ (TRR-V) Batidero gold project in Argentina…
Smithers to host competition
British Columbia’s annual mine rescue competition is slated for June 13-15 in Smithers, 170 km northeast of Prince Rupert.The provincial mines ministry organizes the event. For more information, call …
China’s potential lures Pacific Minerals
Beijing, China — With 15 exploration licences and two mining permits in China, Pacific Minerals (PMZ-V) has positioned itself to take advantage of the country’s expanding need for metals in a rapidly…
Queenstake ups Magistral resource
Vancouver — Drilling by Queenstake Resources (QRL-T) has increase the grade and tonnage of the La Prieta zone in the Samaniego Hill area of its 50%-owned Magistral property in Mexico’s Sinaloa state….