NovaGold drills Donlin Creek
As part of a prefeasibility study, NovaGold Resources (NRI-T) has begun drilling at its Donlin Creek project in southwestern Alaska.The work is being financed with proceeds from an $18.5-million equit…
News
LME Warehouse Levels (April 29, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 23 (change from April 16 in brackets):MetalStock (tonnes)ChangeAluminium1076725…
The Northern Miner — North American Mining Index (April 29, 2002)
85.50 (+1.54)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (April 29, 2002)
79.22 (+0.98)(Sept. 30/98 = 100)…
CDNX gains on moderate volume
Canada’s junior exchange moved higher on moderate volume over the week ended April 23. The Standard & Poor’s-CDNX composite index tacked on 8.91 points, or 0.7%, to close at 1,164.08.Goldminco topped …
Daily Metal Prices (April 29, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 23April 22April 19April 18April 17Aluminium13…
Syncrude pumps up oil sands production
The Athabasca oil sands deposit in northeastern Alberta hosts the single largest source of petroleum on earth, so it comes as no surprise that the region’s largest producer, Syncrude Canada, is spendi…
Athabasca exceeds Saudi reserves
As conventional supplies of oil and gas in Canada are depleted, the oil sands of northern Alberta offer the world an increasingly important energy source with low political risk.Oil sands in Alberta a…
Golds up in U.S.
With gold trading once again above US$300 per oz., the U.S.-listed majors turned in a strong performance over the report period ended April 23.Newmont Mining advanced 99 to US$29.24; AngloGold rose $…
MOST ACTIVE ISSUES, APRIL 17-23
ExchgVol(000s)HighLowCloseChangeKinross GoldT158662.472.112.40+0.21…
GREATEST VALUE TRADED, APRIL 17-23
ExchgVal($000s)HighLowCloseChangeBarrick GoldT45957730.2228.0230.04+1.98…
Atacama speeds up expansion
Vancouver — With its Aguas Blancas iodine mine in Chile running smoothly, Atacama Minerals (AAM-V) is arranging a US$3.5-million revolving credit facility to boost production.The credit facility will…