Northern Crown eyes Abitibi (April 08, 2002)
Vancouver — Northern Crown Mines (CXP-V) has inked a deal with Teck Cominco (TEK-T) to earn an 80% stake in the Amos gold-base metal property in Quebec’s Abitibi greenstone belt.Situated 70 km north …
News
Monument Bay yields high grades
The first hole reported from an ongoing drill program at Monument Bay, Man., assayed nearly an ounce of gold over 2.35 metres. The project is shared between Wolfden Resources (YWO-V) and Bema Gold (BG…
Spot Prices Wed. April 3, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$304.95+$7.45Silver$ 4.70+$0.06Platinum$534.00+$…
River strikes deal for Edwards
Strike Minerals (YKS-T) has agreed to acquire the mothballed Edwards mine in Algoma, Ont.Strike paid $20,000 on signing the deal and must issue 500,000 shares to River Gold Mines (RIV-T) plus 500,000 …
BHP Billiton gives MAC the nod (April 08, 2002)
BHP Billiton (BHP-N) has approved a US$564-million plan to develop an iron ore mine at its 85%-owned Mining Area C and expand its Port Hedland port-rail facilities. Both sites are in Western Australia…
Trend Mining gets Lake Owen
Idaho-based junior Trend Mining (TRDM-O) has completed an earn-in on the Lake Owen property in Wyoming, taking over a 100% interest from General Minerals (GNM-T).The property, in in southeastern Wyomi…
LME Warehouse Levels (April 08, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 2 (change from March 26 in brackets):MetalStock (tonnes)ChangeAluminium1029400(…
Exchange Rates (April 08, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 2April 1March 29March 28March 27US$ in C$1.59281.5994Holiday…
The Northern Miner — North American Mining Index (April 08, 2002)
86.32 (+3.67)(Sept. 30/98 = 100)…
Producer and Dealer Prices (April 08, 2002)
Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.20/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-7.20/lb.Copper: Comex May US$0.7635/lb.Indium: Indi…
Aurizon raises $5 million for Casa Berardi work
Aurizon Mines (ARZ-T) has arranged an offering that will raise $5 million for exploration work at the Casa Berardi gold deposit, 95 km north of La Sarre in northwestern Quebec.The offering, being made…
The Northern Miner — Small Producers Index (April 08, 2002)
84.11 (+7.51)(Sept. 30/98 = 100)…