Yamana eyes Brazilian gold production (June 23, 2003)
Vancouver Looking to become a 100,000 oz per year gold producer, Spokane-based Yamana Resources (YRI-T) has agree…
Articles by Northern Miner Staff
Trading Summary (June 23, 2003)
A US$3.20-per-oz. drop in the price of gold sent Toronto’s gold stocks 4.87 points lower to 168.05 on Monday. The y…
Drills turn at Copler
Recent follow-up drilling by partners Rio Tinto (RTP-N) and Anatolia Minerals Development (ANOu-V) has cut gold min…
High River fills in Berezitovoye
High River Gold Mines (HRG-T) has tabled the results of a 25-hole infill drill program at its Berezitovoye gold pro…
Redcorp launches $1.6m program
Vancouver — Redcorp Ventures (RDV-T) will carry out 8,000 metres of surface and underground drilling at the Tulsequah polymetallic project in northwest British Columbia.The junior aims to find extens…
News – 23-JUN-03
Although Saskatchewan kimberlites carry much lower grades than those being mined in the Canadian Arctic, the sheer size of the Fort la Corne kimberlites renders them highly attractive targets.The Fo…
Northern Miner Indices (June 23, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T20.0%CamecoCCO-T3.6%FalconbridgeFL-T4.6%Freeport McM BFCX-N5.8%GoldcorpG-T4.5%IncoN-T8.0%Kinross GoldK-T4.5%Newmont MiningNEM…
Lending Rates (June 23, 2003)
as of 4 pm ET, June 17, 2003(%)Bank of Canada3.50Canadian Prime5.00U.S. Discount Primary2.25U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.06LIBOR US$ 6-month1.01LIBOR US$ 1-year1.02Gold …
Newmont writes off AMC
It was an expensive report period for Denver-based Newmont Mining, which bit the bullet and wrote off its recent, A$100-million investment in Aussie-listed Australian Magnesium Corp., developer of the…
Producer and Dealer Prices (June 23, 2003)
Antimony: Mid-mkt US$2,570/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$9.70-10.25/lb.Copper: Comex July US$0.7810/lb.Indium: Indium Corp., ingot, US$140/kg.Iridi…
Canadian Stock Exchange Indices (June 23, 2003)
DateJune 17June 16June 13June 12June 11HighLowTSX Composite7121.027099.277010.557106.86…
Etruscan, Semafo break ground in Niger
Having raised US$27 million in a debt financing, partners Etruscan Resources (EET-T) and Semafo (SMF-T) are stepping up construction of the Samira Hill gold project in Niger.Under the financing deal, …