New tents pitched in Red Lake camp
Aquiline Resources (AQI-V) has entered into an option agreement to acquire a 60% stake in Global Consolidated Minerals’ Dome project, in the Red Lake mining camp in northern Ontario.To acquire its int…
Articles by Northern Miner Staff
Boliden files suit against Spanish construction firm
Boliden’s Spanish subsidiary has filed a US$100-million lawsuit against Dragados y Construccines, a construction company, in connection with the failure of the tailings dam at Boliden’s Los Frailes m…
MOST ACTIVE ISSUES, OCTOBER 9-15
ExchgVol(000s)HighLowCloseChangeAlcoa*N2325421.8117.6221.65+3.14…
Election turmoil comes at bad time for Brazil Reading Lula da Silva
Financial markets in Brazil were jittery after the first round of presidential elections gave Workers’ Party candidate Luiz Inacio Lula da Silva 46% of the vote, double that of his nearest rival, Jorg…
USGS, AGI to put atlas on DVD
The U.S. Geological Survey (USGS) and the American Geological Institute will develop a comprehensive DVD-based atlas of the world for use in American schools.The global USGS Geographic Information Sys…
Newmont turns Black Hawk down
Newmont Mining (NEM-N) has decided not to act on an option to earn earn a 55% stake in Black Hawk Mining’s (BHK-T) exploration properties in Nicaragua.Newmont had already sunk US$1.5 million into expl…
Producer and Dealer Prices (October 21, 2002)
Antimony: Recent trades US$3,200-3,300/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.32/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.00-6.80/lb.Copper: Comex Dec US$0.6…
Canadian Stock Exchange Indices (October 21, 2002)
DateOct. 15Oct. 14Oct. 11Oct. 10Oct. 9HighLowTSX Composite6219.44Holiday5978.665812.855…
Exchange Rates (October 21, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 15Oct. 14Oct. 11Oct. 10Oct. 9US$ in C$1.5855Holiday1.58881.5…
Toronto exchange roars back to life
Attracted by bargain prices, buyers outpaced sellers over the Oct. 9-15 report period to push the benchmark up 388.87 points. The TSX/S&P Composite Index finished the holiday-shortened week at 6,219.4…
Junior market slides lower still
Vancouver — Canada’s junior exchange failed to follow the major bourses higher as investors found little reason to buy speculative issues during the holiday-shortened report period ended Oct. 15. The…
GREATEST VALUE TRADED, OCTOBER 9-15
ExchgVal($000s)HighLowCloseChangeAlcoa*N50345821.8117.6221.65+3.14…