Aurizon eyes $8 m for Casa Berardi
Aurizon Mines (ARZ-T) has agreed to a private placement of 7.1 million share at $1.15 apiece with a group of underw…
Articles by Northern Miner Staff
Maude back to gold
With the price of gold reaching levels not seen in years, Maude Lake Exploration (MAU-V) has suspended its plan to create and list a diamond exploration vehicle.Instead, the Montreal-based junior will…
Producer and Dealer Prices (June 03, 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$7.25-8.80/lb.Copper: Comex July US$0.757/lb.Indium: Indi…
Daily Metal Prices (June 03, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 28May 27May 24May 23May 22Aluminium1336/1357…
Manitoba unveils tax credit for investors
The Manitoba government has introduced a mineral exploration tax credit and renewed two other exploration programs for three years.The tax credit will provide a 10% non-refundable tax credit to person…
Wolfden extends High Lake zones
Wolfden Resources (YWO-V) has begun a $2-million program of drilling and airborne geophysics at its High Lake volcanogenic massive sulphide property in Nunavut’s Bathurst Inlet.Hole 201, the first 40-…
‘Ineptitude’ closes Pas office
I recently attended the Mid-Canada Mining Corridor Conference in Flin Flon, Man., where I partook in excellent underground and surface tours. Looking around the Sportsplex, where the conference was he…
Semafo extends mineralization at Nyafe (June 03, 2002)
Reverse circulation drilling by Montreal-based Semafo (SMF-T) has extended the Nyafe gold-bearing structure, on the Mana property in Burkina Faso, some 300 metres to the northeast.Selected results for…
SGS acquires Lakefield Research
Socit Gnrale de Surveillance (SGS Group), headquartered in Geneva, Switzerland, has acquired Ontario-based metallurgical consultant Lakefield Research for nearly $42 million.Lakefield, which has a…
Spot Prices Wed. May 29, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$352.20+$6.95Silver$ 4.91+$0.09Platinum$547.00+$…
LME Warehouse Levels (June 03, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 28 (change from May 21 in brackets):MetalStock (tonnes)ChangeAluminium1139925(-57…
Northern Miner Indices (June 03, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)BarrickABX-T21.9%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport BFCX.B-N5.7%GoldcorpG-T3.2%IncoN-T7.9%Meridian GoldMNG-T2.5%Newmont Minin…