Guyana pursues placement
Guyana Goldfields (YGI-V) will attempt to raise $400,000 by way of a brokered private placement.The placement comprises 1 million units priced at 40 each. A unit consists of a share and half a warran…
Articles by Northern Miner Staff
Lending Rates (April 15, 2002)
as of 4 pm ET, Apr. 9, 2002(%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.97LIBOR US$ 6-month2.23LIBOR US$ 1-year2.97Gold lease 3-month0.48Gold lease…
Eastfield bullish on Lorraine
Vancouver — Eastfield Resources (ETF-V) has tabled encouraging results from two more holes drilled on the Lorraine copper-gold property near Prince George, B.C.The latest bout of drilling was aimed a…
OSC charges Lydia Diamond
The Ontario Securities Commission has ordered a hearing into alleged violations of the Securities Act by executives of Lydia Diamond Exploration (LDIA-C).The Commission alleges that the couple who ser…
PEOPLE (April 15, 2002)
Alcoa — Carlos Ghosn appointed director.Crew Development — Jan Vestrum appointed president and CEO.Cumberland — Brad Thiele appointed vp, Meadowbank project development.Dia…
De Beers denies hidden agenda
De Beers is defending itself against allegations of monopolistic behaviour toward a black empowerment group.The major’s relationship with New Diamond Corp. (NDC) came into question after the Johannesb…
LME Warehouse Levels (April 15, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 9 (change from April 2 in brackets):MetalStock (tonnes)ChangeAluminium1042825(+…
AIM steps up marketing drive in Canada
Fresh from a marketing coup in Australia, representatives of the London Stock Exchange’s Alternative Investment Market (AIM) are wooing Canadian juniors that might benefit from a London listing.AIM is…
CDNX slumps on low volume
Vancouver — The trading volume of Canada’s junior exchange fell to levels not seen since January during the report period ended April 9, as investors found little reason to buy stocks. The Standard &…
Daily Metal Prices (April 15, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 9April 8April 5April 4April 3Aluminium1353.50…
Exchange Rates (April 15, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 9April 8April 5April 4April 3US$ in C$1.59681.59411.59…
Canadian Stock Exchange Indices (April 15, 2002)
DateApril 9April 8April 5April 4April 3HighLowTSE 3007722.117747.557782.117784.527842.32…