Gold rally fizzles (sigh)
Gold bugs had little time to celebrate during the May 23-29 report period, as the mid-May gold rally quickly fizzled after a few exhilarating days. Coming off an earlier peak exceeding US$290 per oz.,…
Articles by Northern Miner Staff
Targets defined at Mackay Lake
Ground geophysical surveys are being conducted over two prominent circular anomalies on the Mackay Lake property, south of the Lac de Gras area in the Northwest Territories.A 75% interest in the prope…
Northern Miner Indices (June 04, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
Metal Prices (June 04, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 29May 28May 25May 24May 23Aluminium1498/1516.50…
Hawkeye outlines targets
Seven drill targets have been defined at the Yankee diamond exploration property in Nunavut following the completion, last year, of helicopter-borne magnetic surveys. The 364-sq.-km property is on Vic…
MOST ACTIVE ISSUES, MAY 23-29
ExchgVol(000s)HighLowCloseChangeDenison MinesT155400.240.190.20-0.02…
GREATEST VALUE TRADED, MAY 23-29
ExchgVal($000s)HighLowCloseChangeAlcoa*N49398844.0042.3943.46-0.14…
All’s well on the western front
Vancover — All indices on Canada’s junior market, now a wholly owned subsidiary of the Toronto stock exchange, continued to post gains during the report period ended May 29. The TSE’s recent, $50-mil…
Trading Summary (June 01, 2001)
The Toronto Stock Exchange ended the week on a high note, tacking on 89.03 points to close at 8,250.9 on Friday. Ga…
Rio Tinto gives Hail Creek the thumbs up
Rio Tinto (RTP-N) and its joint-venture partners have approved the development of the A$425-million Hail Creek coal…
Gold Fields buys into Radius Explorations
Vancouver — A wholly owned subsidiary of Gold Fields (GOLD-Q) will add $2 million to Radius Explorations’ (RDU-V)…
Trilogy Metals and GSC join forces at Muskox North
Vancouver — Trilogy Metals (TRG-V) has enlisted the Geological Survey of Canada (GSC) to help interpret geophysic…