Suppliers Roundup (June 16, 2003)
Skanska wins $50m contractNorth Bay, Ont.-based Cementation Skanska has won a $50-million contract to build a shaft at Goldcorp’s Red Lake mine in northwestern Ontario.Construction of the 2,200-metre …
News
Nova Scotia meeting focuses on gold potential
Bolstered by a rising gold price and a flurry of recent property deals, Nova Scotia’s gold exploration potential was featured at the Mining Society of Nova Scotia’s 116th annual meeting June 5-6.”This…
Montreal hosts dam conference
At a symposium on June 15 at the Palais des Congrs de Montral, specialists from the hydraulics and mining industries will exchange ideas on maintenance and environmental issues associated with taili…
Nevada Star kicks off geophysics at Man property
Vancouver –Nevada Star Resource (NEV-V) has started a ground geophysical survey on its 100% owned Dunite Hill project in Alaska.The MAN project is situated in east-central Alaska, south of Fairbanks …
Seabridge begins work in NWT
Vancouver — Junior Seabridge Gold (SEA-V) has launched a $1.6-million program of exploration on its wholly owned Courageous Lake project in the Northwest Territories.Initially, the company will selec…
Claude in the black in Q1
Benefiting from higher gold prices and improved production, Claude Resources (CRJ-T) made a profit of $600,000 (or 1 per share) in the first quarter, compared with a year-earlier loss of $2 million.R…
Northern Miner Indices (June 16, 2003)
CompanyTickerWeightBarrickABX-T20.0%CamecoCCO-T3.6%FalconbridgeFL-T4.6%Freeport McM BFCX-N5.8%GoldcorpG-T4.5%IncoN-T8.0%Kinross GoldK-T4.5%Newmont MiningNEM-N24.6%NorandaNRD-T4.8%P…
Spot Prices Wednesday June 11, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$354.15-11.15Silver$4.51-0.01Platinum$655.00-14.00…
Canadian Stock Exchange Indices (June 16, 2003)
DateJune 10June 9June 6June 5June 4HighLowTSX Composite7042.706972.427046.887034.87…
Gold adds lustre to dull market
Vancouver — Canada’s junior exchange edged forward as investors picked up selective junior stocks over the week ended June 10. The S&P-TSX Venture Exchange composite index added 7.98 points, or 0.73%…
Daily Metal Prices (June 16, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 10June 9June 6June 5June 4Al Alloy1352/1365…
Niocan expands niobium portfolio
Montreal-based Niocan (NIO-T) has struck a deal to acquire a second niobium property in the James Bay Lowlands from three vendors.Under the deal, Niocan would issue 2 million shares and 600,000 share …