BHP opts out of Tabletop
Vancouver – Disappointing drill results from a 658 metre drill program has prompted BHP Billiton (BHP-N) to stop wo…
News
Olympus active in Vietnam
Vancouver – Despite cutting encouraging gold values during a newly completed 2,300 metre drill program at the Khe R…
McWatters to restart Sigma mill soon
Having recently suspended operations at its Kiena underground mine in Val d’Or, Que., McWatters Mining (MWA-T) is l…
PEOPLE (November 04, 2002)
Gammon Lake — Rodolfo Nieblas Castro appointed director.Patricia — Eric Kallio appointed VP exploration.Radisson — Dale Hendrick and Donald Lacasse appointed directors.Robe…
Lending Rates (November 04, 2002)
as of 4 pm ET, Oct. 29, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.76LIBOR US$ 6-month1.67LIBOR US$ 1-year1.71Gold lease 3-month0.31Gold leas…
Cumberland finds sixth deposit at Meadowbank
Following summer drilling on the PDF prospect at the Meadowbank gold project in Nunavut, Cumberland Resources (CBD-T) is confident it has discovered a new deposit.The company spent $6.5 million at Mea…
The Northern Miner — North American Mining Index (November 04, 2002)
68.10 (-0.33)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (November 04, 2002)
67.82 (+3.81)(Sept. 30/98 = 100)…
A hole in the ground with a buyer on top
Mark Twain is credited with having defined a mine as a “hole in the ground with a liar on top.” But when it comes to the diamond business, it’s a “hole in the ground with a buyer on top.”Diamonds trav…
High Arctic zinc mine closures signal end of era
Nanisivik, Nunavut — The final zinc and lead concentrate shipments from the High Arctic departed for Europe’s smelters in September, signaling the end of an era for Canadian mining.For more than two …
Wolfden outlines depth potential at High Lake
Vancouver — Wolfden Resources (YWO-V) continues to intersect high-grade copper mineralization at depth and down-plunge in the B zone of its High Lake property, in the Kitikmeot region of Nunavut, abo…
NAME CHANGES (November 04, 2002)
Redstar Resources (RST-V) has changed its name to Redstar Gold (RGC-V) on a 1-new-for-6-old-share basis.Seine River (SRO-V) has changed its name to Trinity Plumas Capital…