Disputada legal dispute heats up (August 27, 2002)
Vancouver — US oil giant ExxonMobil (XOM-N) has filed a civil suit against Chile’s state mineral company Enami, mo…
News
Namco’s diamond production provides a glimmer
With all four of its vessels afloat, Namibian Minerals (NMR-T) enjoyed increased production during the three months…
Trading Summary (August 26, 2002)
A 4.74% rise in the gold stocks powered Toronto stocks to a 6.07-point or 1.48% gain on Monday. The S&P/TSX Composi…
Geomaque extends hand to the market
Cash-strapped Geomaque Explorations (GEO-T) will attempt to raise $1.5 million by privately placing 22.2 million tr…
Seabee grades dog Claude (August 26, 2002)
Still struggling through lower grade ore from the D zone at the Seabee gold mine in Saskatchewan, Claude Resources…
Rietfontein yields broad low-grade nickel (August 26, 2002)
Vancouver -The first two holes drilled by Robert Friedland-led African Minerals into the westerns side of Anooraq R…
BeMaX eyes consolidated Pooncarie
Australian-based BeMaX Resources has agreed to buy Sons of Gwalia’s (SGW) 25% stake in the BIP joint venture, which…
The Northern Miner — North American Mining Index (August 26, 2002)
71.35 (-1.21)(Sept. 30/98 = 100)…
NAME CHANGES (August 26, 2002)
Dalmatian Resources (DTN-V) has changed its name to Enwest Ventures (ENN-V) on a 1-new-for-3-old-share basis.
News – 26-AUG-02
Short covering flatters to deceive
Aug. 12-16 at a Glance- Copper prices remain more cushioned on the downside, owing to a shortage of raw materials, but a test of the January low of US$1,434 per tonne is still likely in the current en…
Lending Rates (August 26, 2002)
as of 4 pm ET, Aug. 20, 2002(%)Bank of Canada2.75Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.77LIBOR US$ 6-month1.76LIBOR US$ 1-year1.90Gold lease 3-month0.32Gold leas…