Exchange Rates (July 22, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 16July 15July 12July 11July 10US$ in C$1.53481.53661.53021.5…
News
Port Colborne residents to appeal cleanup standard
Residents of Port Colborne, in Ontario’s Niagara region, have been given the right to appeal a cleanup order which they say is too limited.The order, made in March by the Ministry of the Environment, …
Producer and Dealer Prices (July 22, 2002)
Antimony: Mid-mkt US$1,550/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.50/lb.Copper: Comex Sept US$0.7435/lb.Indium: Ind…
Teck Cominco joins Wolfden’s pack (July 22, 2002)
Teck Cominco (TEK-T) has entered into an agreement with Wolfden Resources (YWO-V) to participate in the exploration of the High Lake volcanogenic massive sulphide property on Bathurst Inlet in Nunavut…
Kikerk Lake find carries diamonds
A kimberlite found this past spring by Ashton Mining of Canada (ACA-T) has proved diamond-bearing. The discovery was made on the Kikerk Lake joint-venture property in the Coronation Gulf district of N…
Hecla ups 2002 production targets
Continued operating success at the La Camorra gold mine in Venezuela and the San Sebastian silver mine in Mexico’s Durango state is allowing Hecla Mining (HL-N) to revise its production estimates for …
N. Dynasty tags new zones at Pebble
Large alteration halos associated with copper-gold porphyry deposits often host a wide array of mineralizing styles, and the 89-sq.-km Pebble system in southwestern Alaska is no exception: a 5,300-met…
Trans Hex weighs anchor at Marshall Fork
An internal dispute between Trans Hex Group of South Africa and Diamond Fields International (DFI-T) has ended their joint venture in Namibian coastal waters a little more than a year after it began.O…
Cumberland starts new Meadowbank drilling (July 22, 2002)
Cumberland Resources (CBD-T) has started a second phase of drilling on its Meadowbank gold project in Nunavut, following an earlier program that outlined a new zone of mineralization.The new program, …
MOST ACTIVE ISSUES, JULY 10-16
Volume(000s)HighLowCloseChangeNorthern OrionT708900.150.100.10+0.02…
Tagish Lake drills Skukum
Tagish Lake Gold (TLG-V) has dewatered the underground workings at the Skukum Creek property, 80 km south of Whitehorse, Y.T., in preparation for drilling.A structurally controlled, polymetallic gold-…
Early signs of recovery
COMMENTARY/BC & YUKON CHAMBER OF MINESThe level of interest in mineral exploration in British Columbia has increased appreciably over the past several months, largely as a result of legislative and po…