Shear Minerals, Golconda nab Alaskan diamonds
Edmonton-based Shear Minerals (SRM-V) and partner Golconda Resources (GA-V) report that diamonds have been recovere…
News
Alcoa rebounds in second quarter
Alcoa (AA-N), the world’s largest aluminum company, turned in a respectable second-quarter earnings report that ref…
Aurizon grabs TVX’s Casa Berardi stake
Aurizon Mines (ARZ-T) has acquired TVX Gold’s (TVX-T) residual interest in the Casa Berardi project in northwestern…
Birim cashes up for Ghana drilling
Vancouver — Birim Goldfields (BGI-T) has raised $500,000 through the exercise of 972,652 outstanding warrants at a…
Moydow waits for Newmont
A July 24th decision by Newmont Mining (NEM-N) regarding the fate of the Ntotoroso gold project in Ghana’s Sefwi gold belt is looming large for equal joint-venture partner Moydow Mines International (…
News – 08-JUL-02
Down from the summit
As he promised, Prime Minister Jean Chrtien kept the leaders of the Group of Eight industrialized nations on the message of African development. It was a great success, culminating with the summit’s …
PGM outlook good for rest of decade: Canaccord
In a recent report, Canaccord Capital mining analyst Roger Chaplin sits back and takes a look at the long-term prospects for platinum group metals and the major PGM mining stocks.He describes the PGM …
Base metals withstand US corporate scandal
Don’t panic.On the morning of Wednesday, June 26, in the wake of the latest example of gross U.S. corporate misgovernance, it would have taken a brave person to bet on base metals markets ending the w…
Lending Rates (July 08, 2002)
as of 4 pm ET, July 2, 2002(%)Bank of Canada2.75Canadian Prime4.25U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.86LIBOR US$ 6-month1.96LIBOR US$ 1-year2.27Gold lease 3-month0.36Gold lease…
Gold Funds (July 08, 2002)
Gold Funds as at June 27, 2002Dundee Precious MetalsCentral FundNet Value$23.64$5.82Price$17.50$6.57…
The Northern Miner — North American Mining Index (July 08, 2002)
79.59 (-5.42)(Sept. 30/98 = 100)…