The Northern Miner — North American Mining Index (September 02, 2002)
75.15 (+3.8)(Sept. 30/98 = 100)…
News
Freegold looking to feed Fort Knox
Fairbanks, Alaska — With what appears to be an upturn in the gold market, International Freegold Mineral Development (ITF-V) is focusing its exploration efforts on Alaska.The company’s flagship prope…
Ashton, Soquem step up work in Otish Mountains
Encouraged by the size of the diamonds recovered from the Renard cluster of kimberlitic intrusions in the Otish Mountains region of north-central Quebec, the Ashton Mining of Canada (ACA-T) and Soquem…
News – 02-SEP-02
PEOPLE (September 02, 2002)
AfriOre — Stuart Comline appointed executive chairman; and Michael van Aswegen appointed president and CEO.Ledcor Industries — Mark Blakely appointed director of marketing.
NAME CHANGES (September 02, 2002)
Gold Giant Minerals (GNR-V) has changed its name to Gold Giant Ventures (GGV-V) on a 1-new-for-10-old-share basis.Oliver Gold (CNI-V) has changed its name to Canico Resource…
Lending Rates (September 02, 2002)
as of 4 pm ET, Aug. 27, 2002(%)Bank of Canada2.75Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.82LIBOR US$ 6-month1.83LIBOR US$ 1-year1.99Gold lease 3-month0.32Gold leas…
Base metals benefit from modest recovery in US equities
The pressure on metals prices lifted over the report period Aug. 19-23, thanks to a more positive tone in U.S. equity markets. The recent signs of stabilization in metals are not surprising given the …
The Northern Miner — Small Producers Index (September 02, 2002)
74.10 (+3.88)(Sept. 30/98 = 100)…
Seabee grades dog Claude (September 02, 2002)
Beset with lower-grade ore from the Seabee gold mine in Saskatchewan, Claude Resources (CRJ-T) finished the first half of 2002 about $3 million in the red.The loss translates into 7 per basic and dil…
US markets reverse course
In another typical display of these troubled times, U.S. markets reversed course to finish the Aug. 21-27 report period worse off than when they started.The Dow Jones Industrial Average slipped 47.66 …
Sulliden set to acquire Peruvian deposit
With $150,000 in hand from a recent private placement, Montreal-based Sulliden Exploration (SUE-T) has inked a letter of intent to acquire Peru’s Shahuindo gold property from Compania Minera Algamarca…