Residents shoot down Tambo Grande plan
Residents shoot down Tambo Grande planResidents of Tambogrande, a small agricultural centre about 865 km northw…
News
Rio Narcea ups forecast on record month
Rio Narcea Gold Mines pumped out a record 29,336 oz. of gold from its El Valle operation in Spain, during May, more…
Ivanhoe takes stake in Pacific Minerals
Vancouver — A US$3 million investment in Pacific Minerals (PMZ-V) paves the way for Ivanhoe Mines (IVN-T) to earn…
Aurizon eyes $8 m for Casa Berardi
Aurizon Mines (ARZ-T) has agreed to a private placement of 7.1 million share at $1.15 apiece with a group of underw…
The Northern Miner — North American Mining Index (June 03, 2002)
92.43 (+2.83)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (June 03, 2002)
97.52 (+5.64)(Sept. 30/98 = 100)…
Miramar, Hope Bay complete merger
With the merger of Miramar Mining (MAE-T) and Hope Bay Gold now a done deal, the new Miramar is confident its 100% ownership of the Hope Bay project in Nunavut will provide the platform for growth.The…
Placer targets takeover of Aussie miner
Vancouver — Falling metal prices over the past few years may have initiated consolidation in the mining industry, but as the price of bullion rises to levels not seen since 1999, the wave of mergers …
News – 03-JUN-02
Base metals steady as summer approaches
The major base metals continued to trade steadily to slightly lower during the report period May 20-24. The fillip of much-better-than-expected U.S. durable goods orders helped push prices to a fairly…
Commentary: Busang criticisms led to distortion
In this, the conclusion of a 2-part report, the author examines additional warning signs, or “red flags,” which supposedly should have been obvious to those involved in the Busang project in Indonesia…
Lending Rates (June 03, 2002)
as of 4 pm ET, May 28, 2002(%)Bank of Canada2.25Canadian Prime4.00U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.89LIBOR US$ 6-month2.10LIBOR US$ 1-year2.66Gold lease 3-month0.33Gold lease…