Brancote positions Meridian for growth
Convinced that the high-grade Esquel project in Argentina has the potential to be a company-maker like its El Peon mine in Chile, Meridian Gold (MNG-T) has agreed to merge with Brancote Holdings, a L…
News
News – 15-APR-02
Gold Fields, Outokumpu expand Finnish PGM play
Feasibility, local support augur well for Arctic Platinum projectWith a mandate to grow and diversify geographically, management of South Africa’s Gold Fields (GOLD-Q) is optimistic about the potentia…
The Northern Miner — North American Mining Index (April 15, 2002)
81.87 (-4.45)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (April 15, 2002)
77.35 (-6.76)(Sept. 30/98 = 100)…
Lending Rates (April 15, 2002)
as of 4 pm ET, Apr. 9, 2002(%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.97LIBOR US$ 6-month2.23LIBOR US$ 1-year2.97Gold lease 3-month0.48Gold lease…
Gold Funds (April 15, 2002)
Gold Funds as at April 4, 2002Dundee Precious MetalsCentral FundNet Value$20.66$5.84Price$15.70$5.65…
Battle for Lihir begins
Placer Dome (PDG-T) and South African giant AngloGold (AU-N) have already been named as possible combatants in the battle for the Lihir gold mine on the island of the same name, northeast of mainland …
Canabrava, Navigator resume drilling Kat
Canabrava Diamond (CNB-V) and Navigator Exploration (NVR-V) have returned to the Attawapiskat area of northern Ontario to drill-test a kimberlite target on their jointly held Kat project.The target si…
La Motte uneconomic: Soquem
We read with great interest your article on Raymor Industries (T.N.M., March 11-17). While very interesting, the article stated that a prefeasibility study funded by Soquem on the La Motte property, h…
Central banks call for extended agreement
European central banks want to extend the Washington Agreement, which has helped lift gold prices by capping sales of bullion reserves.The agreement, signed in September 1999, limited gold sales by it…
Trans Hex shareholders OK restructuring
Shareholders have voted in favour of a plan put forward by management of Trans Hex International (THI-T) designed to settle the company’s debt with African parent Trans Hex Group (THG).THI will transf…