News
New e-mail for TNM (May 06, 2002)
The Northern Miner’s editorial department has a new e-mail address: tnm@northernminer.comFor circulation inquiries, please contact us at northernminer2@no…
NAME CHANGES (May 06, 2002)
Aquest Minerals (AQU-V) has changed its name to Aquest Explorations (AQZ-V) on a 1-new-for-10-old-share basis.
Semafo pours gold
Montreal-based junior Semafo (SMF-T) is celebrating its graduation to gold-producer status.On April 25, the company poured its first-ever ingot, weighing 8.8 kg, from its Kiniero open-pit gold mine in…
Recovery concerns grow
The U.S. economy is entering a critical period. Confidence in the recovery has begun to wane, economic data have failed to provide a completely comprehensive and convincing picture, and even better-th…
Lending Rates (May 06, 2002)
as of 4 pm ET, April 30, 2002(%)Bank of Canada2.50Canadian Prime4.00U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.92LIBOR US$ 6-month2.12LIBOR US$ 1-year2.63Gold lease 3-month0.37Gold lea…
The Northern Miner — North American Mining Index (May 06, 2002)
84.52 (-0.98)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (May 06, 2002)
84.05 (+4.83)(Sept. 30/98 = 100)…
Gold Funds (May 06, 2002)
Gold Funds as at April 25, 2002Dundee Precious MetalsCentral FundNet Value$21.55$5.77Price$15.95$6.00…
Wheaton River gains Mexican foothold
After spending the better part of a year raising cash and disposing of certain development properties, the revamped management team of Wheaton River Minerals (WRM-T) has struck a deal to buy the minin…
Falco starts year in the black
Higher production, lower costs and rebounding metal prices translated into a better-than-expected first quarter for Falconbridge (FL-T).The major earned $20.4 million (or 10 per basic and fully dilut…
Philex sees more signs of a second porphyry (May 06, 2002)
Vancouver — As impressive drill results keep rolling in from the Boyongan copper-gold prospect in the Philippines, reconnaissance drilling to the south continues to yield indicators of a second miner…