News

Patrician stakes land in N.W.T

Patrician Consolidated Gold Mines (PXC-V) has staked the 268-sq.-km Blackwater Lake property 550 km northwest of Ye…



Red metal suffers setback

Copper prices ended the report period Feb. 18-22 by giving up almost all the gains they had made since late January. On Feb. 22, the 30-month price on the London Metal Exchange closed just above the 1…


Lending Rates (March 04, 2002)

as of 4 pm ET, Feb. 26, 2002(%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.90LIBOR US$ 6-month2.05LIBOR US$ 1-year2.46Gold lease 3-month0.6613Gold le…






Higher cash flow buoys Cambior

Despite taking a US$5.4-million writedown on its Omai gold mine in Guyana, Cambior (CBJ-T) managed to post a profit during the last three months of 2001. It was the first time the Montreal-based compa…


JML targets Marten River for diamond potential

Spun off from Mustang Minerals (YMU-V), newly listed JML Resources (JJJ-V) is targeting the diamond potential of the Marten River area, near North Bay, Ont.The project comprises more than 2,400 claims…


Coeur d’Alene reduces losses (March 04, 2002)

Vancouver — Debt restructuring helped Coeur d’Alene Mines (CDE-N) trim its losses in 2001.The Idaho-based company posted a loss of US$3.1 million (or US7 per share) for the year, compared with a los…


NAME CHANGES (March 04, 2002)

Colerain Mining (CRI-V) has changed its name to Amex Exploration (AMX-V) on a 1-new-for-10-old-share basis.Battlefield Mineral (BFM-V) has changed its name to BM Diamondcorp…


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