Swastika prints available to public
In 1911, Dr. Michael Steele, president of Swastika Mining Co. and a native of Tavistock, Ont., southeast of Stratford, took a trip to the small gold mining town of Swastika in northern Ontario with a …
News
KEGS goes hardrock
The Canadian Exploration Geophysical Society (KEGS) will host a short course on hardrock seismics on March 9, during the week of the annual convention of the Prospectors & Developers Association of Ca…
Spot Prices Wed. February 20, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$294.20-$3.20Silver$ 4.50+$0.06Platinum$471.00+$…
Exchange Rates (February 25, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 19Feb. 18Feb. 15Feb. 14Feb. 13US$ in C$1.58851.59111.59121.5…
BHP Billiton knocks down Tower
BHP Billiton (BHP-N) is closing the Tower coal mine in New South Wales, Australia, as part of an ongoing effort to cut costsTower is one of four underground mines that constitute the Illawarra operati…
Lending Rates (February 25, 2002)
As of 4 pm ET, Feb. 19, 2002(%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75…
Francisco drills Marlin project
Assay results for the final six drill holes of an 18-hole program completed in December 2001 continue to expand a gold-silver target at Francisco Gold’s (FGX-V) Marlin project in western Guatemala.Sin…
Diamond find at Festival proves low grade
The largest diamond recovered from a 100-tonne test sample of the Cristal showing on the Festival diamond property held near Wawa, Ont., weighed just 0.18 carat.Property owner Pele Mountain Resources …
Newmont rises to the top
The volume leader among all the miners during the report period was Newmont Mining, which finally won control of both Normandy Mining and Franco-Nevada Mining, making it the the world’s largest gold m…
Trading Summary (February 22, 2002)
The golds stood out on a quiet Toronto Stock Exchange on Friday dropping 99.51 points or 1.6% to end at 5,997.13. T…
Inmet inks Antamina put-call deal (February 22, 2002)
Inmet Mining (IMN-T) has entered into an agreement with Noranda (NRD-T), under which either side can initiate the s…
Iamgold enjoys added Yatela production
Iamgold’s (IMG-T) share of production from the Sadiola and Yatela gold mines in western Mali, reached a record 256,…