Cdn Royalties drills Phoenix
Canadian Royalties (CZZ-V) reports encouraging platinum-palladium-gold grades at its Phoenix prospect in northern Quebec.Hole 2, drilled at minus 45 to the northeast, targeted the western part of a c…
News
PFN winds down River Valley drilling
Junior Pacific North West Capital (PFN-T) has released the final results of a fourth phase of drilling at the River Valley palladium project near Sudbury, Ont.Ninety-eight holes were sunk at the Dana …
Goldcorp options Confederation
A letter of intent paves the way for Goldcorp (G-T) to earn a majority interest in the Confederation project of Tri Origin Exploration (TOE-V).Situated in northwestern Ontario, the property covers 35 …
High River raises funds
Subject to regulatory approval, High River Gold Mines (HRG-T) will issue $5 million worth of covertible debentures to Sprott Securities in order to clean up its balance sheet.The non-redeemable notes,…
Canyon raises stakes at Briggs
Vancouver — Colorado-based Canyon Resources (CAU-X) has inked a deal with Franco-Nevada Mining (FN-T) to pick up a 2% net smelter royalty (NSR) on the first 175,000 oz. of gold produced from its Brig…
GREATEST VALUE TRADED, SEPT 26-OCT 2
ExchgVal($000s)HighLowCloseChangeAlcoa*N57963431.9528.3031.95+1.91…
Northern Miner Indices (October 08, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T21.0CamecoCO-T3.9FalconbridgeFL-T5.1Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N4.8Homestake MiningHM-N7.4I…
BHP sets out exit from Ok Tedi
Partners in the Ok Tedi copper-gold mine in Papua New Guinea’s Western Province have settled on terms for the project’s Australian operator, BHP Billiton (BHP-N), to withdraw.BHP, which owns a 52% int…
Fording, workers settle strike
Members of the United Steelworkers of America Local 7884 have ratified an agreement with Fording Coal that will see increased wages for workers at the mine in Elkford, B.C.Mine workers had been withou…
New reserves found at Sleeping Giant
Underground drilling at the Sleeping Giant mine in northwestern Quebec has led to the discovery of three gold-rich lenses that could extend the mine life by at least two years.Equal owners Cambior (CB…
MOST ACTIVE ISSUES, SEPT. 26-OCT.2
ExchgVol(000s)HighLowCloseChangeAlcoa*N1814131.9528.3031.95+1.91…
Trading Summary (October 05, 2001)
The golds enjoyed a strong finish to the day as traders loaded up on “safe-haven” equity just in case a shooting wa…