Granny Smith: community builder
In various ways, Placer Dome is contributing to the community surrounding the Granny Smith mine in Western Australia.For the past four years, the mine has been providing air transit to a group of stud…
News
GFMS sees some upside in gold price
The gold industry’s chief gatherer of supply-and-demand data, London-based Gold Fields Mineral Services, saw a fairly stable gold market in 2001 and is forecasting a slightly better year ahead for the…
Iamgold adopts gold policy
Believing gold to be significantly undervalued, junior producer Iamgold (IMG-T) has adopted a policy of holding its discretionary cash in the form of gold bullion.The company, which holds non-operatin…
Staying the course
In September 1999, two well-respected consulting firms, Strathcona Mineral Services and Roscoe Postle Associates, were hired by the local unions representing workers at the Pamour operation in Timmins…
News – 28-JAN-02
PEOPLE (January 28, 2002)
Twin Mining — Hendrik Visagie appointed consultant.Plexmar — Marius Lessard appointed chairman of the board.Nevada Pacific — Richard Barclay appointed director.
Correction (January 28, 2002)
In our article of Jan. 7, we stated Wolfden Resources (YWO-V) had raised $2 million from a placement of 571,430 flow-through shares at 35 per share. The correct figure is $200,000.We also referred to…
The Northern Miner — North American Mining Index (January 28, 2002)
70.95 (-5.66)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (January 28, 2002)
59.38 (+4.17)(Sept. 30/98 = 100)…
Gold Funds (January 28, 2002)
Gold Funds as of January 17, 2002DundeePrecious MetalsCentral FundNet Value$15.66$5.72Price…
Exchange Rates (January 28, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 22Jan. 21Jan. 18Jan. 17Jan. 16US$ in C$1.60831.61281.61321.6…
Campbell closes Joe Mann financing (January 28, 2002)
Taking another step toward resuming commercial operations at the Joe Mann gold mine in Quebec, Campbell Resources (CCH-T) has closed a $14.3-million private placement comprising an initial tranche of …