An end to the plume theory?
Standard fare in geology textbooks and school classrooms across the world is that the hot springs, geysers and volcanoes of Yellowstone National Park, Hawaii, Iceland, and many other volcanic regions …
2002
Goldcorp dumps Platinova, Caisse de depot trims Teck holdings
Recent insider trading transactions reported by the Ontario Securities Commission include the following:q Almaden Resources (AMM-T) — James Poliquin, director, bought 370,000 shares privately at 55 …
People (December 30, 2002)
Gemcom Software — Appointed Rick Moignard as president and CEO.Richmont Mines — Louis Dionne appointed president and CEO.Lakefield Minerals — William Urseth appointed president.
The Northern Miner — North American Mining Index (December 30, 2002)
74.08 (-0.15)(Sept. 30/98 = 100)…
Drilling keeps Tiberon keen at Nui Phao
Vancouver — Tiberon Minerals (TBR-V) has released more results from ongoing drilling at the Nui Phao tungsten polymetallic deposit in northern Vietnam.The program is designed to define mineralization…
Canada helps fight conflict diamond trade
Companies will require government certificates to export diamonds to Canada, under new legislation in place to control the import, export and transit of rough diamonds.Bill C-14 was given royal assent…
Exchange Rates (December 30, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 23Dec. 20Dec. 19Dec. 18US$ in C$1.55041.55241.54751.5537…
Canadian Stock Exchange Indices (December 30, 2002)
DateDec. 23Dec. 20Dec. 19Dec. 18HighLowTSX Composite6628.256560.626536.976560.937992.70…
Higher gold price adds Christmas cheer
The S&P-TSX composite slipped 60.9 points over the holiday-shortened Dec. 18-20 report period, partly because of a weakened gold group. The index finished at 6,560.62.Gold ascended US$6.25 in overseas…
Northern Miner Indices (December 30, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T21.9%FalconbridgeFL-T4.2%Freeport BFCX.B-N5.0%GoldcorpG-T5.2%IncoN-T7.7%Meridian GoldMNG-T4.7%Newmont MiningNEM-N24.8%Noranda…
Drill results augur well for DRC at Afton
Vancouver — DRC Resources (DRC-V) has tabled encouraging assay results from its Afton copper project, near Kamloops, B.C.This season’s drill program is part of a $4.7-million exploration program reco…
Partners prove up River Valley
Vancouver — Intent on confirming the economic potential of the River Valley platinum-palladium property, partners Pacific North West Capital (PFN-T) and Anglo American Platinum (AAPTY-O) have doubled…