Large diamonds gleaned from Gahcho Kue
The latest bulk-sample results from the Gahcho Kue joint-venture project in the Northwest Territories indicate the presence of big-carat diamonds in the Hearne kimberlite pipe.The Hearne and 5034 pipe…
News
Raglan area hot, junior market not
Vancouver — Canada’s junior exchange remained stuck in neutral despite a strong showing by select issues during the report period ended Nov. 19. The S&P TSX Venture Exchange composite index lost 1.54…
Editorial Cartoon (November 25, 2002)
Same old saw, just duller
Last week saw the National Summit on Innovation and Learning, sponsored by the Departments of Industry and Human Resources Development and hosted by ministers Allan Rock and Jane Stewart (yes, the Jan…
Canadian Mining Hall of Fame honours Cobalt pioneers, three others
The four men who discovered silver in the woodlands of Cobalt, Ont., at the turn of the last century are among seven new inductees into the Canadian Mining Hall of Fame, all of whom will be honoured a…
Cumberland tops up kitty
In preparation for the launch of a bankable feasibility study on its wholly owned Meadowbank gold project in Nunavut, Cumberland Resources (CBD-T) has arranged a $6.5-million brokered private placemen…
The Northern Miner — North American Mining Index (November 25, 2002)
68.43 (-1.34)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (November 25, 2002)
80.37 (+0.07)(Sept. 30/98 = 100)…
Lending Rates (November 25, 2002)
as of 4 pm ET, Nov. 19, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Prime4.25LIBOR US$ 3-month1.42LIBOR US$ 6-month1.44LIBOR US$ 1-year1.62Gold lease 3-month0.32Gold leas…
Victoria Island diamond counts: low to modest
Samples from three new Victoria Island kimberlites discovered this past summer on the Hadley Bay joint venture in the Canadian Arctic contain no diamonds.The Apollo, Diana and Pluto kimberlites were d…
Eaglecrest advances San Simon
Vancouver — Now that dewatering of the underground decline is complete, Eaglecrest Explorations (EEL-V) has resumed its bulk-sampling program at the San Simon gold project in Bolivia.The junior expec…
GREATEST VALUE TRADED, NOV. 13-19
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N30334525.2023.5123.66-0.62…