News
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…
Gold Hawk dives as Meridian bails
Shares of Montreal-based junior Gold Hawk Resources (CGK-V) took a tumble after operator Meridian Gold (MNG-T) decided to drop the Machacala gold-silver project in Peru.In a prepared statement, Gold H…
Int’l Uranium develops new feed program at White Mesa mill
Vancouver — International Uranium (IUC-V) and privately owned Nuclear Fuel Services of Tennessee have formed a 50-50 joint-venture company in order to develop a new feed program for the former’s Whit…