PDAC offers special rate Gold Demand
The Prospectors & Developers Association of Canada is offering a special rate to independent consultants who wish to participate in the trade show at its 2003 convention.The Consultant’s Corner will p…
News
Lending Rates (December 09, 2002)
as of 4 pm ET, Dec. 3, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Prime4.25LIBOR US$ 3-month1.42LIBOR US$ 6-month1.46LIBOR US$ 1-year1.70Gold lease 3-month0.27Gold lease…
Falco fined for violation
Falconbridge was fined $225,000 after a safety violation resulted in the death of an employee at the Kidd Creek mine in September 2000, in Timmins, Ont.The Ontario Ministry of Labour says the worker w…
AMEC cements bond with De Beers Canada
Engineering and consulting firm AMEC has signed a long-term co-operative agreement with De Beers Canada.The two companies have worked on various Canadian diamond projects in recent years. AMEC is comp…
More potential diamond targets in Quebec
The Quebec government has identified two new sites with potential for diamond exploration, along the western Saindon-Cambrien Corridor in the province’s northern region.The sites, which contain high-c…
PEOPLE (December 09, 2002)
Axmin — Craig Banfield appointed secretary.Cumberland — Kerry Curtis appointed interim president and CEO; Walter Segsworth appointed co-chairman.EuroZinc — Graham Mascall appointed dir…
Editorial Cartoon (December 09, 2002)
Minera Andes looks to expand San Jose
Comodoro Rivadavia, Argentina — Minera Andes (MAI-V) will drill-test several targets on its 88-sq.-km San Jose property in southern Argentina’s Santa Cruz province.The 4,000-metre diamond drilling pr…
LME Warehouse Levels (December 09, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 3 (change from Nov. 26 in brackets):MetalStock(tonnes)ChangeAluminium(-13925)…
Trading Summary (December 06, 2002)
After opening lower the Toronto Stock Exchange climbed steadily over the day to end 35.23 points higher at 6,577.2…
Cumberland tests North Portage
Drilling at the north end of the preliminary pit design on the North Portage open pit deposit has cut higher gold g…
St. Jude adds $3.2 million to the till
Vancouver With the price of gold showing renewed signs of life, the timing could not be better for St Jude Resour…