Glencairn revisits Bellavista
Assured that the government of Costa Rica will support development of the Bellavista gold project, Glencairn Gold (GLJ-V), formerly Glencairn Explorations, has once again agreed to buy the low-grade d…
News
GREATEST VALUE TRADED, OCT. 30 – NOV. 5
ExchgVal($000s)HighLowCloseChangeAlcoa*N35409623.9821.9123.36+0.99…
MOST ACTIVE ISSUES, OCT. 30 – NOV. 5
ExchgVol(000s)HighLowCloseChangeOM Group*N273999.286.156.38-2.57…
Rate cuts boost junior market
Vancouver — Anticipating a cut in the U.S. Federal Reserve rate, investors started to nibble on stocks during the week ended Nov. 5. As a result, the Venture Exchange’s S&P Composite Index jumped 27….
Northern Miner Indices (November 11, 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…
Precious metals miners shine
While gold prices ended the report period virtually unchanged at around US$317 per oz., gold bugs drew encouragement that most of the gold miners showed uncharacteristic strength and added to the prev…
Higher gold price buoys Toronto market
The Toronto Stock Exchange Composite Index yo-yoed itself 69.28 points higher during the Oct. 30-Nov. 5 report period, ending the week at 6,399.64 points.Gold peaked mid-period at US$319.85 per oz. in…
Rio Narcea picks up new zone at El Valle (November 11, 2002)
Exploration drilling by Rio Narcea Gold Mines (RNG-T) in the main pit at the El Valle gold mine in the Asturia region of northwestern Spain has intersected a new zone of gold mineralization at depth, …
SouthernEra sees potential at Sue
Encouraged by the microdiamond results from this past year’s drilling on the Sue kimberlite pipe at the Yamba Lake project in the Northwest Territories, SouthernEra Resources (SUF-T) will test about a…
Ottawa left with bill for northern cleanup
Abandoned mines in Canada’s far north are polluting the tundra, and fixing the problem could cost the federal government $640 million, according to federal documents.One of the largest environmental t…
MAC takes stand against Kyoto
The Mining Association of Canada has joined the Canadian Coalition for Responsible Environmental Solutions (CCRES) in opposing ratification of the Kyoto treaty.Under the 1997 Kyoto treaty, industriali…
Fewer greenhouse gases
To help ensure continuous reduction of greenhouse gases (GHGs), companies that are members of the Mining Association of Canada have pledged to decrease their energy consumption per unit of output by 1…