The Northern Miner — Small Producers Index (May 20, 2002)
84.50 (+1.07)(Sept. 30/98 = 100)…
News
Gold index loses lustre
The S&P/TSX composite index slipped 9.1 points during the May 8-14 report period, closing at 7,707.8 points.Gold yo-yoed itself to a US$308.40-per-oz. London afternoon fix on May 14, a net decrease of…
Olympus Pacific encouraged at Khe Rin
Olympus Pacific Minerals (OYM-V) is bullish about partial assay results from an 18-hole, 2,100-metre drilling program on the Phuoc Son gold project in central Vietnam.The drilling was aimed at testing…
Junior golds add to recent gains
Vancouver — Canada’s junior exchange moved higher during the report period ended May 14, as investors continued to snap up shares in gold-related issues. The Standard & Poor’s-TSX Venture composite i…
MOST ACTIVE ISSUES, MAY 8-14
ExchgVol(000s)HighLowCloseChangeKinross GoldT243563.272.843.04-0.06…
El Sauzal poised to benefit from Glamis-Francisco merger
The proposed merger between Francisco Gold (FGX-V) and Glamis Gold (GLG-T), now set for mid-June, will provide the latter with some promising development projects.Under the binding offer, which has be…
Archon hits snags while drilling in Lac de Gras
Drilling by Archon Minerals (ACS-V) in the Lac de Gras area of the Northwest Territories has been halted following the testing of only one target.Archon had set about testing some 22 geophysical pipe-…
Anooraq inks Amplats deal in Bushveld
Vancouver — It used to be that only the powerful South African majors had any hope of holding ground in the Bushveld igneous complex, home to 80% of the world’s known resources of platinum group meta…
Wheaton arranges financing
To help finance the US$75-million purchase of Minas Luismin, a Mexican gold-silver producer, Wheaton River Minerals (WRM-T) has arranged a brokered private placement comprising 82 million special warr…
Junk science takes many forms
The United States Department of Energy recently got a memo back from its Inspector-General, the internal auditor charged with making sure taxpayers’ money is spent sensibly. Like his counterparts in m…
News – 20-MAY-02
The legend of ‘Pass da h’axe’
Many and varied are the tales that have sprung up from the fabulous Canadian North. This savage untamed, beautiful but cruel hinterland has attracted men with personalities as diverse as their backgro…