Gold price sparks renewed effort at Ivanhoe
Vancouver — The jump in the price of bullion has breathed new life into the Ivanhoe property in Nevada’s Carlin trend.Great Basin Gold (GBG-V) has been working the project since 1998, methodically ou…
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Apollo Gold successfully pursues listing
In Greek legend, Bellerophon offended the gods by trying to ride the winged horse Pegasus to heaven. More recently, anyone who tried to ride Pegasus Gold to profit incurred the wrath of the market.It …
Nevada Pacific Gold steps up work
Through a portfolio of six gold exploration projects and one silver project in the state, Nevada Pacific Gold (NPG-V) controls some 100 sq. miles of mineral rights, covering portions of several prolif…
Cordilleran syndicate stakes more ground
A trio of companies, including Franc-Or Resources (FOR-T), is exploring for gold and silver mineralization in Humboldt Cty., north-central Nevada, where the projected extentions of the Battle Mountain…
Golden Arch options Arizona gold bet
Vancouver-based Golden Arch Resources (GAI-V) has inked a deal with an Arizona-based partnership to lease the Mildred Peak property in Pima Cty., Ariz.Altar Resources Partnership gets an immediate US$…
Summo advances restructuring
Denver-based junior Summo Minerals (SMA-T) has already made great strides in its restructuring plan, first announced in early April 2002.The company has converted its debt, totalling roughly C$19 mill…
China’s potential lures Pacific Minerals
Beijing, China — With 15 exploration licences and two mining permits in China, Pacific Minerals (PMZ-V) has positioned itself to take advantage of the country’s expanding need for metals in a rapidly…
The Northern Miner — Small Producers Index (June 10, 2002)
102.09 (+4.57)(Sept. 30/98 = 100)…
Producer and Dealer Prices (June 10, 2002)
Antimony: Mid-mkt US$1,360/t.Bismuth: Mid-mkt US$3.10/lb.Cadmium: Mid-mkt US$0.25/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.00-8.65/lb.Copper: Comex July US$0.786/lb.Indium: Indi…
Spot Prices Wed. June 5, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$324.50-$0.70Silver$ 5.05+$0.14Platinum$552.00+$…
Canadian Stock Exchange Indices (June 10, 2002)
DateJune 4June 3May 31May 30May 29HighLowTSX Composite7568.027599.547656.137580.567611.91…
Golds drop on profit-taking
After several weeks of spectacular gains driven by higher bullion prices, U.S.-listed gold stocks retrenched over the report period that ended June 4.Newmont Mining fell 41 to US$31.56, AngloGold dro…