Tremor kills South Africans
Three miners were killed and four others injured after an earth tremor caused a rock fall at AngloGold’s Savuka mine, 30 km west of Johannesburg.The tremor, which measured 2.6 on the Richter scale, oc…
News
Coping with globalization fears
The World Trade Centre was perhaps the most powerful symbol of economic globalization, and the U.S. has long been seen as the champion of a free-trade, high-technology and democratic, secular society….
News – 10-DEC-01
Falconbridge zeros in on high-grade sulphides
A high-grade base metals discovery in the Sudbury igneous complex of northern Ontario has prompted Falconbridge (FL-T) to accelerate drilling.By January, the major plans to have three rigs chasing the…
NAME CHANGES (December 10, 2001)
Spokane Resources (SKN-V) has changed its name to SKN Resources (SRL-V) on a 1-new-for-10-old-share basis.Totem Mining (TOH-V) has changed its name to Comcorp Ventures (CV…
AngloGold bares its knuckles
As expected, AngloGold (AU-N) has sweetened its takeover bid for Normandy Mining (NDY-T), setting the stage for a fierce battle with rival bidder Newmont Mining (NEM-N).In mid-November, Newm…
Exchange Rates (December 10, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 4Dec. 3Nov. 30Nov. 29Nov. 28US$ in C$1.57231.57601.57181.582…
Northern Miner Indices (December 10, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Canadian Stock Exchange Indices (December 10, 2001)
DateDec. 4Dec. 3Nov. 30Nov. 29Nov. 28HighLowTSE 3007450.097374.827425.657400.497358.20…
Trading Summary (December 07, 2001)
The Toronto Stock Exchange opened lower on Friday in the face of grim jobless numbers in Canada and the U.S. in Nov…
Partners surrender Duck Pond
Partners Queenston Mining (QMI-T) and Thundermin Resources (THR-T) have inked separate deals to sell their respecti…
Teck Cominco hits bonanza gold grades
Vancouver — An ongoing drill program by Teck Cominco (TEK-T) has cut impressive gold-bearing skarn mineralization…