Bema Gold raises $7 million for Julietta
Vancouver — Bema Gold (BGO-T) has arranged a $7 million financing through Canaccord Capital and Haywood Securitie…
2001
Attacks will cost Canada $5b
Canadian mining, along with manufacturing, transportation, tourism and retail, lost a total of $1.2 billion as a result of the Sept. 11 terrorist attacks in New York City, according to a report by a H…
Deere, Hitachi form marketing JV
In a move designed to boost sales and trim costs, Deere & Co. and Hitachi Construction Machinery will integrate their marketing operations in North, Central and South America.Under the plan, marketing…
Appalaches, Marum encouraged by B20 results
Appalaches Resources (APP-V) and Marum Resources (MMU-V) are encouraged by sample results from outcrops taken in the Port-Cartier region, west of Sept-les, Que.The sampling was concentrated 2 km east…
Great Quest finds gold at Kenieba
A reconnaissance survey on the Kenieba concession in Mali, West Africa, by Great Quest Metals (GQ-V) has returned up to 10.5 grams gold per tonne.The survey focused on two targets, the Zambaye 1 and 2…
Canabrava joins Majescor in Quebec (December 17, 2001)
Canabrava Diamond (CNB-V) has agreed to earn a half-interest in the Mistassini project in the Otish Mountain region of Quebec.In return, the junior is required to spend $1.3 million on exploration ove…
King property yields micros
Vancouver — Randy Turner-led Diamondex (DSP-V) has tabled positive microdiamond results from its King property, adjacent to De Beers’ Snap Lake diamond deposit.The King property consists of 44 minera…
MOST ACTIVE ISSUES, DEC. 5-11
ExchgVol(000s)HighLowCloseChangeNewmont Mng*N1499120.3118.8518.90-0.84…
Freewest finds gold zone in NB
Vancouver — Backhoe trenching has uncovered a new gold zone at Freewest Resources Canada’s (FWR-V) Clarence Stream property in New Brunswick.Dubbed “Murphy,” the new zone was intermittently exposed b…
GREATEST VALUE TRADED, DEC. 5-11
ExchgVal($000s)HighLowCloseChangeAlcoa*N55589940.4537.9038.53+0.43…
The Northern Miner — North American Mining Index (December 17, 2001)
66.19 (-0.69)(Sept. 30/98 = 100)…
Spot Prices Wed. December 12, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$273.25-$2.50Silver$ 4.29+$0.14Platinum$466.00+$…