Sigma suspension weighs on McWatters (November 19, 2001)
With mining still suspended at the Sigma-Lamaque open-pit gold mine in Val d’Or, Que., McWatters Mining (MCW-T) has…
2001
Queenstake boosts Magistral
Vancouver – The latest drill program by Queenstake Resources (QRL-T) has increased the size of the high-grade core…
NNO drops South African gold deal
Vancouver-based Northern Orion Explorations (NNO-T) has dropped a deal to acquire a 100% interest in Ditchburn Mana…
Producers vow to stem trade of ‘conflict diamonds’
The world’s diamond producers will meet with mines ministers from various countries to propose ways to combat the trade in “conflict diamonds,” or diamond sales that finance conflicts in Africa. The m…
Kyoto requires scrutiny
Our industry takes the issue of climate change seriously, and we are actively engaged in developing and implementing measures to limit greenhouse gas (GHG) emissions. We are committed to continuing th…
Sulliden wins award for Mario
Sulliden Exploration’s Mario property has been named Peru’s “mining prospect of the year” by a committee of 15 representatives of that country’s mining industry.The Montreal-based junior has an option…
Ruttan to close sooner
The Ruttan copper-zinc mine in northern Manitoba will be closing sooner than expected, owing to low metal prices.Hudson Bay Mining & Smelting had announced in the mid-1990s that the mine would shut do…
Daily Metal Prices (November 19, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 13Nov. 12Nov. 9Nov. 8Nov. 7Aluminium1303.50/13…
NAME CHANGES (November 19, 2001)
Lucero Resource (LCR-V) has changed its name to Squared Developments (SQD-V) on a 1-new-for-10-old-share basis.Totem Mining (TOH-V) has changed its name to Comcorp Ventures…
Mtn Province arranges financing
Low on cash, Mountain Province Diamonds (MPV-T) intends to raise just under a million dollars in a private placement of more than 1.9 million units priced at 50 apiece.A unit will consist of one shar…
GREATEST VALUE TRADED, NOV. 7-13
ExchgVal($000s)HighLowCloseChangeAlcoa*N39981536.4633.6036.30+2.29…
Northern Miner Indices (November 19, 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…