Stock market crash pummels mining
Like lemmings, investors swarmed over the precipice, pulling global stock markets into a crash the likes of which have never been witnessed in financial history. Indeed, Black Monday, as the investmen…
2002
Graphite consumption rebounds
World graphite production improved somewhat in 2000 to reach 645,000 tonnes, after averaging less than 600,000 tonnes per year from 1992-1999, according to a report by London-based Roskill Information…
All eyes on Carlin trend
North America doesn’t realize that the latest gold rush on this continent is only just beginning, remarked one of Canada’s most experienced mining financiers before a recent tour of Nevada’s Carlin go…
MOST ACTIVE ISSUES, SEPTEMBER 18-24
ExchgVol(000s)HighLowCloseChangeAlcoa*N2886221.1519.3519.57-1.95…
The Northern Miner — Small Producers Index (September 30, 2002)
76.71 (-2.12)(Sept. 30/98 = 100)…
Lending Rates (September 30, 2002)
as of 4 pm ET, Sept. 24, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.79LIBOR US$ 6-month1.75LIBOR US$ 1-year1.82Gold lease 3-month0.24Gold lea…
Sweden’s Storliden makes the grade
Skelleftea, Sweden — Storliden, the first new mine in Sweden in more than a decade, has begun commercial production of copper and zinc on time and under budget.Situated 140 km northwest of the city o…
Greystar zooms in on Angostura
Reassured by the government’s hardened stance against armed rebels and having raised sufficient funds, Greystar Resources (GSL-T) is gearing up to renew drilling at its Angostura gold-silver property …
Correction (September 30, 2002)
In our Sept. 23-29 issue, the caption to the photo accompanying the feature on Freewest Resources Canada (FWR-T) should have read: Exploration geologist Wayne Stewart (background) examines a trench in…
Survey spurs Ontario exploration
Results from a lake-sediment survey completed by provincial geologists in the Lac des les-Black Sturgeon River are expected to stimulate mineral exploration in northwestern Ontario.The survey, carrie…
De Beers, Aboriginals butt heads over Victor
A planned winter program for the Victor diamond project in northern Ontario may be postponed if De Beers cannot soon reach an agreement with representatives of the Attawapiskat First Nation.Site work …
Spot Prices Wed. September 25, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$325.50+$7.90Silver$ 4.63+$0.05Platinum$564.00+$…