Northern Miner Indices (September 02, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
2002
LME Warehouse Levels (September 02, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 27 (change from August 20 in brackets):MetalStock (tonnes)ChangeAluminium1293775…
Casa Berardi drilling hits sulphide breccia
Drilling by Aurizon Mines (ARZ-T) at the Casa Berardi property in northwestern Quebec has intersected a zone of gold mineralization in semi-massive sulphide material east of the property’s West mine, …
Reno hosts geostats course
The advanced use of geostatistics in the evaluation of ore reserves will be taught in a 5-day course in Reno, Nev.The event, which runs from Sept. 23-37, is expected to address several topics, includi…
Base metals benefit from modest recovery in US equities
The pressure on metals prices lifted over the report period Aug. 19-23, thanks to a more positive tone in U.S. equity markets. The recent signs of stabilization in metals are not surprising given the …
Pele finds small stones (September 02, 2002)
Pele Mountain Resources (YPN-V) has uncovered more than 20 volcanic units in a 9-sq.-km area of the Festival property, near Wawa, Ont.The intermittently outcropping units reach widths of up to 100 met…
Hospital to be almost germ-free
The City of Hope National Medical Center in Los Angeles is building a hospital with the largest capacity for bone marrow transplantation in the U.S. and will use silver in its ductwork to keep the fac…
The Northern Miner — North American Mining Index (September 02, 2002)
75.15 (+3.8)(Sept. 30/98 = 100)…
Seabee grades dog Claude (September 02, 2002)
Beset with lower-grade ore from the Seabee gold mine in Saskatchewan, Claude Resources (CRJ-T) finished the first half of 2002 about $3 million in the red.The loss translates into 7 per basic and dil…
Explosive firms merge
Dyno Nobel of Oslo, Norway, will acquire the explosives division of Ensign-Bickford Co., a subsidiary of Connecticut-based Ensign-Bickford Industries.Under the deal, Ensign-Bickford will surrender mos…
Muskox drills in Nunavut
Hoping to cut more sulphides enriched in platinum and palladium, Muskox Minerals (MSK-V) is drilling a large geophysical anomaly along the northern boundary of the Muskox intrusion in Nunavut.The Musk…
Andean cuts losses
With the Santa Rosa project in commercial production, Andean American Mining (AAG-V) narrowed its losses for the three months ended June 30.Andean posted a net loss of $120,458 for the quarter, compar…