Lending Rates (February 03, 2003)
as of 4 pm ET, Jan. 28, 2003(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.34LIBOR US$ 6-month1.34LIBOR US$ 1-year1.42Gold lease 3-…
Articles by Northern Miner Staff
Daily Metal Prices (February 03, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 28Jan. 27Jan. 24Jan. 23Jan. 22Al Alloy1425/139…
Partners confirm Renard 2 potential
The latest, 2.5-tonne sample from the Renard 2 pipe on the Foxtrot property in the Otish Mountains region of Quebec has yielded 1.62 carats of diamonds greater than 0.85 mm in diameter.According to eq…
TVX, Echo Bay shareholders give the nod
TVX Gold (TVX-T) reports that shareholders have given the green light to the proposed three-way merger of their com…
Trading Summary (January 31, 2003)
Toronto’s gold stocks ended the week on a sour note dropping 3.42 points to 195.3 as the yellow metal shed US$2.10…
Boyongan falls short
Vancouver – After more than two years of continuous drilling, the latest results from Philex Gold’s (PGI-V) Boyonga…
Drilling resumes at McCuaig (January 31, 2003)
Partners Rubicon Minerals (RMX-V) and Golden Tag Resources (GOG-T) have resumed their search for gold at their McCu…
Aquiline to acquire Newmont’s Calcatreu gold project
Aquiline Resources (AQI-V) has signed a letter of intent to acquire Newmont Mining’s Calcatreu gold project in Arge…
Trading Summary (January 30, 2003)
Toronto’s Gold Index rebounded to the tune of 4.24 points hitting 198.72 points, as the yellow metal regained US$3.
Rosebel construction under way
Cambior (CBJ-T) has officially broken ground to begin construction and development of the Rosebel gold project in S…
NovaGold eyes more gold at Donlin (January 30, 2003)
NovaGold Resources (NRI-T) expects the final round of 2002 drilling on the Donlin Creek gold project in Alaska to e…
Partners cut more gold at Poste Lemoyne
Equal partners Virginia Gold Mines (VIA-T) and Globestar Mining (GMI-V) have cut more high grades at their Poste Le…