Exchange Rates (July 15, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 9July 8July 5July 4July 3US$ in C$1.51441.52081.52391.5321…
Articles by Northern Miner Staff
LME Warehouse Levels (July 15, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 9 (change from July 2 in brackets):MetalStock (tonnes)ChangeAluminium1260000(+60…
Northern Miner Indices (July 15, 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…
Ivanhoe confirms Kharmagtai’s potential
Preliminary drilling by Ivanhoe Mines (IVN-T) has confirmed the discovery of a copper-gold porphyry system in Mongolia’s South Gobi region.Known as Kharmagtai, the system was first outlined by Mongoli…
Producer and Dealer Prices (July 15, 2002)
Antimony: Mid-mkt US$1,440/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.90-7.50/lb.Copper: Comex Sept US$0.7615/lb.Indium: Ind…
Junior Exchange bucks downtrend
Vancouver — Canada’s junior exchange managed to hold its ground while major bourses stumbled in the wake of numerous corporate fraud allegations. The S&P TSX Venture Exchange composite index closed t…
TSE Short Positions (July 15, 2002)
Short positions outstanding at June 30, 2002Larger individual positions includeAgnico-Eagle 5,315,262 up 250,485; Alcan 1,887,771 up 399,501; Aurado 360,000 up 99,686; Aurora Pla…
Daily Metal Prices (July 15, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 9July 8July 5July 4July 3Aluminium1356/1372…
Trading Summary (July 12, 2002)
A drop in U.S. consumer sentiment pushed Toronto stocks to their lowest level in more than nine months. Despite a s…
Northern Orion emerges from debt
Northern Orion Explorations (NNO-T) has eliminated all of its outstanding indebtedness by converting $6.9 million i…
Thistle granted two South Africa mining licences
South Africa’s Department of Minerals and Energy has granted Thistle Mining (THT-T) two new mining authorizations t…
Evander suffers seismic setback
Production has been halted and rescue operations are underway after a significant seismic event at Harmony Gold Min…