Lending Rates (May 13, 2002)
as of 4 pm ET, May 7, 2002(%)Bank of Canada2.50Canadian Prime4.00U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.90LIBOR US$ 6-month2.07LIBOR US$ 1-year2.55Gold lease 3-month0.40Gold lease …
Articles by Northern Miner Staff
CMHF calls for nominations
The Canadian Mining Hall of Fame’s (CMHF) board of directors has issued its annual call for nominations.The next group of inductees will be honoured at a ceremony in January 2003. Their names will be …
Gold Funds (May 13, 2002)
Gold Funds as at May 2, 2002Dundee Precious MetalsCentral FundNet Value$21.88$5.75Price$16.75$6.16…
Breakwater’s output up
Mining of higher-grade pillars at the soon-to-be closed Nanisivik mine on Baffin Island resulted in higher production and a smaller loss for Breakwater Resources (BWR-T) in the first quarter.For the t…
Pac Booker tables results
Vancouver — Ongoing drilling at Noranda’s (NRD-T) Morrison copper-gold porphyry deposit in British Columbia continues to show good continuity for operator Pacific Booker Minerals (BKM-V).The latest f…
Comaplex eyes Zopilote in western Honduras
Vancouver — Comaplex Minerals (CMF-T) can acquire a half-interest in the Zopilote deposit in western Honduras. The property is held by Doublestar Resources (DSR-V).To do so, Comaplex must spend $2.5 …
LME Warehouse Levels (May 13, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 7 (change from April 30 in brackets):MetalStock (tonnes)ChangeAluminium1116700(+5…
Exchange Rates (May 13, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 7May 6May 3May 2May 1US$ in C$1.57001.56831.56481.5618…
Producer and Dealer Prices (May 13, 2002)
Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.25/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.25-8.75/lb.Copper: Comex May US$0.7260/lb.Indium: Indi…
Canadian Stock Exchange Indices (May 13, 2002)
DateMay 7May 6May 3May 2May 1HighLowTSX Composite7561.377581.057663.857670.497647.308…
MOST ACTIVE ISSUES, MAY1-7
ExchgVol(000s)HighLowCloseChangeTVX GoldT356391.431.251.37+0.07…
Responsibility and reason
The past decade has seen “socially responsible investing” grow from a fringe habit followed mainly by cartoon lefties, to a practice followed by a significant minority of investors. Like it or lump it…