Gold Funds (April 08, 2002)
April 1, 2002March 28 2002Dundee Precious MetalsCentral FundNet Value$20.99$5.88Price…
Articles by Northern Miner Staff
Northern Crown eyes Abitibi (April 08, 2002)
Vancouver — Northern Crown Mines (CXP-V) has inked a deal with Teck Cominco (TEK-T) to earn an 80% stake in the Amos gold-base metal property in Quebec’s Abitibi greenstone belt.Situated 70 km north …
BHP Billiton gives MAC the nod (April 08, 2002)
BHP Billiton (BHP-N) has approved a US$564-million plan to develop an iron ore mine at its 85%-owned Mining Area C and expand its Port Hedland port-rail facilities. Both sites are in Western Australia…
Aurizon raises $5 million for Casa Berardi work
Aurizon Mines (ARZ-T) has arranged an offering that will raise $5 million for exploration work at the Casa Berardi gold deposit, 95 km north of La Sarre in northwestern Quebec.The offering, being made…
Northern Miner Indices (April 08, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)BarrickABX-T21.9%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport BFCX.B-N5.7%GoldcorpG-T3.2%IncoN-T7.9%Meridian GoldMNG-T2.5%Newmont Minin…
Canadian Stock Exchange Indices (April 08, 2002)
DateApril 2April 1March 29March 28March 27HighLowTSE 3007893.397888.53Holiday7851.477935.90…
Daily Metal Prices (April 08, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 2April 1March 29March 28March 27Aluminium1379…
Producers rise with gold price
The Dow Jones Industrial Average shed 3.8% to finish the March 27-April 2 report period at 10,313.71 points, while the Standard & Poor’s 500 shed 1.5% to end at 1,136.76 points.Gold shot past US$300 p…
CDNX moves into spring on bullish note
Vancouver — Canada’s junior exchange continued to gain momentum over the holiday-shortened report period ended April 2. The Standard & Poor’s-CDNX composite index jumped 20.65 points, or 1.7%, to clo…
MOST ACTIVE ISSUES, MARCH 27-APR 2
ExchgVol(000s)HighLowCloseChangeKinross GoldT224672.391.962.13+0.23…
Learning from Musselwhite
The Musselwhite gold deposit in northwestern Ontario is on land belonging to First Nations. Dealing with the development concerns of First Nations created an additional challenge for Placer Dome beyon…
Ivanhoe tops up till
Robert Friedland-run Ivanhoe Mines (IVN-T) has raised $56.7 million by issuing 17.4 million shares at $3.25 apiece.The financing, announced only weeks ago, was underwritten by Griffiths McBurney & Par…