Western Copper drills Penasquito
Having raised enough funds in a private placement, Western Copper Holdings (WTC-T) is preparing to launch a drilling program at its Penasquito lead-zinc-silver property near Zacetecas, Mexico.Covering…
Articles by Northern Miner Staff
Lending Rates (March 04, 2002)
as of 4 pm ET, Feb. 26, 2002(%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.90LIBOR US$ 6-month2.05LIBOR US$ 1-year2.46Gold lease 3-month0.6613Gold le…
Spot Prices Wed. February 27, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$299.30+$5.10Silver$ 4.45-$0.05Platinum$494.00+$…
LME Warehouse Levels (March 04, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 26 (change from Feb. 19 in brackets):MetalStock (tonnes)ChangeAluminium920500(+2…
Exchange Rates (March 04, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 26Feb. 25Feb. 22Feb. 21Feb. 20US$ in C$1.61101.60161.59431.5…
Producer and Dealer Prices (March 04, 2002)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.60-7.20/lb.Copper: Comex Mar. US$0.7015/lb.Indium: Ind…
The Northern Miner — North American Mining Index (March 04, 2002)
80.14 (+3.13)(Sept. 30/98 = 100)…
Angola’s legacy of unrest
“The first man to be killed in Portuguese Africa nearly fell into my beer today . . .” Thus wrote foreign correspondent Donald Wise from Luanda in the early 1970s. The event — a dissident thrown out …
The Northern Miner — Small Producers Index (March 04, 2002)
67.80 (+1.38)(Sept. 30/98 = 100)…
Producers rise with yellow metal
Despite little substantive news from the bullion markets over the report period ended Feb. 25, gold prices still managed to stage a significant rally and closed up $5 to just under US$300 per oz.The U…
MOST ACTIVE ISSUES, FEB. 20-26
ExchgVol(000s)HighLowCloseChangeNewmont Mng*N2188724.7123.1424.61+1.30…
Pan American Silver eyes Manantial Espejo (March 04, 2002)
Vancouver — The proposed Manantial Espejo silver-gold mine in Argentina has moved a step closer to reality following a deal that allows Pan American Silver (PAA-T) to earn a 50% interest.In August 20…