MOST ACTIVE ISSUES, JANUARY 9-15
ExchgVol(000s)HighLowCloseChangeNewmont Mng*N2815220.7518.8820.60+1.90…
Articles by Northern Miner Staff
Daily Metal Prices (January 21, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 15Jan. 14Jan. 11Jan. 10Jan. 9Aluminium1379/139…
Base metals slump as golds soar
Retreating base metal prices dragged producers down with them over the Jan. 9-15 report period, erasing gains made in the previous week.Rio Tinto slumped $3.69 to US$76.81; Phelps Dodge flopped $1.34 …
LME WHSE LEVELS (January 21, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 15 (change from Jan. 8 in brackets):MetalStock (tonnes)ChangeAluminium834500(+10…
Lending Rates (January 21, 2002)
As of 4 pm, Jan. 15, 2002 (%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.72LIBOR US$ 6-month1.80LIBOR US$ 1-year2.5Gold lease 3-month0.7339Gold lease…
Northern Miner Indices (January 21, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…
Canadian Stock Exchange Indices (January 21, 2002)
DateJan. 15Jan. 14Jan. 11Jan. 10Jan. 9HighLowTSE 3007643.907623.287701.937722.387775.78…
CDNX bucks the downward trend
Vancouver — Canada’s junior exchange bucked the trend set by the major bourses and posted modest gains during the week ended Jan. 15. The Standard & Poor’s-CDNX composite tacked on 3.79 points, or 0….
AngloGold extends bid to sway more shareholders
Unwilling to concede defeat, AngloGold (AU-N) is extending the expiry date of its takeover offer for Normandy Mining (NDY-T) as U.S. and Australian regulators give the go-ahead to rival suitor Newmont…
Correction (January 21, 2002)
In our Jan. 14-20 issue, we reported Valerie Gold had bought 5.3 million shares of Sultan Minerals, 5.1 million shares of Emgold Mining and 3.2 million shares of Cream Minerals. These are actually the…
Gold Funds (January 21, 2002)
Gold Funds as of January 10, 2002Dundee Precious MetalsCentral FundNet Value$15.00$5.86Price$10.05$5.73…
Spot Prices Wed. January 16, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$287.95+$8.60Silver$ 4.67-$0.08Platinum$476.00+$…