Northern Miner Indices (February 03, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…
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Producer and Dealer Prices (February 03, 2003)
Antimony: Mid-mkt US$2,280/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.60/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.35-8.10/lb.Copper: Comex Mar US$0.757/lb.Indium: Indiu…
War cries frighten bulls, golds charge ahead
The ongoing threat of war in Iraq clipped 170.31 points off the S&P/TSX composite index over the Jan. 22-28 report period. The index, which lost 70.58 points in the previous period, ended the recent o…
Wheaton eyes $150m private placement
Wheaton River Minerals (WRM-T) will privately place US$150 million worth of shares and warrants to help cover the cost of buying the Peak gold mine in Australia and a quarter-interest in the Bajo de l…
Maggie Hays gets green light (February 03, 2003)
Vancouver — LionOre Mining International (LIM-T) is proceeding with a US$13-million development program at the Maggie Hays nickel project in the Lake Johnston region of Western Australia.The deposit,…
TVX, Echo Bay shareholders give the nod
TVX Gold (TVX-T) reports that shareholders have given the green light to the proposed three-way merger of their com…
Trading Summary (January 31, 2003)
Toronto’s gold stocks ended the week on a sour note dropping 3.42 points to 195.3 as the yellow metal shed US$2.10…
Boyongan falls short
Vancouver – After more than two years of continuous drilling, the latest results from Philex Gold’s (PGI-V) Boyonga…
Drilling resumes at McCuaig (January 31, 2003)
Partners Rubicon Minerals (RMX-V) and Golden Tag Resources (GOG-T) have resumed their search for gold at their McCu…
Aquiline to acquire Newmont’s Calcatreu gold project
Aquiline Resources (AQI-V) has signed a letter of intent to acquire Newmont Mining’s Calcatreu gold project in Arge…
Trading Summary (January 30, 2003)
Toronto’s Gold Index rebounded to the tune of 4.24 points hitting 198.72 points, as the yellow metal regained US$3.
Rosebel construction under way
Cambior (CBJ-T) has officially broken ground to begin construction and development of the Rosebel gold project in S…