Trading Summary (December 02, 2002)
The Toronto Stock Exchange started the week off with a 94.92-point gain to end Monday’s trading session at 6,665.34…
News
Ivanhoe finds new copper gold porphyry
Vancouver — Ivanhoe Mines’ (IVN-T) exploration team has discovered a new gold-copper porphyry system within t…
Placer Dome eyes Battle Mountain
Vancouver — Placer Dome (PDG-T) has inked a deal to earn a 60% interest in Nevada Pacific Gold’s (NPG-V) Battle Mo…
PCS shares slide on revised earnings
Shares of Potash Corporation of Saskatchewan (POT-T), the world’s top fertilizer producer, slipped on Toronto Stock…
Aurizon drills deep at Casa Berardi
Follow-up deep drilling by Aurizon Mines (ARZ-T) on the 118-120 zones at the Casa Berardi project in northwestern Q…
Sagging economy an ominous sign for base metals
This article is the first of two instalments devoted to base metals and was culled from Barclays Capital’s monthly commodities report The Commodity Refiner. Part 2 will appear in our Dec. 9-15 issue.S…
Altius-Barrick deal triggers gold rush in Newfoundland
St. John’s, NFLD — An increased level of exploration activity in Newfoundland and Labrador has resulted in 30,500 new claims being staked this year (to the end of October), surpassing the previous hi…
Botwood lures juniors to The Rock
St. John’s, NFLD — Recognizing the merits of a new geological concept for Carlin-style mineralization in a belt of rocks in central Newfoundland, Barrick Gold (ABX-T) struck a deal with Altius Minera…
Lending Rates (December 02, 2002)
as of 4 pm ET, Nov. 26, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Prime4.25LIBOR US$ 3-month1.43LIBOR US$ 6-month1.48LIBOR US$ 1-year1.73Gold lease 3-month0.28Gold leas…
The Northern Miner — North American Mining Index (December 02, 2002)
67.19 (-1.24)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 02, 2002)
70.68 (-9.69)(Sept. 30/98 = 100)…
Peruvian find bears witness to Barrick’s grassroots thrust
The discovery of the 7.3-million-oz. Lagunas Norte deposit in northern Peru testifies to the success of Barrick Gold’s (ABX-T) new focus on grassroots exploration.The deposit is part of the Alto Chica…