Exchange Rates (January 20, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 14Jan. 13Jan. 10Jan. 9Jan. 8US$ in C$1.53971.54181.55001.553…
News
Tiberon tables Nui Phao prefeasibility (January 20, 2003)
Vancouver — Tiberon Minerals (TBR-T) has tabled a positive prefeasibility study of its 70%-owned Nui Phao polymetallic deposit in Vietnam.Based on an initial capital cost of US$140 million, annual th…
Fording battle ends in peace (January 20, 2003)
The heated battle for Calgary-based coal miner Fording (FDG-T) has ended with a truce that would see rival bidders combine their respective metallurgical coal assets under the banner Fording Canadian …
Geomaque and St Barbara offer Defiance
Toronto-based junior Geomaque Explorations (GEO-T) plans to merge with St Barbara Mines of Perth, Australia, to create an international gold mining company.The combined company would be called Defianc…
Producer and Dealer Prices (January 20, 2003)
Antimony: Mid-mkt US$2,470/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$7.00-7.60/lb.Copper: Comex Mar US$0.76/lb.Indium: Indium…
Northern Miner Indices (January 20, 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…
Canadian Stock Exchange Indices (January 20, 2003)
DateJan. 14Jan. 13Jan. 10Jan. 9Jan. 18HighLowTSX Compos…
Masuparia drills Greywacke
Vancouver — Masuparia Gold (MPG-V) is considering developing a small open-pit gold mine on the Greywacke Lake property northeast of La Ronge, Sask.The announcement is based on results from a series o…
Canada’s junior exchange chases bull
Vancouver — The TSX Venture Exchange continued its bull run over the week ended Jan. 15. The S&P composite index closed up 15.2 points, or 1.38% of its value, to 1,110.57.Oasis Diamond Exploration tr…
Markets top out
U.S. equity markets were broadly better as investors digested the big gains that followed the new year. In the report period Jan. 8-14, the Dow Jones Industrial Average rose 102.03 points to 8,842.62,…
Greek gov’t suspends work at TVX’s Stratoni
Mining has been suspended again in parts of TVX Gold’s (TVX-T) Stratoni silver-lead-zinc operation, 65 km east of the Greek port of Thessaloniki.The Greek Ministry of Development told the company the …
Wheaton River gains Aussie, Argentine assets
Vancouver — In a deal that more than doubles its production, Wheaton River Minerals (WRM-T) has agreed to buy Rio Tinto’s (RTP-N) Peak gold mine in Australia along with the major’s 25% stake in Argen…