LME Warehouse Levels (January 06, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 24 (change from Dec. 20 in brackets):MetalStock(tonnes)ChangeAluminium1250250(+4…
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Northern Miner Indices (January 06, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T21.9%FalconbridgeFL-T4.2%Freeport BFCX.B-N5.0%GoldcorpG-T5.2%IncoN-T7.7%Meridian GoldMNG-T4.7%Newmont MiningNEM-N24.8%Noranda…
MOST ACTIVE ISSUES, DEC. 23-27
ExchgVol(000s)HighLowCloseChangeCaledonia Mng*Q146600.310.200.27+0.07…
Aurizon goes deeper at Casa Berardi
Vancouver-based Aurizon Mines (ARZ-T) has raised $8 million after issuing nearly 5.2 million flow-through shares and 740,740 common shares priced at $1.35 apiece.The $7 million raised from the flow-th…
Axmin closes financing (January 06, 2003)
Junior gold explorer Axmin (AXM-V) has closed a non-brokered private placement of 4.2 million units priced at 30 apiece, for total proceeds of $1.2 million.Each unit consists of one share plus a half…
Exchange Rates (January 06, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 30Dec. 27Dec. 26Dec. 25Dec. 24US$ in C$1.57891.5684HolidayHo…
Golden Star funds work in Ghana
Vancouver — With the price of bullion hitting US$350 per oz., Golden Star Resources (GSC-T) is advancing its mining properties in Ghana.The company filed a shelf offering to sell up to US$75 million …
BHP Billiton drops Ekati brand
London-based BHP Billiton has dropped its Ekati diamond brand in favour of Aurias, a brand already known in markets outside North America.The company previously sold diamonds under the Ekati brand nam…
Spot Prices Monday, December 30, 2002 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$348.50+4.60Silver$4.72+0.09Platinum$598.00+5.00P…
Producer and Dealer Prices (January 06, 2003)
Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.57/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-6.80/lb.Copper: Comex Mar US$0.704/lb.Indium: Indiu…
Intrepid enlarges Salvadoran gold target
Drilling by Intrepid Minerals (IAU-V) at the Aldea Zapote exploration concession, east of Metapan in the northwestern corner of El Salvador, has extended the property’s known silver mineralization dow…
Apollo raises $14.4 million for Montana Tunnels
One more sign that things are picking up in the gold business: Apollo Gold (APG-T) has completed a private placement of 6 million units priced at $2.40 each for gross proceeds of $14.4 million.A unit …