News
Lending Rates (December 09, 2002)
as of 4 pm ET, Dec. 3, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Prime4.25LIBOR US$ 3-month1.42LIBOR US$ 6-month1.46LIBOR US$ 1-year1.70Gold lease 3-month0.27Gold lease…
The Northern Miner — North American Mining Index (December 09, 2002)
69.61 (+2.42)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 09, 2002)
70.03 (-0.65)(Sept. 30/98 = 100)…
Modest recovery projected for base metals in 2003
This article is the second of two instalments devoted to base metals and was culled from Barclays Capital’s monthly report The Commodity Refiner. Part 1 appeared in our Dec. 2-8 issue, and a separate …
LME Warehouse Levels (December 09, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 3 (change from Nov. 26 in brackets):MetalStock(tonnes)ChangeAluminium(-13925)…
PEOPLE (December 09, 2002)
Axmin — Craig Banfield appointed secretary.Cumberland — Kerry Curtis appointed interim president and CEO; Walter Segsworth appointed co-chairman.EuroZinc — Graham Mascall appointed dir…
More potential diamond targets in Quebec
The Quebec government has identified two new sites with potential for diamond exploration, along the western Saindon-Cambrien Corridor in the province’s northern region.The sites, which contain high-c…
AMEC cements bond with De Beers Canada
Engineering and consulting firm AMEC has signed a long-term co-operative agreement with De Beers Canada.The two companies have worked on various Canadian diamond projects in recent years. AMEC is comp…
Falco fined for violation
Falconbridge was fined $225,000 after a safety violation resulted in the death of an employee at the Kidd Creek mine in September 2000, in Timmins, Ont.The Ontario Ministry of Labour says the worker w…
PDAC offers special rate Gold Demand
The Prospectors & Developers Association of Canada is offering a special rate to independent consultants who wish to participate in the trade show at its 2003 convention.The Consultant’s Corner will p…
Spot Prices Wed. November 27, 2002 Courtesy of Scotiabank (December 09, 2002)
Precious MetalsPrice (US$/oz.)ChangeGold$320.70+2.50Silver$4.57+0.13Platinum$592+5.00Pall…