Renard 3 yields larger stones (July 08, 2002)
Ashton Mining of Canada (ACA-T) and Soquem have recovered eight macrodiamonds and 11 micros from a 54.6-kg sample at the Renard 3 kimberlite pipe on the 1,536-sq.-km Foxtrot property in the Otish Moun…
News
Exchange Rates (July 08, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 2July 1June 28June 27June 26US$ in C$1.5260Holiday1.51871.51…
Canadian Stock Exchange Indices (July 08, 2002)
DateJuly 2July 1June 28June 27June 26HighLowTSX Composite7013.39Holiday7145.617073.81…
MOST ACTIVE ISSUES, JUNE 26-JULY 2
ExchgVol(000s)HighLowCloseChangeDurban R Deep*Q282115.013.783.78-0.94…
Weaker U.S. stocks stumble
With markets weakening across the board, mining stocks were generally lower on U.S. exchanges. The Dow Jones Industrial Average fell 119.07 points, or 1.3% of value, over the five trading days from Ju…
GREATEST VALUE TRADED, JUNE 26-JULY 2
ExchgVal($000s)HighLowCloseChangeAlcoa*N73950633.8030.4532.26+1.12…
Correction (July 08, 2002)
Our Venture Exchange market report of June 17 referred to American Bonanza Gold Mining (BZA-V) as “cash-strapped.”Shortly before that issue went to press, the company had completed a public offering o…
LME Warehouse Levels (July 08, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 2 (change from June 25 in brackets):MetalStock (tonnes)ChangeAluminium1253975(+2…
Northern Miner Indices (July 08, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
Daily Metal Prices (July 08, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 2July 1June 28June 27June 26Aluminium1362/1383…
Latest corporate downfall ignites investor revolt
As pessimism in multinational conglomerates stretched across the Atlantic, the Toronto Stock Exchange S&P/TSX plunged 107.41 points over the holiday-shortened June 26-July 2 report period, ending the …
TSX Venture exchange slumps with gold
Vancouver — Canada’s junior exchange followed the gold price down over the holiday-shortened week ended July 2. The Standard & Poor’s-TSX Venture composite index lost 32.45 points, or 2.7%, to close …