Spot Prices Wed. January 2, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$278.10-$0.80Silver$ 4.59+$0.10Platinum$481.00+$…
News
Northern Miner Indices (January 07, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T21.0CamecoCO-T3.9FalconbridgeFL-T5.1Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N4.8Homestake MiningHM-N7.4I…
Lending Rates (January 07, 2002)
As of 4 pm, Dec. 31, 2001 (%)Bank of Canada2.50Canadian Prime4.00U.S. Discount1.25U.S. Prime4.75…
CDNX starts 2002 on bullish note
Vancouver — Canada’s junior exchange kicked off 2002 with a holiday rally led by junior explorers. The Standard and Poor’s-Canadian Venture Exchange Composite Index jumped 58.1 points, or 5.9%, and c…
Producer and Dealer Prices (January 07, 2002)
Antimony: Mid-mkt US$1,130/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.80/lb.Copper: Comex Mar. US$0.658/lb.Indium: Indi…
Fort Knox raises cash
Fort Knox Gold Resources (FNX-T) has completed an offering of 4 million flow-through shares at $1 apiece and 4 million units at the same price for proceeds of $8 million.One unit comprises one share p…
Canadian Stock Exchange Indices (January 07, 2002)
DateJan. 1Dec. 31Dec. 28Dec. 27Dec. 26HighLowTSE 300Holiday7688.417674.977650.58Holiday9425.526301.52Metals & MineralsHoliday4160.114177.534148.69Holiday5104.443234.34Integrated M…
Wolfden adds to High Lake polymetallic property
Wolfden Resources (YWO-V) has arranged for the private placement of an aggregate of 571,430 flow-through common shares with CMP 2001 II Resource Limited Partnership at 35 per share for gross proceeds…
Starfield sets sights on high-grade zone
Vancouver — Armed with $1.6 million, Starfield Resources (SRU-V) is preparing to explore the newly discovered high-grade zone on the Ferguson Lake copper-nickel-platinum-palladium project in Nunavut….
Sullivan sees last shift
Vancouver — After 91 years of production and adding $19 billion to the economy of British Columbia, the Sullivan zinc-lead-silver mine near Kimberley has closed shop.The flagship operation of Cominco…
Survey highlights Dryden area
Results from an airborne magnetic and electromagnetic survey in the Stormy Lake-Dryden area indicate “many interesting targets for prospectors and industry to follow up,” according to Ontario’s Northe…
Codelco defines copper cuts (January 07, 2002)
Vancouver — The world’s largest copper producer, Corporacion Nacional del Cobre de Chile (Codelco), plans to cut production by 4% in 2002.The Chilean state-owned entity aims to trim 11,300 tons of pr…