Canadian Stock Exchange Indices (February 04, 2002)
DateJan. 29Jan. 28Jan. 25Jan. 24Jan. 23HighLowTSE 3007567.147643.737659.297657.597598.45…
News
Solitario cuts PGM mineralization at Pedra Branca in Brazil
Vancouver — Solitario Resources (SLR-T) has intersected additional platinum-palladium mineralization on two prospects at its Pedra Branca project in Brazil.Significant mineralization was intersected …
Phelps Dodge bleeds red
The world’s second-biggest copper producer, U.S.-based Phelps Dodge, was the newsmaker of the week as it posted a US$275-million loss in 2001 on revenue of US$4 billion, compared with US$29 million ea…
Mongolian copper-gold find returns hot intercept
The latest drill results from the Turquoise Ridge copper-gold porphyry discovery in southern Mongolia show that the Southwest Oyu zone has high grades and considerable size potential, prompting Ivanho…
Dealing with language
One of the topics that comes up from time to time in the Strategic Export Marketing Program, organized by the Canadian Association of Mining Equipment and Services for Export (CAMESE), is the use of f…
Bauxite output doubles
After languishing during the first half of the 1990s, the bauxite and alumina industries have expanded in recent years, according to a report by London-based Roskill Information Services.The Economics…
GREATEST VALUE TRADED, JANUARY 23-29
ExchgVal($000s)HighLowCloseChangeAlcoa*N62575336.4434.6034.76+0.81…
Exchange Rates (February 04, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 29Jan. 28Jan. 25Jan. 24Jan. 16US$ in C$1.59041.61251.60791.6…
Daily Metal Prices (February 04, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 29Jan. 28Jan. 25Jan. 24Jan. 23Aluminium1344/13…
Int’l Annax teams with Aussie miner Herald
Vancouver — International Annax Ventures (IAX-V) has inked a deal with its controlling shareholder, Australian-based Herald Resources, to become its wholly owned subsidiary.According to the deal, Her…
Lonmin pitches tent in Sudbury camp
London-listed Lonmin has inked a deal with Wallbridge Mining (WM-T) to explore several of the company’s magmatic sulphide properties in the Sudbury basin of Ontario.The deal covers 19 projects and cal…
Silver Standard execs cash in options
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Aurora Platinum (ARP-V) — Michael Winn, director, exercised 37,500 option…