CORRECTION – Eldorado Gold
Two articles appearing in The Northern Miner in recent weeks, both dealing with Eldorado Gold (ELD-T), require correction.The article “Eldorado expands zone at Kisladag” (T.N.M., April 29/02) was an o…
2002
Ivanhoe cranks up Korean mine
Ivanhoe Mines (IVN-T) has begun milling stockpiled ore at its Eunsan mine in South Korea.The stockpiled material — 26,000 tonnes of oxidized gold and silver ore averaging 13.2 grams gold and 600 gram…
Minotaur cuts high grades
Vancouver — Junior Minotaur Resources has tabled impressive results from the Prominent Hill prospect at the Mt. Woods joint venture in southern Australia.Hole 5 was drilled 200 metres east of hole 3 …
Canadian Stock Exchange Indices (May 06, 2002)
DateApril 30April 29April 26April 25April 24HighLowTSE 3007663.397582.457629.627686.297713.41…
LME Warehouse Levels (May 06, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 30 (change from April 23 in brackets):MetalStock (tonnes)ChangeAluminium1110850…
Producer and Dealer Prices (May 06, 2002)
Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.25/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.50-8.35/lb.Copper: Comex July US$0.739/lb.Indium: Indi…
TSE 300 index goes down as it goes out
The Toronto Stock Exchange 300 index went out with a fizzle rather than a bang, slipping 54.45 points over the April 24-30 report period to finish the week at 7,663.39, or 0.7% lighter.On May 1, the T…
CDNX flounders behind major bourses
Vancouver — Canada’s junior exchange failed to follow the major bourses higher over the week ended May 1, with volume remaining on the modest side. The S&P-CDNX composite index lost 5.63 points, or 0…
Editorial: Tales of the bubble
Last week, we examined some proposals to improve the quality and integrity of financial advice available to the public. While it has been suggested that the investing public will pay for good advice, …
GREATEST VALUE TRADED, APRIL 24-30
ExchgVal($000s)HighLowCloseChangeAlcoa*N61530335.9033.2034.03-1.65…
Kinross posts deeper loss (May 06, 2002)
Lower gold production and higher cash costs led Kinross Gold (K-T) to more than double its net loss for the first three months of 2002.The company suffered a loss of US$7.9 million (or 3 per basic an…
TSE Short Positions (May 06, 2002)
Short positions outstanding at April 15, 2002Larger individual positions includeAgnico-Eagle 4,943,935 up 737,099; Andean American 111,000 up 107,000; Ashton 621,659 down 157,769;…