2003

LME Warehouse Levels (January 06, 2003)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 24 (change from Dec. 20 in brackets):MetalStock(tonnes)ChangeAluminium1250250(+4…



Northern Miner Indices (January 06, 2003)

NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T21.9%FalconbridgeFL-T4.2%Freeport BFCX.B-N5.0%GoldcorpG-T5.2%IncoN-T7.7%Meridian GoldMNG-T4.7%Newmont MiningNEM-N24.8%Noranda…



Apollo raises $14.4 million for Montana Tunnels

One more sign that things are picking up in the gold business: Apollo Gold (APG-T) has completed a private placement of 6 million units priced at $2.40 each for gross proceeds of $14.4 million.A unit …


Lending Rates (January 06, 2003)

as of 4 pm ET, Dec. 19, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.40LIBOR US$ 6-month1.40LIBOR US$ 1-year1.52Gold lease 3-…


McWatters eyes Kiena revival (January 06, 2003)

Surface and underground drilling by McWatters Mining (MWA-T) has outlined new measured and indicated resources at the idled Kiena mine, near Val d’Or, Que.The resources, found in two zones, total 1.2 …



Daily Metal Prices (January 06, 2003)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 30Dec. 27Dec. 26Dec. 25Dec. 24Al Alloy1350/132…


Axmin closes financing (January 06, 2003)

Junior gold explorer Axmin (AXM-V) has closed a non-brokered private placement of 4.2 million units priced at 30 apiece, for total proceeds of $1.2 million.Each unit consists of one share plus a half…




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