Northern Miner Indices (December 30, 2002)

NORTH AMERICAN MINING INDEX

CompanyTickerWeight

BarrickABX-T21.9%

FalconbridgeFL-T4.2%

Freeport BFCX.B-N5.0%

GoldcorpG-T5.2%

IncoN-T7.7%

Meridian GoldMNG-T4.7%

Newmont MiningNEM-N24.8%

NorandaNRD-T5.8%

Phelps DodgePD-N5.9%

Placer DomePDG-T8.5%

Southern PeruPCU-N3.3%

Teck ComincoTEK.B-T3.0%

SMALL PRODUCERS INDEX

Apollo GoldAPG-T2.0%

Aurizon MinesARZ-T1.5%

BolidenBLS-T5.3%

CambiorCBJ-T5.4%

Coeur d’AleneCDE-N4.8%

EldoradoELD-T5.6%

First QuantumFM-T2.8%

Golden StarGSC-T3.4%

HeclaHL-N10.9%

High River GoldHRG-T3.0%

InmetIMN-T4.0%

Miramar MiningMAE-T4.0%

Northgate ExplNGX-T6.3%

Repadre CapitalRPD-T7.4%

Richmont MinesRIC-T1.9%

Rio NarceaRNG-T2.4%

River GoldRIV-T2.4%

Royal GoldRGL-T10.8%

Stillwater MiningSWC-N9.2%

Thistle MiningTHT-T2.0%

Wheaton RiverWRM-T4.8%

Weights current in fourth quarter, 2002