EC probes copper market (May 26, 2003)
Vancouver — European Union antitrust investigators, in co-operation with Canadian and U.S. competition authorities, have contacted mining giants BHP Billiton (BHP-N), Rio Tinto (RTP-N) and Freeport-M…
News
Pop goes the value
AngloGold, the biggest of the South African mining houses, has at last taken another run at consolidation with its bid on Ashanti Goldfields. Having lost out to Newmont Mining in the bidding war for N…
Broad market crawls ahead, gold rallies
The Toronto Stock Exchange composite index began the holiday-shortened May 26-June 1 report period on an uptick, then moved sideways. By the period’s end, it had risen 29.2 points to settle at 6,732.1…
Randgold, Nevsun team up in western Mali
With nearby projects at the feasibility stage, Randgold Resources (GOLD-Q) and Nevsun Resources (NSU-T) have reached a deal to evaluate co-operative development in the Kenieba gold belt of western Mal…
Editorial Cartoon (May 26, 2003)
Economic woes hamper silver market
The silver market appeared calm in 2002, compared with the more volatile gold, platinum, and palladium markets, according to London-based CPM Group.In a report titled Silver Survey 2003, CPM points ou…
Canadian Stock Exchange Indices (May 26, 2003)
DateMay 20May 19May 16May 15May 14HighLowTSX Composite6732.11…
Merger afoot for Minera Andes and La Mancha
Vancouver — Juniors Minera Andes (MAI-V) of Spokane, Wash., and La Mancha Resources (LMA-V) of Vancouver, B.C., are combining in an attempt to advance their projects in Argentina.Under the proposed m…
Exchange Rates (May 26, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 20May 19May 16May 15May 14US$ in C$1.3446Holiday1.36671.3761…
The Northern Miner Indices (May 26, 2003)
North American Mining: 67.16 (+0.46)Small Producers: 77.28 (+13.25)(Sept. 30/98 = 100)…
Northern Miner Indices (May 26, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T20.0%CamecoCCO-T3.6%FalconbridgeFL-T4.6%Freeport McM BFCX-N5.8%GoldcorpG-T4.5%IncoN-T8.0%Kinross GoldK-T4.5%Newmont MiningNEM…
Spot Prices Wednesday May 21, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$364.90+16.00Silver$4.74-0.08Platinum$680.00+18.00…