Melville kimberlites prove diamondiferous
Vancouver The cloak of secrecy under which Northern Empire Minerals (NEM-V) and Stornoway Ventures (SWV-V) acqu…
News
SouthernEra eyes $70 million
SouthernEra Resources (SUF-T) has agreed to sell 9 million shares priced at $7.75 apiece to a syndicate led by Grif…
Goldcorp takes Bonanza stake
Vancouver High-grade gold and Goldcorp (G-T) often appear in the same sentence, so it is not surprising that the…
Russia subsid powers High River
High River Gold Mines’ (HRG-T) attributable gold production grew by more than 43,000 oz. in 2002 thanks to an incre…
Diamond Fields cranks up production
Marine diamond miner Diamond Fields International (DFI-T) has added a second mining vessel to its Luderitz Blue Bay…
Amerigo still faithful at Coppercorp (February 03, 2003)
A follow-up geochemical survey at the Coppercorp copper-gold-silver property, north of Sault Ste. Marie, Ont., has returned mixed results for Amerigo Resources (ARG-V).In September, Amerigo acquired t…
GREATEST VALUE TRADED, JANUARY 22-28
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N79707330.4927.9429.46+1.57…
Exchange Rates (February 03, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 28Jan. 27Jan. 24Jan. 23Jan. 22US$ in C$1.53601.52481.52211.5…
War fears dampen market
U.S. stock exchanges fell again, during the report period Jan. 22-28, passing their year-end levels on the way and wiping out the New Year rally. The Standard & Poor’s 500 index fell 29.08 points to c…
Northern Miner Indices (February 03, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T19.5%CamecoCCO-T3.1%FalconbridgeFL-T4.0%Freeport BFCX.B-N5.7%Glamis GoldGLG-T3.3%GoldcorpG-T5.4%IncoN-T9.0%Meridian GoldMNG-T…
Producer and Dealer Prices (February 03, 2003)
Antimony: Mid-mkt US$2,280/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.60/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.35-8.10/lb.Copper: Comex Mar US$0.757/lb.Indium: Indiu…
Central Fund adds to gold, silver holdings (February 03, 2003)
Toronto-based Central Fund of Canada (CEF.A-T) has raised US$15.3 million in order to expand its precious metals holdings.The fund is selling 3.5 million class A shares in the U.S. at US$4.37 apiece, …