Gitennes drills Rio Blanco
Six holes drilled in the Rio Blanco copper zone in northern Peru have returned encouraging results for Gitennes Exploration (GIT-T).London-listed Monterric Metals, which can earn a 75% stake in the pr…
News
Canadian Stock Exchange Indices (December 16, 2002)
DateDec. 10Dec. 9Dec. 6Dec. 5Dec. 4HighLowTSX Composite6597.20…
WMC gains titanium asset
The biggest deal of the report period was WMC Resources’ US$87.5-million acquisition from South Africa’s Southern Mining of the world’s largest undeveloped titanium mineral-sands deposit: Corridor San…
Spot Prices Wed. December 11, 2002 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$323.75+3.05Silver$4.63+0.06Platinum$595.00+3.00P…
Exchange Rates (December 16, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 10Dec. 9Dec. 6Dec. 5Dec. 4US$ in C$…
The Northern Miner — North American Mining Index (December 16, 2002)
69.59 (-0.02)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 16, 2002)
78.27 (+8.24)(Sept. 30/98 = 100)…
Gold shines as Iraqi stalemate continues
Profit-takers outnumbered investors over the Dec. 4-11 report period, causing the Toronto Stock Exchange composite index to lose 43.41 points. The index finished the week at 6,597.20.Gold, buoyed by n…
Lending Rates (December 16, 2002)
as of 4 pm ET, Dec. 10, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.41LIBOR US$ 6-month1.43LIBOR US$ 1-year1.59Gold lease 3-…
GREATEST VALUE TRADED, DEC. 4 – 10
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N57136826.9224.3326.14+1.81…
Kyoto won’t hurt mining
Canada’s mining industry has been a constructive contributor to our shared search for solutions to environmental challenges.In addition to representing the economic interests of your sectors, you [in …
Turning preservationism on its head Breaking the frame
Parked, they call it.Ontario prospectors have been living with the consequences of the province’s Living Legacy policy for nearly four years now. Living Legacy, the outgrowth of the divisive and destr…