News

PGM markets undergo shifts: report

Last year, platinum group metals (PGM) markets continued to experience wild shifts in supply, demand, and price, a trend that is likely to continue, according to Platinum Group Metals Survey 2002. The…


Producer and Dealer Prices (July 08, 2002)

Antimony: Mid-mkt US$1,425/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.75-7.70/lb.Copper: Comex Sept US$0.7625/lb.Indium: Ind…


PGM outlook good for rest of decade: Canaccord

In a recent report, Canaccord Capital mining analyst Roger Chaplin sits back and takes a look at the long-term prospects for platinum group metals and the major PGM mining stocks.He describes the PGM …


Base metals withstand US corporate scandal

Don’t panic.On the morning of Wednesday, June 26, in the wake of the latest example of gross U.S. corporate misgovernance, it would have taken a brave person to bet on base metals markets ending the w…


Lending Rates (July 08, 2002)

as of 4 pm ET, July 2, 2002(%)Bank of Canada2.75Canadian Prime4.25U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.86LIBOR US$ 6-month1.96LIBOR US$ 1-year2.27Gold lease 3-month0.36Gold lease…



Gold Funds (July 08, 2002)

Gold Funds as at June 27, 2002Dundee Precious MetalsCentral FundNet Value$23.64$5.82Price$17.50$6.57…


Camafuca wins final approval

Angola’s Council of Ministers has approved the operating agreement for the Camafuca diamond project, 20 km southwest of Lucapa in Lunda Norte province. The council also OKed the creation of Sociedade …


Renard 3 yields larger stones (July 08, 2002)

Ashton Mining of Canada (ACA-T) and Soquem have recovered eight macrodiamonds and 11 micros from a 54.6-kg sample at the Renard 3 kimberlite pipe on the 1,536-sq.-km Foxtrot property in the Otish Moun…


Exchange Rates (July 08, 2002)

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 2July 1June 28June 27June 26US$ in C$1.5260Holiday1.51871.51…




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