GREATEST VALUE TRADED, JUNE 12-18
ExchgVal($000s)HighLowCloseChangeGold Fields*N892012.9011.0512.42-0.06…
News
The Northern Miner — North American Mining Index (June 24, 2002)
85.21 (-0.59)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (June 24, 2002)
91.60 (-2.65)(Sept. 30/98 = 100)…
Bears battle Bulls to a draw
Vancouver — The performance of Canada’s junior exchange mirrored the gyrating price of bullion over the report period ended June 18 as investors bought gold-related issues one day, only to sell them …
La Colorada construction under way
With a US$10-million project debt facility in hand from International Finance Corp., Pan American Silver (PAA-T) has begun construction aimed at quadrupling production at its La Colorada mine in Mexic…
Canadian Stock Exchange Indices (June 24, 2002)
DateJune 18June 17June 14June 13June 12HighLowTSX Composite7327.547357.427249.027283.607359.56…
Ensuring mining’s legitimacy, Part 2
The question remains: How does the industry regain the public credibility that, ultimately, underpins legitimacy?The answer is simple: it openly acknowledges the criticisms leveled at it, engages with…
Golds retrench
With bullion prices finding new support at around US$318 per oz., the U.S.-listed gold companies spent the report period June 12-18 consolidating at levels about 5% lower than the 52-week highs attain…
Crucitas rights confirmed
Vannessa Ventures (VVV-V) has confirmed that the government of Costa Rica will honour the company’s existing rights to the Crucitas gold project.A decree by newly elected President Abel Pacheco bannin…
Tri Origin, Triako team up
An initial round of drilling by Australian-based Triako Resources has returned encouraging gold-silver intersections from the Overflow property of Tri Origin Exploration (TOE-V).The property, which li…
LME Warehouse Levels (June 24, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 18 (change from June 11 in brackets):MetalStock (tonnes)ChangeAluminium1205750(+…
TSE Short Positions (June 24, 2002)
Short positions outstanding at June 15, 2002Larger individual positions includeAgnico-Eagle 5,064,777 up 110,343; Alcan 1,488,270 up 517,286; Algoma Steel 160,000 down 181,000; A…