News

PEOPLE (May 27, 2002)

Allican — Denis Lampron appointed director and VP finance; Pierre Ouellet and Daniel Kerouac appointed directors.Aquiline — John Sutherland and David Constable appointed directors.Canabrava…


Lending Rates (May 27, 2002)

as of 4 pm ET, May 21, 2002(%)Bank of Canada2.50Canadian Prime4.00U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.90LIBOR US$ 6-month2.08LIBOR US$ 1-year2.63Gold lease 3-month0.35Gold lease…


Exchange Rates (May 27, 2002)

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 21May 20May 17May 16May 15US$ in C$1.5382Holiday1.54241.5546…



Claude cuts gold at Currie Rose in Saskatchewan

Claude Resources (CRJ-T) has cut a new zone of gold mineralization on the Currie Rose property, near the company’s Seabee mine in the La Ronge district of northeastern Saskatchewan.In the winter, Clau…


Producer and Dealer Prices (May 27, 2002)

Antimony: Mid-mkt US$1,360/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.25/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$8.35-9.25/lb.Copper: Comex July US$0.7275/lb.Indium: Ind…




Golds up in weaker US market

Generally gloomy economic news and weakness in the “new-economy” stocks brought the U.S. stock markets down over the report period May 15-21. The broadly based Standard & Poor’s 500 index fell 17.4 po…




Gold stocks shine as yellow metal rallies

The holiday-shortened report period of May 15-21 clipped 28.6 points off the S&P/TSX composite index, leaving it with a finish of 7,688.31.Gold led the precious metals in a rally not seen in some time…


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