Northern Miner Indices (May 20, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…
News
Goldcorp cruises on Red Lake (May 20, 2002)
Despite lower revenue, Goldcorp (G-T) managed to post record first-quarter earnings, thanks to the performance of its Red Lake mine in northwestern Ontario.Revenue during the three months ended March …
Daily Metal Prices (May 20, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 14May 13May 10May 9May 8Aluminium…
Partners cut West zone gold (May 20, 2002)
Reverse-circulation drilling by partners Barrick Gold (ABX-T) and Minires du Nord (MDN-T) has cut “significant gold mineralization” at the West zone on the Tulawaka project, 160 km southwest of Mwanz…
Exchange Rates (May 20, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 14May 13May 10May 9May 8US$ in C$1.55861.55831.5576…
Huaron powers Pan Am
Newfound production at the Huaron mine in Peru and La Colorada mine in Mexico enabled Pan American Silver (PAA-T) to boost revenue to US$10.2 million in the recent first quarter, compared with US$4.5 …
Producer and Dealer Prices (May 20, 2002)
Antimony: Mid-mkt US$1,250/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$7.45-8.85/lb.Copper: Comex May US$0.7450/lb.Indium: Indi…
The Northern Miner — North American Mining Index (May 20, 2002)
85.82 (-0.56)(Sept. 30/98 = 100)…
Canadian Stock Exchange Indices (May 20, 2002)
DateMay 14May 13May 10May 9May 8HighLowTSX Composite7716.917661.407596.067632.267707.82…
The Northern Miner — Small Producers Index (May 20, 2002)
84.50 (+1.07)(Sept. 30/98 = 100)…
Gold index loses lustre
The S&P/TSX composite index slipped 9.1 points during the May 8-14 report period, closing at 7,707.8 points.Gold yo-yoed itself to a US$308.40-per-oz. London afternoon fix on May 14, a net decrease of…
Olympus Pacific encouraged at Khe Rin
Olympus Pacific Minerals (OYM-V) is bullish about partial assay results from an 18-hole, 2,100-metre drilling program on the Phuoc Son gold project in central Vietnam.The drilling was aimed at testing…