Trading Summary (June 03, 2002)
The Toronto Stock Exchange’s gold index stole the show taking on 6.69 points or more than 3% to end Monday at 228.6…
News
Residents shoot down Tambo Grande plan
Residents shoot down Tambo Grande planResidents of Tambogrande, a small agricultural centre about 865 km northw…
Rio Narcea ups forecast on record month
Rio Narcea Gold Mines pumped out a record 29,336 oz. of gold from its El Valle operation in Spain, during May, more…
Ivanhoe takes stake in Pacific Minerals
Vancouver — A US$3 million investment in Pacific Minerals (PMZ-V) paves the way for Ivanhoe Mines (IVN-T) to earn…
Aurizon eyes $8 m for Casa Berardi
Aurizon Mines (ARZ-T) has agreed to a private placement of 7.1 million share at $1.15 apiece with a group of underw…
Maude back to gold
With the price of gold reaching levels not seen in years, Maude Lake Exploration (MAU-V) has suspended its plan to create and list a diamond exploration vehicle.Instead, the Montreal-based junior will…
Placer hops on merger bandwagon
The golds once again outshone the broad market, which slipped 27.73 points over the five trading days to finish the May 22-28 report period at 7,660.58. The gold index leaped ahead 9.83 points, or 4.5…
Exchange Rates (June 03, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 28May 27May 24May 23May 22US$ in C$1.53021.53451.53481.5335…
Canadian Stock Exchange Indices (June 03, 2002)
DateMay 28May 27May 24May 23May 22HighLowTSX Composite7660.587667.037667.757725.087638.38…
The Northern Miner — North American Mining Index (June 03, 2002)
92.43 (+2.83)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (June 03, 2002)
97.52 (+5.64)(Sept. 30/98 = 100)…
Mining stocks survive broad market woes
The release of another cautious U.S. consumer report pushed the Standard & Poor’s 500 index down 8.93 points, or 0.8%, during the holiday-shortened May 22-28 report period. Likewise, the Down Jones In…