US gold producers rise to the occasion
The Dow Jones Industrial Average had an anything-but-average week, shedding 2.7% to finish the March 20-26 period at just over 10,353 points. The Standard & Poor’s 500 was also down an equivalent perc…
News
Lower-grade Freightrain yields gem-quality stones
Mini-bulk kimberlite samples gathered by Twin Mining (TWG-T) from six sites across the surface expression of the Freightrain prospect at the northern tip of Baffin Island have yielded an assortment of…
Pezim back in Corona fold
West-coast entrepreneur Murray Pezim and Galveston Resources have called off their legal action against International Corona Resources, Royex Gold Mining and related companies.At the same time, Pezim …
East wins Keevil hockey match
The eastern Prospectors All-Stars beat the western Miner Selects 18-14 in the Norm Keevil Memorial Hockey Game, held during the annual convention of the Prospectors & Developers Association of Canada….
LME Warehouse Levels (April 01, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 26 (change from March 19 in brackets):MetalStock (tonnes)ChangeAluminium1021475…
Sherwood does Hope Bay diamond deal
Sherwood Mining (SWD-V) has inked a letter of intent with Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) to earn up to a 70% interest in any diamondiferous bodies discovered on the 80-km-long…
Lending Rates (April 01, 2002)
as of 4 pm ET, Mar. 26, 2002(%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month2.05LIBOR US$ 6-month2.38LIBOR US$ 1-year3.08Gold lease 3-month0.54Gold leas…
Exchange Rates (April 01, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 26March 25March 22March 21March 20US$ in C$1.59211.58521.5767…
Producer and Dealer Prices (April 01, 2002)
Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.20/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.40-6.90/lb.Copper: Comex May US$0.7455/lb.Indium: Indi…
Gold Funds (April 01, 2002)
Gold Funds as of March 21 2002Dundee Precious MetalsCentral FundNet Value$19.27$5.66Price$14.12$5.75…
The Northern Miner – North American Mining Index (April 01, 2002)
82.65 (+1.28)(Sept. 30/98 = 100)…
The Northern Miner – Small Producers Index (April 01, 2002)
76.60 (+4.21)(Sept. 30/98 = 100)…