Exchange Rates (January 07, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 1Dec. 31Dec. 28Dec. 27Dec. 26US$ in C$Holiday1.59261.59…
Articles by Northern Miner Staff
Coronation Bay a hot spot for diamond explorers
Although a decade has passed since diamonds were first discovered in Canada, the potential for further discoveries has not yet diminished, as evidenced by the success of Ashton Mining of Canada (ACA-T…
Comtois grades confirmed
Results are in from the three latest holes by Maude Lake Exploration (MAU-V) on the Colline de l’ouest zone on the Comtois gold property, west of Lebel-sur-Quevillon, Que.Hole 82 cut 11.2 metres (from…
LME Warehouse Levels (January 07, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 28/01 (change from Dec. 21 in brackets):MetalStock (tonnes)ChangeAluminium819175…
Spot Prices Wed. January 2, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$278.10-$0.80Silver$ 4.59+$0.10Platinum$481.00+$…
Northern Miner Indices (January 07, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T21.0CamecoCO-T3.9FalconbridgeFL-T5.1Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N4.8Homestake MiningHM-N7.4I…
Lending Rates (January 07, 2002)
As of 4 pm, Dec. 31, 2001 (%)Bank of Canada2.50Canadian Prime4.00U.S. Discount1.25U.S. Prime4.75…
CDNX starts 2002 on bullish note
Vancouver — Canada’s junior exchange kicked off 2002 with a holiday rally led by junior explorers. The Standard and Poor’s-Canadian Venture Exchange Composite Index jumped 58.1 points, or 5.9%, and c…
Producer and Dealer Prices (January 07, 2002)
Antimony: Mid-mkt US$1,130/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.80/lb.Copper: Comex Mar. US$0.658/lb.Indium: Indi…
Fort Knox raises cash
Fort Knox Gold Resources (FNX-T) has completed an offering of 4 million flow-through shares at $1 apiece and 4 million units at the same price for proceeds of $8 million.One unit comprises one share p…
Merger mania grips mining industry in 2001
Against a rather grim backdrop that included an American economy slipping into recession, worldwide commodity deflation and a new war on terrorism, the big story in 2001 for the North American mining …
Canadian Stock Exchange Indices (January 07, 2002)
DateJan. 1Dec. 31Dec. 28Dec. 27Dec. 26HighLowTSE 300Holiday7688.417674.977650.58Holiday9425.526301.52Metals & MineralsHoliday4160.114177.534148.69Holiday5104.443234.34Integrated M…