NDT Ventures raises $1.2m
Vancouver — NDT Ventures intends to raise $1.25 million by selling 66 million units priced at 18 each, with proceeds earmarked for exploration of the Fury, Sarcpa and Gem diamond properties in Nunav…
News
Midway drills North prospect in Nevada
Vancouver — Drilling is enabling Midway Gold (MDW-V) to evaluate one of several targets at its project in Nevada’s Nye Cty.Initial prospecting at the target, known as North, identified mineralization…
LME Warehouse Levels (March 31, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 25 (change from March 18 in brackets):MetalStock(tonnes)ChangeAluminium1262265(…
Exchange Rates (March 31, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 25March 24March 21March 20March 19US$ in C$1.47751.48011.4907…
Canadian Stock Exchange Indices (March 31, 2003)
DateMarch 25March 24March 21March 20March 19HighLowTSX Composite638…
Partners eye Campbell lookalike
Last year’s discovery of a large, gold-bearing carbonate alteration halo northwest of the historic Madsen mine in northwestern Ontario has prompted Placer Dome (PDG-T) to triple its exploration budget…
Newmont buys out Moydow at Ntotoroso
Moydow Mines International (MOY-T) is selling its half-interest in the Ntotoroso gold project in Ghana to equal partner Newmont Mining (NEM-N) for US$20 million in shares and cash.The Ntotoroso proper…
Alcoa inks deal with Bombardier
American aluminum giant Alcoa is supplying Montreal-based Bombardier Aerospace with structural components and wing and fuselage skins for regional and business jets, including the Bombardier CRJ serie…
Cambior trims hedgebook
Cambior (CBJ-T) has repurchased 189,000 oz. gold from its hedging program at an average price of US$342 per oz.Of those ounces, 134,000 will go toward closing out hedging contracts in 2003, resulting …
TSX GREATEST PERCENTAGE CHANGE (March 31, 2003)
ExchgVol(000s)HighLowClose%ChangeGeneral MnrlsT15…
Lending Rates (March 31, 2003)
as of 4 pm ET, Mar. 25, 2003(%)Bank of Canada3.25Canadian Prime4.75U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.29LIBOR US$ 6-month1.28LIBOR US$ 1-year1.40Gold lease 3-…
NYSE MOST ACTIVE ISSUES (March 31, 2003)
ExchgVol(000s)HighLowCloseChangeNewmont Mng*N1673526.2524.2325.00-0.98…