Silver Standard finds new zone at Bowdens
A new lens of lead-zinc-silver mineralization has turned up in drilling at the Bowdens property in New South Wales,…
News
Trading Summary (December 30, 2002)
Toronto’s gold stocks shed 5.18 points or 2.54% of value as the yellow metal retreated US$5.30 to US$343.60 per oz.
Provenor grabs stake in Fenelon extension
Montreal-based Provenor Inc. (PVN-V) has inked a deal to take a 51% interest in three claim blocks, covering about…
Kirkland Lake raises Macassa cash
Kirkland Lake Gold (KGI-V) (formerly Foxpoint Resources) has raised more than $4.7 million via a private placement…
BHP unloads CVRD stake (December 30, 2002)
Vancouver – Seeing little strategic value in holding on to its stake in iron ore producer Companhia Vale do Rio Doc…
Daily Metal Prices (December 30, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 23Dec. 20Dec. 19Dec. 18Al Alloy1345/13301340/1…
Drilling keeps Tiberon keen at Nui Phao
Vancouver — Tiberon Minerals (TBR-V) has released more results from ongoing drilling at the Nui Phao tungsten polymetallic deposit in northern Vietnam.The program is designed to define mineralization…
LME Warehouse Levels (December 30, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 20 (change from Dec. 17 in brackets):MetalStock(tonnes)ChangeAluminium1249850(+2…
Lending Rates (December 30, 2002)
as of 4 pm ET, Dec. 19, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.40LIBOR US$ 6-month1.40LIBOR US$ 1-year1.53Gold lease 3-…
Exchange Rates (December 30, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 23Dec. 20Dec. 19Dec. 18US$ in C$1.55041.55241.54751.5537…
Northern Miner Indices (December 30, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T21.9%FalconbridgeFL-T4.2%Freeport BFCX.B-N5.0%GoldcorpG-T5.2%IncoN-T7.7%Meridian GoldMNG-T4.7%Newmont MiningNEM-N24.8%Noranda…
The Northern Miner — North American Mining Index (December 30, 2002)
74.08 (-0.15)(Sept. 30/98 = 100)…