NAME CHANGES (July 29, 2002)
Harambee Mining (HAB-V) has changed its name to Neur Kapital (NEU-V) on a 1-new-for-3-old-share basis.Consolidated Magna (CMV-V) has changed its name to Skinny Technologies…
News
Gold Funds (July 29, 2002)
Gold Funds as at July 18, 2002Dundee Precious MetalsCentral FundNet Value$22.46$6.02Price$17.06$6.75…
News – 29-JUL-02
Weak equity markets threaten metals
Base metals prices fell sharply during the report period July 15-19, erasing most of the gains made in aluminum and copper since the rally of late May and early June. However, the LME index of all bas…
Investors bail out of junior stocks
Vancouver — A lack of buyers, combined with a wave of sell orders, pushed Canada’s junior exchange to its largest weekly point decline of the year. During the report period ended July 23, the Standar…
Producer and Dealer Prices (July 29, 2002)
Antimony: Mid-mkt US$1,660/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.50/lb.Copper: Comex Sept US$0.698/lb.Indium: Indi…
MOST ACTIVE ISSUES, JULY 17-23
ExchgVol(000s)HighLowCloseChangeBarrick Gold*N2698717.6014.1514.32-2.89…
Victoria Island drilling hits dyke system
Diamonds North Resources (DDN-V) has intercepted multiple kimberlite dykes while drill-testing two targets at the Blue Ice property on Victoria Island in Nunavut.Six separate intervals of kimberlite w…
Afri-Can boosts Block J stake (July 29, 2002)
Junior Afri-Can Marine Minerals (AFA-V) has increased its stake in the Block J marine concession in Namibia to 60% from 50% by paying $125,000 to Woduna Mining Holding. Consequently, Woduna now holds …
Exchange Rates (July 29, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 23July 22July 19July 18July 17US$ in C$1.57851.55601.53851.5…
Anglo bids farewell to Kolwezi (July 29, 2002)
Anglo American (AAUK-Q) has decided to sell its half-interest in Congo Mineral Developments (CMD), the joint venture with America Mineral Fields that holds a 60% interest in the Kolwezi copper-cobalt …
Crew gets nod for Nalunaq financing (July 29, 2002)
Vancouver — With US$8 million in hand from a recently approved credit facility arranged with Standard Bank London, Crew Development (CRU-T) is advancing its Nalunaq gold deposit in southern Greenland…