Gold Funds (July 01, 2002)
Gold Funds as at June 20, 2002Dundee Precious MetalsCentral FundNet Value$25.06$5.96Price$18.64$6.55…
News
The Northern Miner – North American Mining Index (July 01, 2002)
85.01 (-0.20)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (July 01, 2002)
(Sept. 30/98 = 100)…
News – 01-JUL-02
Demand outlook positive for metals markets
Although prices managed to recover by Friday, June 21, the overall performance, especially by base metals, was poor during the week under review.The precious metals complex continued to fare slightly …
Lending Rates (July 01, 2002)
as of 4 pm ET, June 25, 2002(%)Bank of Canada2.75Canadian Prime4.25U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.87LIBOR US$ 6-month1.97LIBOR US$ 1-year2.34Gold lease 3-month0.32Gold leas…
Imperial launches drilling at Sterling (July 01, 2002)
Vancouver — Imperial Metals (III-V) has begun follow-up exploration drilling at the Sterling gold mine property in southwestern Nevada.The program is designed to test the extent and continuity of the…
Golden Goose outlines Magino deposit
Vancouver — Golden Goose Resources (GGT-V) has tabled encouraging results from a drill program on its Magino mine property, near Wawa, Ont.The program was designed to test potential of areas of miner…
TVX consolidates shares
Shareholders of TVX Gold (TVX-T) have overwhelmingly agreed to a 10-for-1 share consolidation.More than 97% of shareholders voted in favour of the consolidation at the company’s annual meeting in mid-…
Meridian extends offer
With nearly 94 million shares, or about 81% of the company’s issued share capital already tendered, Meridian Gold (MNG-T) has extended its offer for shares of London-listed Brancote Holdings until Jul…
Spot Prices Wed. June 26, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$324.60+$2.75Silver$ 4.85-$0.05Platinum$551.00-$…
FNX tops up treasury (July 01, 2002)
FNX Mining (FNX-T), formerly Fort Knox Gold Resource, has arranged a bought deal with Dundee Securities, BMO Nesbitt Burns and Griffiths McBurney & Partners to raise $25 million.Under the deal, FNX wi…