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…
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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$8 million in hand from a recently approved credit facility arranged with Standard Bank London, Crew Development (CRU-T) is advancing its Nalunaq gold deposit in southern Greenland…
Canadian Stock Exchange Indices (July 29, 2002)
DateJuly 23July 22July 19July 18July 17HighLowTSX Composite6161.086366.676535.446715.356699.66…
Daily Metal Prices (July 29, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 23July 22July 19July 18July 17Al Alloy1280/128…
LME Warehouse Levels (July 29, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 23 (change from July 16 in brackets):MetalStock (tonnes)ChangeAluminium1258750(-…
AngloGold joins online marketplace
AngloGold recently made its systems compatible with those of Quadrem, an online marketplace for metals and mining products, and now the South African gold giant is doing business on the Internet.Anglo…