Producer and Dealer Prices (March 25, 2002)
Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.20/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-6.90/lb.Copper: Comex May US$0.7705/lb.Indium: Indi…
News
CDNX endures ho-hum week
CANADIAN VENTURE EXCHANGEVancouver — The CDNX closed the week ended March 19 little changed from the previous report period. The Standard & Poor’s-CDNX composite index finished at 1158.30, or 0.75 of…
Mixed results from metals producers
U.S. markets enjoyed a small boost over the March 13-19 report period, with the Dow Jones Industrial Average rising 2.9 points to finish at just over 10,635 and the Standard & Poor’s 500 adding 4.7 po…
Overseas Quotes (March 25, 2002)
Close: Tuesday March 19, 2002SOUTH AFRICA (SA Rand)Anglo Am. Plat.497.00Anglovaal Mg38.00Avgold6.65Cons African0.45Gencor50.70Impala Platinum664.00Iscor15.30JCI Gold9.25Metorex3.40Western Are…
Northern Miner Indices (March 25, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2…
Cambior closes financing (March 25, 2002)
Regulators have approved of Cambior’s (cbj-t) issuance of 21.3 million units to raise $27.75 million. Consequently, the company now has 126.2 million shares outstanding.Cambior completed the deal earl…
US industrial growth boosts prices
METALS COMMENTARYGrowth in U.S. industrial production accounts for the price increases seen throughout the first quarter and indicates that business fundamentals in that country have responded well to…
CIM talk to focus on Pogo gold project Image
The Pogo gold project in Alaska will be discussed at a gathering of the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum on March 27.Teck Cominco intends to develop the p…
Vannessa eyes Crucitas construction (March 25, 2002)
Vancouver-based Vannessa Ventures (vvv-v) has submitted an environmental impact study (EIS) for the Crucitas gold project in Costa Rica. Approval of the study by that country’s government is required …
Atna builds on Cerro Negro’s potential
Junior Atna Resources (atn-t) has an option to acquire the large Cerro Negro copper-oxide deposit in northern Chile from a Chilean subsidiary of Phelps Dodge (pd-n).The deal calls for Atna to make esc…
NovaGold tables Donlin study
An independent scoping study of the Donlin Creek gold deposit in Alaska has convinced NovaGold Resources (nri-t) to spend an additional $8 million on infill and delineation drilling.NovaGold can earn …
Junior sector improves
FACTS ‘N’ FIGURES/PDACThe health of this country’s junior mining sector improved steadily in 2000 and 2001, according to an annual survey by the Prospectors & Developers Association of Canada. More co…