News



LME Warehouse Levels (March 25, 2002)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 19 (change from March 12 in brackets):Aluminium977000(+23100)Aluminium Alloy111440(-400)Copper922450(+3075)Lea…


Exchange Rates (March 25, 2002)

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 19March 18March 15March 14Feb. 13US$ in C$1.58391.58781.58581.59351.5932C$ in US$0.63140.62980.63060.62750.6277EXCHANGE RATES …


Gold Funds (March 25, 2002)

Gold Funds as of March 14 2002Dundee Precious MetalsCentral FundNet Value$18.60$5.69Price$13.50$5.80Discount27.421.9Value$130,051,000$110,625,166…





Large quantities of gemstones always attract attention -- and tedious questions about free samples. Here, delegates look longingly at rough stones displayed at the De Beers exhibit.

PDAC 2002 cautiously upbeat

Cautiously upbeat may well describe the mood of delegates attending this year’s convention of the Prospectors & Developers Association of Canada (PDAC).John Steele, the association’s president, set th…


De Beers sees Canada as top priority

De Beers has allocated more than half its 2002 global exploration budget to The Great White North, and that, when combined with planned expenditures on the Snap Lake and Victor diamond projects, means…


Golden Goose drills Magino

Quebec-based Golden Goose Resources (ggr-v) will launch a small drill program at its Magino project near Wawa, Ont.The 18-hole, 2,700-metre program will test three zones highlighted in past drilling. …


Andersen case proves importance of trust Ill repute

It may have started with a little joke in a meeting about how far the auditor would let a company go. But by mid-March, the destruction of a multi-national accounting and business consulting firm was …


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