LME Warehouse Levels (April 01, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 26 (change from March 19 in brackets):MetalStock (tonnes)ChangeAluminium1021475…
News
Exchange Rates (April 01, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 26March 25March 22March 21March 20US$ in C$1.59211.58521.5767…
CDNX moves moderately higher
Vancouver — Canada’s junior exchange managed to post a modest gain over the week ended March 26. The Standard & Poor’s-CDNX composite index added 6.47 points, or 0.5%, to close at 1164.77.After more …
Thundelarra sets sights on Western Australia
Exploration in Australia is at its lowest level in two decades, but this belies the country’s geological potential, Robert Champion de Crespigny told delegates attending the annual convention of the P…
Strike set at Holt
At presstime, the existing contract for 140 workers at the Holt-McDermott gold mine in Kirkland Lake, Ont., was about to expire and the United Steelworkers local 6409 was preparing to hold a strike vo…
East wins Keevil hockey match
The eastern Prospectors All-Stars beat the western Miner Selects 18-14 in the Norm Keevil Memorial Hockey Game, held during the annual convention of the Prospectors & Developers Association of Canada….
Producer and Dealer Prices (April 01, 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$6.40-6.90/lb.Copper: Comex May US$0.7455/lb.Indium: Indi…
Pezim back in Corona fold
West-coast entrepreneur Murray Pezim and Galveston Resources have called off their legal action against International Corona Resources, Royex Gold Mining and related companies.At the same time, Pezim …
Sherwood does Hope Bay diamond deal
Sherwood Mining (SWD-V) has inked a letter of intent with Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) to earn up to a 70% interest in any diamondiferous bodies discovered on the 80-km-long…
Vannessa seeks arbitration at Las Cristinas
Following a ruling by the Supreme Court of Venezuela in its favour, Vannessa Ventures (VVV-V) says it is confident it will be allowed to develop the Las Cristinas gold mine.The government of Venezuela…
Fronteer in deal with Aurion
Australian-listed AurionGold has entered into an agreement to explore and develop properties held by Fronteer Development Group (YFV-V) in the Red Lake-Birch Uchi district of northwestern Ontario.Auri…
Financings top up juniors’ treasuries
Vancouver — With investor interest in gold and base metal stocks picking up, several juniors are adding much-needed funds to their coffers by issuing shares.In an effort to speed up development of th…