Coeur closes Martha purchase
Coeur d’Alene Mines (CDE-N) has completed the purchase of the Martha silver mine in Argentina from Yamana Resources (YRI-T).With the mine comes a 588-sq.-km land package in Santa Cruz province coverin…
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Shareholders OK Dayton, Pacific Rim merger
Shareholders of both companies have overwhelmingly approved the merger of Pacific Rim Mining (PFG-T) and Dayton Mining (DAY-T), leaving the final say to the courts.Under the proposed amalgamation, Day…
Spot Prices Wed. April 3, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$304.95+$7.45Silver$ 4.70+$0.06Platinum$534.00+$…
River strikes deal for Edwards
Strike Minerals (YKS-T) has agreed to acquire the mothballed Edwards mine in Algoma, Ont.Strike paid $20,000 on signing the deal and must issue 500,000 shares to River Gold Mines (RIV-T) plus 500,000 …
Trend Mining gets Lake Owen
Idaho-based junior Trend Mining (TRDM-O) has completed an earn-in on the Lake Owen property in Wyoming, taking over a 100% interest from General Minerals (GNM-T).The property, in in southeastern Wyomi…
LME Warehouse Levels (April 08, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 2 (change from March 26 in brackets):MetalStock (tonnes)ChangeAluminium1029400(…
Exchange Rates (April 08, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 2April 1March 29March 28March 27US$ in C$1.59281.5994Holiday…
Producer and Dealer Prices (April 08, 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$6.30-7.20/lb.Copper: Comex May US$0.7635/lb.Indium: Indi…
Canadian Stock Exchange Indices (April 08, 2002)
DateApril 2April 1March 29March 28March 27HighLowTSE 3007893.397888.53Holiday7851.477935.90…
Producers rise with gold price
The Dow Jones Industrial Average shed 3.8% to finish the March 27-April 2 report period at 10,313.71 points, while the Standard & Poor’s 500 shed 1.5% to end at 1,136.76 points.Gold shot past US$300 p…
CDNX moves into spring on bullish note
Vancouver — Canada’s junior exchange continued to gain momentum over the holiday-shortened report period ended April 2. The Standard & Poor’s-CDNX composite index jumped 20.65 points, or 1.7%, to clo…
Suit against Tiomin dismissed
A lawsuit lodged in Kenya against the local subsidiary of Tiomin Resources (TIO-T) has been dismissed.The suit, which sought to prevent development of the Kwale titanium-sands project on the Indian Oc…