News

CanTung ships first concentrate (February 25, 2002)

Vancouver — North American Tungsten (NTC-V) has completed its first shipment of high-grade clean tungsten concentrate. The concentrate was shipped to Sandvik AB of Stockholm and Osram Sylvania Produc…


Corner bay tops up till

Junior Corner Bay Silver (BAY-T) has raised $4.5 million in several private placements comprising 1.8 million shares in all. Proceeds are earmarked for the advanced Alamo Dorado silver-gold project in…


LME Warehouse Levels (February 25, 2002)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 19 (change from Feb. 12 in brackets):MetalStock (tonnes)ChangeAluminium898025(+2…


Producer and Dealer Prices (February 25, 2002)

Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.60-7.20/lb.Copper: Comex Mar. US$0.7075/lb.Indium: Ind…



Northern Miner Indices (February 25, 2002)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…


Daily Metal Prices (February 25, 2002)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 19Feb. 18Feb. 15Feb. 14Feb. 13Aluminium1360.50…


Faro agreement nixed

The federal Department of Indian and Northern Affairs, the Yukon government and Teck Cominco have terminated their memorandum of understanding (MOU) on the management of assets at the defunct Faro bas…


TSE Short Positions (February 25, 2002)

Short positions outstanding at February 15, 2002Agnico-Eagle. 3,511,200 up 1,144,049; Alcan Inc. 1,284,078 down 127,696; Appalaches 140,456 up 140,456; Ashton 328,350 up 6…


Central bank selling pricks ears of producers

The issue of central bank selling resurfaced during the Feb. 13-19 report period, after Germany revealed its intention to unload some of its reserves.On Feb. 19, Bundesbank President Ernst Welteke tol…


CDNX follows major bourses down

Vancouver — Canada’s junior exchange slid into bear country over the week ended Feb. 19. The Standard & Poor’s-CDNX composite index dropped 35.92 points, or 3.1%, to close at 1116.95.With drill resul…



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