NAME CHANGES (January 14, 2002)
Antarex Metals (AXT-V) has changed its name to International Antarex Metals (IXT-V) on a 1-new-for-5-old-share basis.Britannia Minerals (BM-V) has changed its name to Nanotek…
News
What’s in store for the US dollar and gold?
In a short essay titled Making sense of the gold price, Paul van Eeden of Rick Rule’s San Diego-based Global Resource Investments makes a compelling case for buying gold to protect against a weakening…
Underground plan extends life of Argyle diamond mine
Despite the distinction of being the largest producer of diamonds by volume, churning out around one-quarter of the world’s supply, the Argyle mine accounts for an estimated market share of only 6% by…
The Northern Miner — Small Producers Index (January 14, 2002)
50.70 (+ 1.47)(Sept. 30/98 = 100)…
GREATEST VALUE TRADED, JANUARY 2-8
ExchgVal($000s)HighLowCloseChangeAlcoa*N63782338.5835.3637.34+1.79…
TSE Short Positions (January 14, 2002)
Short positions outstanding at December 31, 2001Larger individual positions include: Alcan Inc. 1122349 down 218851; Ashton Mining Of Canada Inc. 129000 up 87900; Barrick Gold Corporation 11…
CDNX continues bull run (January 14, 2002)
Vancouver — Canada’s junior exchange continued its bull run during the week ended Jan 8. The Standard & Poor’s-CDNX composite index jumped 47.75 points, or 4.6%, and closed at 1,084.34.Donner Mineral…
Spot Prices Wed. January 9, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$279.35+$1.25Silver$ 4.75+$0.16Platinum$475.00-$…
Exchange Rates (January 14, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 8Jan. 7Jan. 4Jan. 3Jan. 2US$ in C$1.59501.59791.59751.5968…
Lending Rates (January 14, 2002)
as of 4 pm, Jan. 8, 2002(%)Bank of Canada2.50Canadian Prime4.00U.S. Discount1.25U.S. Prime4.75…
Producer and Dealer Prices (January 14, 2002)
Antimony: Mid-mkt US$1,130/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$6.79-8.50/lb.Copper: Comex Mar. US$0.7085/lb.Indium: Ind…
Newmont ups ante as AngloGold stands pat
Determined to win a bidding war with AngloGold (AU-N), Newmont Mining (NEM-N) has raised its offer for Normandy Mining (NDY-T) as an insurance measure.In mid-November, Newmont triggered the…