Trading Summary (December 27, 2001)
The oil sector led the Toronto Stock Exchange 98.01 points or 1.3% higher on Thursday. Oil stocks gained 2.45% as i…
News
Boulder eyes Quebec diamond play
Vancouver — Now that Ashton Mining of Canada (ACA-T) has confirmed the dimondiferous nature of two kimberlite bodi…
OM Group grabs Cawse
Cleveland, Ohio-based OM Group (OMG-N) has acquired the mineral rights and chemical processing capabilities of the…
Inmet drops Newfoundland projects
Inmet Mining (IMN-T) has dropped out of a joint venture exploring the Victoria Mine, Sutherlands Pond and Hungry Hi…
Crystallex picks up new shareholders
Vancouver — Two major investment companies have taken down a $7 million financing in Crystallex International (KRY…
Ivanhoe sparks excitement with Mongolian copper-gold find
Oyu Tolgoi, Mongolia — Convinced that its Turquoise Hill copper-gold porphyry discovery in southern Mongolia has the tonnage potential to rival that of the huge Grasberg deposit in Indonesia, Robert …
News – 24-DEC-01
The Northern Miner — North American Mining Index (December 24, 2001)
69.28 (+3.09)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 24, 2001)
46.21 (+0.84)(Sept. 30/98 = 100)…
Gold Funds (December 24, 2001)
Gold Funds as of December 13, 2001Dundee Precious MetalsCentral FundNet Value$13.13$5.30Price$8.95$5.08…
Mounting metals stocks cast pall over new year
Base metals continued to shed value during the report period Dec. 10-14 as the markets eased back following the technical rally of late November.Nickel was the big loser, shedding 8.1% of its average …
Northern Miner Indices (December 24, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T21.0CamecoCO-T3.9FalconbridgeFL-T5.1Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N4.8Homestake MiningHM-N7.4I…