Vancouver — International Wayside Gold Mines (IWA-V) has failed to make a required $100,000 payment to Mosquito Consolidated Gold Mines (MSQ-V) and, as a result, has lost its right to earn a 100% sta…
ExchgVol(000s)HighLowCloseChangeAlcoa*N1708238.5835.3637.34+1.79…
Proceeds from an oversubscribed private placement of flow-through shares will enable Canadian Royalties (CZZ-V) to explore its 80%-optioned Expo-Ungava project and wholly owned Phoenix prospect in the…
European Goldfields (EGU-V) has completed a non-brokered private placement of 1.5 million shares priced at $3.10 apiece.The company intends to use the $4.6 million in gross proceeds to fund exploratio…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 8/02 (change from Dec. 31/01 in brackets):MetalStock (tonnes)ChangeAluminium823850…
With an eye on advancing the El Dorado gold-silver project in El Salvador, Dayton Mining (DAY-T) and Pacific Rim Mining (PFG-T) have proposed an all-stock merger.Pacific Rim President Catherine McLeod…
Minires du Nord (MDN-T) has secured a US$4-million loan facility arranged by RMB Resources, a South African-based financial institution.The money will more than cover MDN’s funding requirements for 2…
Stronger base metal prices over the Jan. 2-8 report period translated into a broad-based rally among the U.S.-listed base metal producers.BHP Billiton rose 89 to US$11.60; Phelps Dodge jumped $1.32 t…
Vancouver — Disappointing drill results have prompted mining titan Barrick Gold (ABX-T) to stop work on the California and Surf properties in the Goodpaster district of Alaska.The properties are adja…
The ongoing battle for Normandy Mining (ndy-t) took centre stage in eastern markets once again, with American producer Newmont Mining upping the ante at the start of the Jan. 2-8 report period.Newmont…
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 8Jan. 7Jan. 4Jan. 3Jan. 2Aluminium1417/1429…
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