Omai’s performance improved in 2001
Despite being just a few years from the end of its operating life, Cambior’s (CBJ-T) Omai open-pit gold mine in Guyana managed to turn in a record performance during 2001.The operation achieved its hi…
News
LME Warehouse Levels (February 11, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 5 (change from Jan. 29 in brackets):MetalStock (tonnes)ChangeAluminium865075(+15…
MOST ACTIVE ISSUES, JAN. 30-FEB. 5
ExchgVol(000s)HighLowCloseChangeTVX GoldT367321.010.830.96+0.12…
GREATEST VALUE TRADED, JAN. 30-FEB. 5
ExchgVal($000s)HighLowCloseChangePlacer DomeT1343321.9018.9621.67+2.42…
The Northern Miner — North American Mining Index (February 11, 2002)
78.56 (+5.91)(Sept. 30/98 = 100)…
Drills turn at McCuaig (February 11, 2002)
Vancouver — Rubicon Minerals (RMX-V) has kicked off a 3,050-metre drill program on the McCuaig gold project in Red Lake, Ont.The company is targeting a gold-bearing structural zone discovered last ye…
Daily Metal Prices (February 11, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 5Feb. 4Feb. 1Jan. 31Jan. 30Aluminium1366/1383…
Canadian Stock Exchange Indices (February 11, 2002)
DateFeb. 5Feb. 4Feb. 1Jan. 31Jan. 30HighLowTSE 3007523.477591.077690.517648.997548.83…
CDNX rallies as gold climbs
Vancouver — Canada’s junior exchange continued to move higher on heavy volumes over the report period ended Feb. 5. The Standard & Poor’s-CDNX Composite Index gained 25.9 points, or 2.3% to close at …
Gold Fields’ earnings nearly triple (February 11, 2002)
Reflecting a weakened South African rand and a month’s production from the recently acquired St Ives and Agnew mines in Western Australia, Gold Fields (GOLD-Q) has reported record earnings of US$67 mi…
Brett licence approved
The government of El Salvador has issued an exploration licence covering the El Potosi gold mine to Vancouver-based Brett Resources (BRN-V). The new licence was issued in conformance with a new Mining…
Lending Rates (February 11, 2002)
as of 4 pm ET, Feb. 5, 2002 (%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75…