Canadian Stock Exchange Indices (May 26, 2003)
DateMay 20May 19May 16May 15May 14HighLowTSX Composite6732.11…
News
Merger afoot for Minera Andes and La Mancha
Vancouver — Juniors Minera Andes (MAI-V) of Spokane, Wash., and La Mancha Resources (LMA-V) of Vancouver, B.C., are combining in an attempt to advance their projects in Argentina.Under the proposed m…
Exchange Rates (May 26, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 20May 19May 16May 15May 14US$ in C$1.3446Holiday1.36671.3761…
The Northern Miner Indices (May 26, 2003)
North American Mining: 67.16 (+0.46)Small Producers: 77.28 (+13.25)(Sept. 30/98 = 100)…
Northern Miner Indices (May 26, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T20.0%CamecoCCO-T3.6%FalconbridgeFL-T4.6%Freeport McM BFCX-N5.8%GoldcorpG-T4.5%IncoN-T8.0%Kinross GoldK-T4.5%Newmont MiningNEM…
Spot Prices Wednesday May 21, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$364.90+16.00Silver$4.74-0.08Platinum$680.00+18.00…
Lakota, Gold Fields strike deal
South African mining house Gold Fields (GFI-N) has taken an option on the land package recently consolidated by Lakota Resources (YLA-V) in the Lake Victoria gold district of Tanzania.Under the terms …
AngloGold eyes top spot with Ashanti takeover
Looking to regain top spot among global gold producers, South Africa’s AngloGold (AU-N) has entered talks aimed at achieving a merger with Ghana-based Ashanti Goldfields (ASL-N).The talks are centred …
North American Palladium coasts on stronger loony
The weaker U.S. dollar has enabled North American Palladium (PDL-T) to overcome substantial increases in operating expenses and income taxes.Net earnings topped $8.4 million (or 17 per share) on $41….
LME Warehouse Levels (May 26, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 20 (change from May 13 in brackets):MetalStock(tonnes)ChangeAluminium1153125(-170…
Daily Metal Prices (May 26, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 20May 19May 16May 15May 14Al Alloy1385/1380…
BC promotes mineral investment
The government of British Columbia will spend $1.2 million over two years to fund a geoscience program designed to stimulate mineral exploration.The Rocks to Riches program will be managed by the Brit…