Trading Summary (January 27, 2003)
The techs stocks led the Toronto Stock Exchange 108.38 points lower to 6,556.52 points on Monday. The mining issues…
News
Fire hits Noranda’s Brunswick smelter
Noranda (NRD-T) reports that a weekend fire was contained to the silver refinery at its Brunswick lead smelter in B…
Maggie Hays gets green light (January 27, 2003)
Vancouver – In a move that doubles its nickel production down under, LionOre Mining International (LIM-T) is moving…
Tahera tables Jericho EIS (January 27, 2003)
Shares in Tahera (TAH-T) were trading nearly 7% higher in afternoon trade in Toronto on Jan. 27, after the company…
Renard 2 potential confirmed
The latest 2.5-tonne sample from the Renard 2 pipe has yielded 1.62 carats of diamonds greater than 0.85 mm in diam…
DFI to reassess Marshall Fork
Having recently resumed diamond production from the Marshall Forks area of its Luderitz offshore diamond concession…
Rubicon hits bonanza grades
Vancouver — A 14-hole drill program by Rubicon Minerals (RMX-V) at the McFinley Mine project in Ontario’s Red Lake camp has returned encouraging values.The 6,263-ft. program tested the mineralized zo…
Exchange Rates (January 27, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 21Jan. 20Jan. 17Jan. 16Dec. 15US$ in C$1.53301.53471.53541.5…
Daily Metal Prices (January 27, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 21Jan. 20Jan. 17Jan. 16Jan. 15Al Alloy1410/137…
War fears fuel gold market
Vancouver — Fear of war with Iraq continued to fuel the resource market over the week ended Jan. 21. The S&P-TSX Venture Exchange composite index added 12.84 points, or 1.15% of its value, and closed…
Placer bows out of South Carlin
Not satisfied with the latest drill results, Placer Dome (PDG-T) has chosen to walk away from the South Carlin project of Nevada Pacific Gold (NPG-V).In late 2001, Placer was dealt an option for a 60%…
OPA helps fund grassroots work
The Thunder Bay-based Ontario Prospectors Association (OPA) will help fund grassroots exploration through its newly created Ontario Exploration Corp. (OEC).Partially funded by the Ontario government t…