Provenor grabs stake in Fenelon extension
Montreal-based Provenor Inc. (PVN-V) has inked a deal to take a 51% interest in three claim blocks, covering about…
News
Kirkland Lake raises Macassa cash
Kirkland Lake Gold (KGI-V) (formerly Foxpoint Resources) has raised more than $4.7 million via a private placement…
BHP unloads CVRD stake (December 30, 2002)
Vancouver – Seeing little strategic value in holding on to its stake in iron ore producer Companhia Vale do Rio Doc…
MOST ACTIVE ISSUES, DEC. 18-20
ExchgVol(000s)HighLowCloseChangeKinross GoldT258063.723.313.44+0.19…
Gold touches US$355 per oz.
Gold bugs were particularly exultant during the report period ended Dec. 20 as the yellow metal surged to US$355 per oz. on Dec. 19. during intra-day, European trading.However, any belief in gold is s…
GREATEST VALUE TRADED, DEC. 18-20
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N50993329.3027.6028.61+0.56…
Daily Metal Prices (December 30, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 23Dec. 20Dec. 19Dec. 18Al Alloy1345/13301340/1…
Drilling keeps Tiberon keen at Nui Phao
Vancouver — Tiberon Minerals (TBR-V) has released more results from ongoing drilling at the Nui Phao tungsten polymetallic deposit in northern Vietnam.The program is designed to define mineralization…
LME Warehouse Levels (December 30, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 20 (change from Dec. 17 in brackets):MetalStock(tonnes)ChangeAluminium1249850(+2…
Lending Rates (December 30, 2002)
as of 4 pm ET, Dec. 19, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.40LIBOR US$ 6-month1.40LIBOR US$ 1-year1.53Gold lease 3-…
Exchange Rates (December 30, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 23Dec. 20Dec. 19Dec. 18US$ in C$1.55041.55241.54751.5537…
Eldorado cashes in
Eldorado Gold (ELD-T) has closed a $46-million financing with a syndicate of underwriters led by Yorkton Securities and including Sprott Securities, BMO Nesbitt Burns, TD Securities, National Bank Fin…