TSE crawls higher as gold breaks US$330 per oz.
The Toronto Stock Exchange composite index began the Dec. 11-17 report period on an upswing, peaked, then crashed as skittish investors counted their blessings and ran for the hills. Still, the index …
News
Book Review: ‘Why Mining?’ takes a populist approach
DONALD WORTH – Why Mining?David McKay was born and raised near mines in British Columbia’s interior, where his grandfather ran a small placer operation. Nevertheless, he enrolled in civil engineering …
Canadian Stock Exchange Indices (December 23, 2002)
DateDec. 17Dec. 16Dec. 13Dec. 12Dec. 11HighLowTSX Composite6621.52…
Spot Prices Wed. December 18, 2002 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$337.05+13.30Silver$4.62-0.01Platinum$598.00+3.00…
Lending Rates (December 23, 2002)
as of 4 pm ET, Sept. 10, 2002(%)Bank of Canada2.75Canadian Prime4.50U.S. Discount0.75U.S. Prime4.25LIBOR US$ 3-month1.41LIBOR US$ 6-month1.42LIBOR US$ 1-year1.56Gold lease 3-month0.26Gold lea…
Producer and Dealer Prices (December 23, 2002)
Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.85/lb.Cadmium: Mid-mkt US$0.57/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-6.70/lb.Copper: Comex Mar US$0.732/lb.
Gold glitters on junior exchange (December 23, 2002)
Vancouver — Gold issues helped Canada’s junior exchange break the 1,000 mark on the S&P composite index over the week ended Dec. 17. The Venture Exchange index rocketed 35.56 points, or 3.68% of its …
GREATEST VALUE TRADED, DEC. 11-17
ExchgVal($000s)HighLowCloseChangeGoldcorp*N1230013.5910.9212.48+1.63…
The Northern Miner — North American Mining Index (December 23, 2002)
74.23 (+4.64)(Sept. 30/98 = 100)…
Laramide leases gold deposit (December 23, 2002)
In exchange for cash and future royalties, Laramide Resources (LAM-V) has leased its Cerro Colorado mining claims in Mexico to a private Australian mining company.Secotec paid US$50,000 in cash and ha…
Green light flashes for Tulsequah Chief
Vancouver — The government of British Columbia has finally issued a project approval certificate to Redcorp Venture’s (RDV-T) Tulsequah Chief project in the province’s northwestern region.The approva…
Nevsun intensifies efforts in Mali
Vancouver — Buoyed by a surging gold price, junior Nevsun Resources (NSU-T) is wasting no time advancing its two promising projects in Mali, West Africa.The junior ventured into the region back in 19…