Exploration
Montreal-based Provenor (pvn-v) has inked a deal to take a 51% interest in three claim blocks covering about 3.2 sq. km in Fenelon and Gaudet twps. in Quebec’s Abitibi region.Provenor can acquire the …
News
Silver Standard finds new zone
A new lens of lead-zinc-silver mineralization has turned up in drilling at the Bowdens property in New South Wales, Australia. Operator Silver Standard Resources (SSO-V) identified the new zone in thr…
Intrepid enlarges Salvadoran gold target
Drilling by Intrepid Minerals (IAU-V) at the Aldea Zapote exploration concession, east of Metapan in the northwestern corner of El Salvador, has extended the property’s known silver mineralization dow…
Kirkland Lake raises cash
Kirkland Lake Gold (KGI-V) (formerly Foxpoint Resources) has raised more than $4.7 million via a private placement of some 2.6 million common shares at $1.80 apiece.That’s $765,000 more than initially…
LME Warehouse Levels (January 06, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 24 (change from Dec. 20 in brackets):MetalStock(tonnes)ChangeAluminium1250250(+4…
The Northern Miner — North American Mining Index (January 06, 2003)
77.06 (+2.98)(Sept. 30/98 = 100)…
Northern Miner Indices (January 06, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T21.9%FalconbridgeFL-T4.2%Freeport BFCX.B-N5.0%GoldcorpG-T5.2%IncoN-T7.7%Meridian GoldMNG-T4.7%Newmont MiningNEM-N24.8%Noranda…
MOST ACTIVE ISSUES, DEC. 23-27
ExchgVol(000s)HighLowCloseChangeCaledonia Mng*Q146600.310.200.27+0.07…
Apollo raises $14.4 million for Montana Tunnels
One more sign that things are picking up in the gold business: Apollo Gold (APG-T) has completed a private placement of 6 million units priced at $2.40 each for gross proceeds of $14.4 million.A unit …
Lending Rates (January 06, 2003)
as of 4 pm ET, Dec. 19, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.40LIBOR US$ 6-month1.40LIBOR US$ 1-year1.52Gold lease 3-…
McWatters eyes Kiena revival (January 06, 2003)
Surface and underground drilling by McWatters Mining (MWA-T) has outlined new measured and indicated resources at the idled Kiena mine, near Val d’Or, Que.The resources, found in two zones, total 1.2 …
Canadian Stock Exchange Indices (January 06, 2003)
DateDec. 30Dec. 27Dec. 26Dec. 25Dec. 24HighLowTSX Composite6617.55…