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…
News
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…
People (December 30, 2002)
Gemcom Software — Appointed Rick Moignard as president and CEO.Richmont Mines — Louis Dionne appointed president and CEO.Lakefield Minerals — William Urseth appointed president.
Northern Miner Indices (December 30, 2002)
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…
The Northern Miner — North American Mining Index (December 30, 2002)
74.08 (-0.15)(Sept. 30/98 = 100)…
Canadian Stock Exchange Indices (December 30, 2002)
DateDec. 23Dec. 20Dec. 19Dec. 18HighLowTSX Composite6628.256560.626536.976560.937992.70…