Meridian hammered by local Esquel vote
Locals living near Meridian Gold’s (MNG-T) Esquel gold project in southern Argentina have voted overwhelmingly against its development.The Esquel project is 10 km northeast of the city of the same nam…
News
The Northern Miner Indices (March 31, 2003)
North American Mining: 64.69 (-3.07)Small Producers: 54.42 (-4.31)(Sept. 30/98 = 100)…
Consumer Gold Demand in Key Countries
Tonnes20012002% change01.Q402.Q4% changeIndia726.7575.7-20.8156.2193.523.8…
First Quantum raises funds (March 31, 2003)
First Quantum Minerals (FM-T) has inked a financing deal with a private equity fund to raise up to US$35 million.Subject to the usual conditions, AIG African Infrastructure Fund will purchase 4 millio…
Spot Prices Wednesday March 26, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$329.60-9.40Silver$4.38-0.10Platinum$644.00-36.00…
Diamond definition won’t change: Bureau
A proposed change to the trade definition of Canadian diamonds, aimed at fostering a fledgling diamond cutting and polishing industry in the Northwest Territories, is dead in the water.The document, c…
Semafo fills in Wona (March 31, 2003)
Ongoing reverse-circulation drilling by Semafo (SMF-T) has confirmed the continuity of mineralization over the 800-metre northern portion of the Wona oxide gold deposit in Burkina Faso.The drilling al…
Producer and Dealer Prices (March 31, 2003)
Antimony: Mid-mkt US$2,500/t.Bismuth: Mid-mkt US$2.80/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$9.20-10.30/lb.Copper: Comex May US$0.771/lb.Indium: Indium Corp., ingot, US$110/kg.Iridium…
NYSE MOST ACTIVE ISSUES (March 31, 2003)
ExchgVol(000s)HighLowCloseChangeNewmont Mng*N1673526.2524.2325.00-0.98…
Lending Rates (March 31, 2003)
as of 4 pm ET, Mar. 25, 2003(%)Bank of Canada3.25Canadian Prime4.75U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.29LIBOR US$ 6-month1.28LIBOR US$ 1-year1.40Gold lease 3-…
Prudent Bear Funds beefs up Western Silver holdings
Recent insider trading transactions reported by the Ontario Securities Commission include the following:q Alamos Minerals (AAS-V) — Chester Millar, director, bought 258,000 shares at 47-53 apiece to…
TSX GREATEST PERCENTAGE CHANGE (March 31, 2003)
ExchgVol(000s)HighLowClose%ChangeGeneral MnrlsT15…