Spot Prices Wednesday January 29, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$369.85+10.60Silver$4.85+0.02Platinum$649.00+1.00…
News
LME Warehouse Levels (February 03, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 28 (change from Jan. 21 in brackets):MetalStock(tonnes)ChangeAluminium1217775(-8…
People (February 03, 2003)
Apex Silver Mines — Igor Levental appointed VP of investor relations and corporate development.Cattron Theimeg — Frank Rudge appointed VP and managing director.Coeur D’Alene — James Sa…
Companies keep score on empowerment
A new system is allowing South African mining companies to monitor the sale of shares to black investors, the training and hiring of black staff, and purchases of goods and services from black-owned c…
Sizing up PGM markets
The palladium market has taken hits in all its major sectors, including autocatalysts, electronics and dental alloys. As a result the price of the metal fell from US$450 per oz. a year ago to below US…
The Northern Miner — Small Producers Index (February 03, 2003)
91.87 (+0.02)(Sept. 30/98 = 100)…
The Northern Miner — North American Mining Index (February 03, 2003)
77.68 (+2.19)(Sept. 30/98 = 100)…
New gold zones found in James Bay
Partners Cambior (CBJ-T) and Virginia Gold Mines (VIA-T) have found a new mineralized zone at their La Grande Sud property in Quebec’s James Bay region.The discovery was made in hole 175, which passed…
Claude aims deeper at Seabee (February 03, 2003)
A non-brokered financing deal promises to raise $3.75 million for Claude Resources (CRJ-T).The placement will consist of 2.5 million shares priced at $1.50 apiece. Attached to the shares are 1.25 mill…
Tahera tables Jericho EIS (February 03, 2003)
Tahera (TAH-T) has submitted the final environmental impact statement for the Jericho diamond project in Nunavut.The EIS will now face a minimum 60-day review period by regulators, followed by public …
TVX, Echo Bay shareholders give the nod
TVX Gold (TVX-T) reports that shareholders have given the green light to the proposed three-way merger of their com…
Trading Summary (January 31, 2003)
Toronto’s gold stocks ended the week on a sour note dropping 3.42 points to 195.3 as the yellow metal shed US$2.10…