The Northern Miner — Small Producers Index (January 06, 2003)
96.17 (+12.77)(Sept. 30/98 = 100)…
News
Gold and diamonds took spotlight in 2002
Vancouver — Market-watchers are optimistic the resurgence in the price of gold will help transform prospective properties into producing mines over the next few years.During 2002, Canadian companies …
MOST ACTIVE ISSUES, DEC. 23-27
ExchgVol(000s)HighLowCloseChangeCaledonia Mng*Q146600.310.200.27+0.07…
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…
The Northern Miner — North American Mining Index (January 06, 2003)
77.06 (+2.98)(Sept. 30/98 = 100)…
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…
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…
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…
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 …
Ivanhoe Mines turns to Aussies for cash
Ivanhoe Mines (IVN-T) is raising up to $60 million through a private placement financing targeting Australian investors.The financing consists of up to 20 million special warrants priced at $3 apiece….
Barrick stands out among explorers in 2002
‘Tis the season to be repetitive.New precious and base metals discoveries all but failed to make headlines in 2002, with most explorers remaining firmly attached to known deposits. Still, the tactic w…
BHP unloads CVRD stake (January 06, 2003)
Vancouver — Seeing little strategic value in holding on to its stake in iron ore producer Companhia Vale do Rio Doce (CVRD) (RIO-N), BHP Billiton (BHP-N) has agreed to sell its 2.1% indirect interest…