Canadian Stock Exchange Indices (August 05, 2002)
DateJuly 30July 29July 26July 25July 24HighLowTSX Composite6511.186483.076309.946278.446382.13…
News
Anglo American bids farewell to Kolwezi
Anglo American (AAUK-Q) has decided to sell its half-interest in Congo Mineral Developments (CMD), the joint venture that holds a 60% interest in the Kolwezi copper-cobalt tailings project in the Demo…
Lending Rates (August 05, 2002)
as of 4 pm ET, July 30, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.82LIBOR US$ 6-month1.86LIBOR US$ 1-year2.07Gold lease 3-month0.32Gold leas…
Spot Prices Wed. July 31, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$305.40-$8.20Silver$ 4.66-$0.20Platinum$530.00+$…
Silver Standard inks Challacollo option (August 05, 2002)
Vancouver — The results from a due diligence program have prompted Silver Standard Resources (SSO-V) to continue working the Challacollo silver-gold property in northern Chile.The 2,500-metre program…
LME Warehouse Levels (August 05, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 30 (change from July 23 in brackets):MetalStock (tonnes)ChangeAluminium1267425(+…
Northern Miner Indices (August 05, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
Almaden spins drills at Elk project
Vancouver — Aiming to expand the known resource of the Siwash North and WD vein systems, junior Almaden Minerals (AMM-T) has launched a $350,000 drill program at its wholly owned Elk gold property in…
LionOre extends Waterloo (August 05, 2002)
Drilling by LionOre Mining International (LIM-T) on the Wildara property in Western Australia has extended the strike length of the Waterloo nickel-platinum-group-metals deposit by 250-750 metres.The …
Silver demand slated to rise
As the global economy improves this year, demand for silver should recover from 2001 levels, according to World Silver Survey 2002, published by the Washington, D.C.-based Silver Institute.Silver fabr…
News – 05-AUG-02
Namco hits a sweet spot (August 05, 2002)
Marine diamond miner Namibian Minerals (NMR-T) has set a 1-day production record, hauling up an astonishing 16,417 carats from 1.9 sq. km of Feature 22.The parcel, which includes 54,240 stones, was re…