The Northern Miner — North American Mining Index (April 29, 2002)
85.50 (+1.54)(Sept. 30/98 = 100)…
News
The Northern Miner — Small Producers Index (April 29, 2002)
79.22 (+0.98)(Sept. 30/98 = 100)…
CDNX gains on moderate volume
Canada’s junior exchange moved higher on moderate volume over the week ended April 23. The Standard & Poor’s-CDNX composite index tacked on 8.91 points, or 0.7%, to close at 1,164.08.Goldminco topped …
Daily Metal Prices (April 29, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 23April 22April 19April 18April 17Aluminium13…
Syncrude pumps up oil sands production
The Athabasca oil sands deposit in northeastern Alberta hosts the single largest source of petroleum on earth, so it comes as no surprise that the region’s largest producer, Syncrude Canada, is spendi…
Athabasca exceeds Saudi reserves
As conventional supplies of oil and gas in Canada are depleted, the oil sands of northern Alberta offer the world an increasingly important energy source with low political risk.Oil sands in Alberta a…
Golds up in U.S.
With gold trading once again above US$300 per oz., the U.S.-listed majors turned in a strong performance over the report period ended April 23.Newmont Mining advanced 99 to US$29.24; AngloGold rose $…
MOST ACTIVE ISSUES, APRIL 17-23
ExchgVol(000s)HighLowCloseChangeKinross GoldT158662.472.112.40+0.21…
GREATEST VALUE TRADED, APRIL 17-23
ExchgVal($000s)HighLowCloseChangeBarrick GoldT45957730.2228.0230.04+1.98…
Atacama speeds up expansion
Vancouver — With its Aguas Blancas iodine mine in Chile running smoothly, Atacama Minerals (AAM-V) is arranging a US$3.5-million revolving credit facility to boost production.The credit facility will…
Steam-assisted gravity drainage makes debut
The use of steam and gravity to dislodge oil from the tar sands underlying Alberta and Saskatchewan is gradually becoming an accepted recovery technique as pilot projects mature into commercial operat…
Producer and Dealer Prices (April 29, 2002)
Antimony: Mid-mkt US$1,260/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.70-7.70/lb.Copper: Comex May US$0.7315/lb.Indium: Indi…