Lending Rates (February 04, 2002)
as of 4 pm ET, Jan. 29, 2002(%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25…
News
Namco shareholders approve restructuring
Junior marine diamond miner Namibian Minerals (NMR-T) plans to raise US$10 million in debt financing as part of a restructuring effort.In early 2001, Namibian was forced into provisional liquidation a…
NAME CHANGES (February 04, 2002)
Curion Venture (CUV-V) has changed its name to UC Resources (UC-V) on a 1-new-for-5-old-share basis.
Canadian Stock Exchange Indices (February 04, 2002)
DateJan. 29Jan. 28Jan. 25Jan. 24Jan. 23HighLowTSE 3007567.147643.737659.297657.597598.45…
South Africa represented at PDAC
South Africa will have a national pavilion at the annual convention of the Prospectors & Developers Association of Canada, slated for March 10-13 in Toronto.The pavilion represents 12 mining companies…
US indicators surpass expectations
Metals prices traded in buoyant fashion for most of the report period Jan. 21-25, feeding off unexpectedly good economic data and strong technical indicators. Weakness crept in late on Jan. 25, pushin…
Bauxite output doubles
After languishing during the first half of the 1990s, the bauxite and alumina industries have expanded in recent years, according to a report by London-based Roskill Information Services.The Economics…
Northern Miner Indices (February 04, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…
Gold Funds (February 04, 2002)
Gold Funds as of January 24, 2002Dundee Precious MetalsCentral FundNet Value$15.69$5.48Price$10.35$5.42…
Dare to look up
The opening month of 2002 provided a few signs that the mineral exploration business may at last be turning a corner.This year’s Cordilleran Roundup in Vancouver was the most successful in years, with…
Producer and Dealer Prices (February 04, 2002)
Antimony: Mid-mkt US$1,090/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.95-7.60/lb.Copper: Comex Mar. US$0.699/lb.
The Northern Miner — North American Mining Index (February 04, 2002)
72.65 (+1.70)(Sept. 30/98 = 100)…