Spot Prices Wed. January 30, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$280.95-$0.65Silver$ 4.30 $0.00Platinum$457.00-$…
News
Silver Standard execs cash in options
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Aurora Platinum (ARP-V) — Michael Winn, director, exercised 37,500 option…
LME Warehouse Levels (February 04, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 29 (change from Jan. 22 in brackets):MetalStock (tonnes)ChangeAluminium849775(+1…
Trading Summary (February 01, 2002)
Gaining steam over the afternoon, the Toronto Stock Exchange finished the week off with a 42.01-point gain to end a…
Stillwater gets diluted
Vancouver — Armed with a revised operating plan, North America’s largest producer of platinum and palladium has co…
Annex spots large conductor at Lae Jehe
Vancouver — International Annax Ventures (IAX-V) has discovered a deep conductor on the Lae Jehe zone that is supe…
Cerro Casale still on hold
Even with the approval for an environmental impact study from Chilean authorities in hand, Placer Dome (PDG-T) says…
Meridian eyes 51% stake in Gold Hawk
Mid-tier gold producer Meridian Gold (MNG-T) has reached an agreement that could give it a controlling interest in…
Cambior, Mazarin add to reserves at Niobec
Cambior (CBJ-T) and Mazarin (MAZ-T) have upgraded more resources into reserves at their equally owned Niobec niobiu…
Low metal prices take toll on Teck Cominco earnings
Vancouver — With the merger completed, Teck Cominco (TEK-T) has been cleaning house and posted an after tax net lo…
Rio Narcea production hits high
Rio Narcea Gold Mines (RNG-T) produced a record 124,363 oz. of gold at an estimated cash cost of US$190 per oz. fro…
Lang wins Valerie proxy fight
Vancouver – Frank Lang managed to stave off a contentious proxy fight as shareholders voted almost two-to-one to ke…