Northern Miner Indices (March 11, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…
News
GREATEST VALUE TRADED, FEB. 27 – MAR. 5
ExchgVal($000s)HighLowCloseChangeAlcoa*N79945239.7036.5838.43+0.93…
Patrician stakes Blackwater
Patrician Consolidated Gold Mines (PXC-V) has staked the 268-sq.-km Blackwater Lake property, 550 km northwest of Yellowknife, N.W.T.The two claim groups, comprising 33 units, are accessible via a win…
CDNX follows major bourses up
Vancouver — Canada’s junior exchange broke out of its recent slide and posted modest gains during the 5-day report period ended March 5. The Standard & Poor’s/CDNX composite index gained 27.45 points…
Spot Prices Wed. March 6, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$294.35-$4.95Silver$ 4.53+$0.08Platinum$508.00+$…
Diamond discoveries nothing new
With extensive exploration under way for diamond occurences throughout Canada, including encouraging results in northern Ontario and Quebec, you can imagine my surprise when I was recently reading thr…
LEH outlines Geordie
Junior L.E.H. Ventures (LEH-V) has outlined a low-grade polymetallic resource at its Geordie Lake property in the Thunder Bay region of northern Ontario.Indicated resources ring in at 24.4 million ton…
New sulphide prospect at Aripuana
Drilling by Anglo American (AAUK-Q) to test an electromagnetic conductor on the Aripuana property in northern Mato Grosso state, Brazil, has intersected sulphide mineralization along strike from two z…
FPO Pacific Rim, Dayton propose merger
In what has been described as a “win-win situation” by both parties, Pacific Rim Mining (PFG-T) and Dayton Mining (DAY-T) are proposing a merger. Management of Pacific Rim likes the high-grade potenti…
Producer and Dealer Prices (March 11, 2002)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.20/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.60-7.00/lb.Copper: Comex May US$0.7405/lb.Indium: Indi…
FPO Hemlo seen as ripe for consolidation
The much-anticipated consolidation that’s shaking up the gold industry is capturing the attention of investors and mining executives alike. Although most of the attention is focused on activities at t…
New wave of explorers seeks Olympic Dam-type deposits
A quarter-century after the Olympic Dam discovery in Australia left geologists struggling to classify the giant oddity they’d found, a new and better-informed wave of exploration for Olympic Dam-style…