CDNX follows major bourses down
Vancouver — Canada’s junior exchange slid into bear country over the week ended Feb. 19. The Standard & Poor’s-CDNX composite index dropped 35.92 points, or 3.1%, to close at 1116.95.With drill resul…
News
Central bank selling pricks ears of producers
The issue of central bank selling resurfaced during the Feb. 13-19 report period, after Germany revealed its intention to unload some of its reserves.On Feb. 19, Bundesbank President Ernst Welteke tol…
TSE Short Positions (February 25, 2002)
Short positions outstanding at February 15, 2002Agnico-Eagle. 3,511,200 up 1,144,049; Alcan Inc. 1,284,078 down 127,696; Appalaches 140,456 up 140,456; Ashton 328,350 up 6…
Faro agreement nixed
The federal Department of Indian and Northern Affairs, the Yukon government and Teck Cominco have terminated their memorandum of understanding (MOU) on the management of assets at the defunct Faro bas…
Getchell mine pushes Placer into red
Vancouver — Placer Dome (PDG-T) posted a US$29-million profit during the fourth quarter of 2001, but US$301 million in writedowns pushed the company US$133 million into the red for the year.Quarterly…
Daily Metal Prices (February 25, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 19Feb. 18Feb. 15Feb. 14Feb. 13Aluminium1360.50…
Northern Miner Indices (February 25, 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…
Canadian Stock Exchange Indices (February 25, 2002)
DateFeb. 19Feb. 18Feb. 15Feb. 14Feb. 13HighLowTSE 3007470.987558.637515.307526.397561.38…
Producer and Dealer Prices (February 25, 2002)
Antimony: Mid-mkt US$1,125/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$6.60-7.20/lb.Copper: Comex Mar. US$0.7075/lb.Indium: Ind…
The Northern Miner — Small Producers Index (February 25, 2002)
66.42 (-0.17)(Sept. 30/98 = 100)…
The Northern Miner — North American Mining Index (February 25, 2002)
77.01 (-1.19)(Sept. 30/98 = 100)…
Gold Funds (February 25, 2002)
Gold Funds as of February 14 2002Dundee Precious MetalsCentral FundNet Value$18.26$5.76Price$13.90$5.87…