News

Munk, James enter Canadian Mining Hall of Fame

Two giants of the Canadian mining industry, Peter Munk and William James, were welcomed into the Canadian Mining Hall of Fame during the 14th annual ceremony and dinner, held at the Royal York Hotel i…



Northern Miner Indices (January 21, 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…


Lending Rates (January 21, 2002)

As of 4 pm, Jan. 15, 2002 (%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.72LIBOR US$ 6-month1.80LIBOR US$ 1-year2.5Gold lease 3-month0.7339Gold lease…


LME WHSE LEVELS (January 21, 2002)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 15 (change from Jan. 8 in brackets):MetalStock (tonnes)ChangeAluminium834500(+10…


Base metals slump as golds soar

Retreating base metal prices dragged producers down with them over the Jan. 9-15 report period, erasing gains made in the previous week.Rio Tinto slumped $3.69 to US$76.81; Phelps Dodge flopped $1.34 …



Taseko closes Gibraltar financing

Vancouver — Taseko Mines (TKO-V) has an exclusive right to acquire a limited partnership that has raised $1.8 million to research technology aimed at reviving the Gibraltar copper mine, near Williams…




Junior stakes Otish property

The Northair Group’s Northern Empire Minerals (NEM-V) has acquired, through staking, a 77-sq.-km property in the heart of the Otish Mountains area of Quebec.The La Croix property is 35 km east of Asht…


NAME CHANGES (January 21, 2002)

Britannia Minerals (BM-V) has changed its name to Nanotek (NTK-V) on a 1-new-for-1-old-share basis.Cascade Metals (CEM-V) has changed its name to American Gold Capital (AA…


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