Troymin enters Otish Mountains fray
Calgary-based junior Troymin Resources (TYR-V) has applied for mineral claims covering 200 sq. km in the Otish Mountains diamond area play in Quebec.Pending approval by the provincial government, thes…
News
Rio Narcea trims board (January 14, 2002)
An investment group has purchased 12.8 million shares of Rio Narcea Gold Mines (RNG-T) to nab a 19.8% equity stake in the company. The group includes Chairman Chris von Christierson.The shares, purcha…
Battle brewing over control of Valerie Gold
Vancouver — As was the case with many junior explorers, 1996 was a stellar year for Valerie Gold (VLG-V). With $20 million in the kitty and with the drill rig set to turn on the prospective Mamatla m…
Newmont ups ante as AngloGold stands pat
Determined to win a bidding war with AngloGold (AU-N), Newmont Mining (NEM-N) has raised its offer for Normandy Mining (NDY-T) as an insurance measure.In mid-November, Newmont triggered the…
Gold Funds (January 14, 2002)
Gold Funds as of January 3, 2002Dundee Precious MetalsCentral FundNet Value$13.94$5.65Price$9.30$5.50Discount33.29…
Producer and Dealer Prices (January 14, 2002)
Antimony: Mid-mkt US$1,130/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$6.79-8.50/lb.Copper: Comex Mar. US$0.7085/lb.Indium: Ind…
Lending Rates (January 14, 2002)
as of 4 pm, Jan. 8, 2002(%)Bank of Canada2.50Canadian Prime4.00U.S. Discount1.25U.S. Prime4.75…
Exchange Rates (January 14, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 8Jan. 7Jan. 4Jan. 3Jan. 2US$ in C$1.59501.59791.59751.5968…
Spot Prices Wed. January 9, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$279.35+$1.25Silver$ 4.75+$0.16Platinum$475.00-$…
TSE Short Positions (January 14, 2002)
Short positions outstanding at December 31, 2001Larger individual positions include: Alcan Inc. 1122349 down 218851; Ashton Mining Of Canada Inc. 129000 up 87900; Barrick Gold Corporation 11…
The Northern Miner — North American Mining Index (January 14, 2002)
70.09 (+ 1.84)(Sept. 30/98 = 100)…
GREATEST VALUE TRADED, JANUARY 2-8
ExchgVal($000s)HighLowCloseChangeAlcoa*N63782338.5835.3637.34+1.79…