Exchange Rates (August 26, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 20Aug. 19Aug. 16Aug. 15Aug. 14US$ in C$1.57151.57101.56011.5…
2002
Gold Funds (August 26, 2002)
Gold Funds as at August 15, 2002Dundee Precious MetalsCentral FundNet Value$21.28$5.75Price$15.50$6.44…
Jack Botsford
Jack Botsford, former vice-president and general manager of Gunnar Mining, has died. He was 90.Botsford was born in 1911 and graduated from the University of Toronto in 1933 with a bachelor of applied…
Enviromental concerns affect boron demand
Consumption of borate in the detergents industry continues to be affected by environmental concerns, according to a report from London-based Roskill Information Services.Economics of Boron (10th editi…
Understanding Graham
I respectfully disagree with the editorial criticism of Ben Graham (Risk without Wealth, T.N.M., July 22-28/02). A pairing of poor values with volatile prices do not make equity markets doubly unattra…
The Northern Miner — Small Producers Index (August 26, 2002)
70.22 (-3.49)(Sept. 30/98 = 100)…
Feds fund scholarships
The federal government has given $24,000 in scholarships to geomatics students under the Geomatics Canada Scholarship Program.Under the plan, 16 college and university students received scholarships w…
Canadian Stock Exchange Indices (August 26, 2002)
DateAug. 20Aug. 19Aug. 16Aug. 15Aug. 14HighLowTSX Composite6655.296658.106571.726557.576550.07…
LME Warehouse Levels (August 26, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 20 (change from Aug. 13 in brackets):MetalStock (tonnes)ChangeAluminium1295775(-…
Rally leaves golds behind
A strong rally in the U.S. markets over the report period Aug. 13-20 brought the Dow Jones Industrial Average up 4.6% and the broader Standard & Poor’s 500 up 6%.The Dow finished the period at 8,872.0…
The Northern Miner — North American Mining Index (August 26, 2002)
71.35 (-1.21)(Sept. 30/98 = 100)…
Supreme court dismisses Westray suit
The Supreme Court of Canada has refused to hear the merits of a multimillion-dollar civil action against the government of Nova Scotia by representatives of families of workers killed in the Westray c…