TVX consolidates shares
Shareholders of TVX Gold (TVX-T) have overwhelmingly agreed to a 10-for-1 share consolidation.More than 97% of shareholders voted in favour of the consolidation at the company’s annual meeting in mid-…
2002
Meridian extends offer
With nearly 94 million shares, or about 81% of the company’s issued share capital already tendered, Meridian Gold (MNG-T) has extended its offer for shares of London-listed Brancote Holdings until Jul…
Spot Prices Wed. June 26, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$324.60+$2.75Silver$ 4.85-$0.05Platinum$551.00-$…
Gold Funds (July 01, 2002)
Gold Funds as at June 20, 2002Dundee Precious MetalsCentral FundNet Value$25.06$5.96Price$18.64$6.55…
Lending Rates (July 01, 2002)
as of 4 pm ET, June 25, 2002(%)Bank of Canada2.75Canadian Prime4.25U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.87LIBOR US$ 6-month1.97LIBOR US$ 1-year2.34Gold lease 3-month0.32Gold leas…
Voisey’s Bay clears final hurdle (July 01, 2002)
The Labrador Inuit Association and the Innu Nation, two of Labrador’s aboriginal groups, have voted to accept impacts-and-benefits agreements with Inco (N-T) regarding development of the Voisey’s Bay …
Exchange Rates (July 01, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 25June 24June 21June 20June 19US$ in C$1.52171.51681.52301.5…
FNX tops up treasury (July 01, 2002)
FNX Mining (FNX-T), formerly Fort Knox Gold Resource, has arranged a bought deal with Dundee Securities, BMO Nesbitt Burns and Griffiths McBurney & Partners to raise $25 million.Under the deal, FNX wi…
Producer and Dealer Prices (July 01, 2002)
Antimony: Mid-mkt US$1,410/t.Bismuth: Mid-mkt US$3.05/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.00-8.50/lb.Copper: Comex July US$0.7495/lb.Indium: Ind…
Canadian Stock Exchange Indices (July 01, 2002)
DateJune 25June 24June 21June 20June 19HighLowTSX Composite7120.807129.937139.437225.357247.76…
The Northern Miner – North American Mining Index (July 01, 2002)
85.01 (-0.20)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (July 01, 2002)
(Sept. 30/98 = 100)…