CDNX flounders behind major bourses
Vancouver — Canada’s junior exchange failed to follow the major bourses higher over the week ended May 1, with volume remaining on the modest side. The S&P-CDNX composite index lost 5.63 points, or 0…
2002
Revenue, earnings down at SPCC
First-quarter earnings at Southern Peru Copper (PCU-N) were weaker on lower production and lower realized copper prices. For the quarter ended March 31, the company earned US$6.4 million on revenues o…
Northern Miner Indices (May 06, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…
Editorial: Tales of the bubble
Last week, we examined some proposals to improve the quality and integrity of financial advice available to the public. While it has been suggested that the investing public will pay for good advice, …
Lending Rates (May 06, 2002)
as of 4 pm ET, April 30, 2002(%)Bank of Canada2.50Canadian Prime4.00U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.92LIBOR US$ 6-month2.12LIBOR US$ 1-year2.63Gold lease 3-month0.37Gold lea…
The Northern Miner — North American Mining Index (May 06, 2002)
84.52 (-0.98)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (May 06, 2002)
84.05 (+4.83)(Sept. 30/98 = 100)…
GREATEST VALUE TRADED, APRIL 24-30
ExchgVal($000s)HighLowCloseChangeAlcoa*N61530335.9033.2034.03-1.65…
Daily Metal Prices (May 06, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 30April 29April 26April 25April 24Aluminium13…
Kinross posts deeper loss (May 06, 2002)
Lower gold production and higher cash costs led Kinross Gold (K-T) to more than double its net loss for the first three months of 2002.The company suffered a loss of US$7.9 million (or 3 per basic an…
MOST ACTIVE ISSUES, APRIL 24-30
ExchgVol(000s)HighLowCloseChangeTVX GoldT355901.341.081.30+0.21…
TSE Short Positions (May 06, 2002)
Short positions outstanding at April 15, 2002Larger individual positions includeAgnico-Eagle 4,943,935 up 737,099; Andean American 111,000 up 107,000; Ashton 621,659 down 157,769;…