Lending Rates (April 15, 2002)
as of 4 pm ET, Apr. 9, 2002(%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.97LIBOR US$ 6-month2.23LIBOR US$ 1-year2.97Gold lease 3-month0.48Gold lease…
2002
Drilling a bust at Mackay Lake
Drilling by ATW Resources on the Mackay Lake property in the Northwest Territories has failed to find the source of a prominent indicator mineral dispersion train which has been traced over 25 km.No k…
Kennecott expands potential of Anuri
The first hole of a spring drilling campaign on the Rockinghorse property in Nunavut has expanded the tonnage potential of the highly diamondiferous Anuri pipe. The project is in the Coronation Gulf d…
Eastfield bullish on Lorraine
Vancouver — Eastfield Resources (ETF-V) has tabled encouraging results from two more holes drilled on the Lorraine copper-gold property near Prince George, B.C.The latest bout of drilling was aimed a…
OSC charges Lydia Diamond
The Ontario Securities Commission has ordered a hearing into alleged violations of the Securities Act by executives of Lydia Diamond Exploration (LDIA-C).The Commission alleges that the couple who ser…
PEOPLE (April 15, 2002)
Alcoa — Carlos Ghosn appointed director.Crew Development — Jan Vestrum appointed president and CEO.Cumberland — Brad Thiele appointed vp, Meadowbank project development.Dia…
TSE Shorts (April 15, 2002)
Short positions outstanding at March 31, 2002Larger individual positions includeAgnico-Eagle 4,206,836 up 1,024,854; Alcan 839,999 down 529,538; Ashton Mining 779,428 up 287,918;…
Sultan confirms continuity at Kena (April 15, 2002)
Vancouver — Drilling by Sultan Minerals (SUL-V) at the Kena property in southeastern British Columbia has confirmed the presence of high-grade mineralization in the Gold Mountain zone.The program con…
De Beers denies hidden agenda
De Beers is defending itself against allegations of monopolistic behaviour toward a black empowerment group.The major’s relationship with New Diamond Corp. (NDC) came into question after the Johannesb…
LME Warehouse Levels (April 15, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 9 (change from April 2 in brackets):MetalStock (tonnes)ChangeAluminium1042825(+…
AIM steps up marketing drive in Canada
Fresh from a marketing coup in Australia, representatives of the London Stock Exchange’s Alternative Investment Market (AIM) are wooing Canadian juniors that might benefit from a London listing.AIM is…
MOST ACTIVE ISSUES, APRIL 3 – APRIL 9
ExchgVol(000s)HighLowCloseChangeAlcoa*N1677938.1536.0537.38-0.53…