Suit against Tiomin dismissed
A lawsuit lodged in Kenya against the local subsidiary of Tiomin Resources (TIO-T) has been dismissed.The suit, which sought to prevent development of the Kwale titanium-sands project on the Indian Oc…
2002
LME Warehouse Levels (April 08, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 2 (change from March 26 in brackets):MetalStock (tonnes)ChangeAluminium1029400(…
Exchange Rates (April 08, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 2April 1March 29March 28March 27US$ in C$1.59281.5994Holiday…
The Northern Miner — North American Mining Index (April 08, 2002)
86.32 (+3.67)(Sept. 30/98 = 100)…
Producer and Dealer Prices (April 08, 2002)
Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.20/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-7.20/lb.Copper: Comex May US$0.7635/lb.Indium: Indi…
Aurizon raises $5 million for Casa Berardi work
Aurizon Mines (ARZ-T) has arranged an offering that will raise $5 million for exploration work at the Casa Berardi gold deposit, 95 km north of La Sarre in northwestern Quebec.The offering, being made…
The Northern Miner — Small Producers Index (April 08, 2002)
84.11 (+7.51)(Sept. 30/98 = 100)…
Canadian Stock Exchange Indices (April 08, 2002)
DateApril 2April 1March 29March 28March 27HighLowTSE 3007893.397888.53Holiday7851.477935.90…
Producers rise with gold price
The Dow Jones Industrial Average shed 3.8% to finish the March 27-April 2 report period at 10,313.71 points, while the Standard & Poor’s 500 shed 1.5% to end at 1,136.76 points.Gold shot past US$300 p…
CDNX moves into spring on bullish note
Vancouver — Canada’s junior exchange continued to gain momentum over the holiday-shortened report period ended April 2. The Standard & Poor’s-CDNX composite index jumped 20.65 points, or 1.7%, to clo…
MOST ACTIVE ISSUES, MARCH 27-APR 2
ExchgVol(000s)HighLowCloseChangeKinross GoldT224672.391.962.13+0.23…
Learning from Musselwhite
The Musselwhite gold deposit in northwestern Ontario is on land belonging to First Nations. Dealing with the development concerns of First Nations created an additional challenge for Placer Dome beyon…