Greek bombshell sinks TVX (March 18, 2002)
Massive writedowns eroded an otherwise profitable year for TVX Gold (TVX-T).The gold miner lost US$227.9 million (or US$1.24 per share) in 2001 on revenue of US$158.3 million, compared with earnings o…
2002
MOST ACTIVE ISSUES, MARCH 6-12
ExchgVol(000s)HighLowCloseChangeNewmont Mng*N1956925.4322.8024.21-0.34…
Solitario cuts PGMs at Pedra Branca
Vancouver — Denver-based Solitario Resources (SLR-T) has intersected new platinum-palladium mineralization at its Santa Amaro and Cedro 1 prospects at the Pedra Branca project in Brazil.Solitario’s S…
GREATEST VALUE TRADED, MARCH 6-12
ExchgVal($000s)HighLowCloseChangeAlcoa*N71720639.7537.7838.92+0.49…
Mergers affected ’01 gold price
Several factors combined to make 2001 a difficult year for gold, according to CPM Group. Chief among these were contracting trading volumes in the futures and dealer markets, and consolidation and mer…
Rubicon deals ground to Redstar Minerals, Wheaton River
Vancouver — With drilling already under way on its key properties in Ontario’s Red Lake district, Rubicon Minerals (RMX-V) intends to advance some of its other projects by dealing them to experienced…
Lending Rates (March 18, 2002)
as of 4 pm ET, Mar. 12, 2002(%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month2.00LIBOR US$ 6-month2.23LIBOR US$ 1-year2.85Gold lease 3-month0.60Gold leas…
Spot Prices Wed. March 13, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$293.75-$0.60Silver$ 4.50-$0.03Platinum$517.00+$…
Northern Miner Indices (March 18, 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…
LME Warehouse Levels (March 18, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 12 (change from March 5 in brackets):MetalStock (tonnes)ChangeAluminium953900(+…
The Northern Miner — North American Mining Index (March 18, 2002)
80.49 (+1.50)(Sept. 30/98 = 100)…
Daily Metal Prices (March 18, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 12March 11March 8March 7March 6Aluminium…