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…
2002
Future is bright: minister
As federal minister of natural resources, I look forward to playing a leading role in helping to improve the quality of life of Canadians through sustainable resource development. Ensuring that future…
Venezuela takes control of Las Cristinas (March 18, 2002)
Vancouver — Two rulings by Venezuela’s mines ministry have laid the groundwork for what could become a bidding war over control of the legally plagued Las Cristinas gold property in Bolivar state.The…
Copper, nickel lead price index
Base metals prices achieved fresh highs for the year during the 5-day report period ended March 8, maintaining the steep upward trend established since late February.So far, the London Metal Exchange …
Denison to modify name
Management of Denison Mines (DEN-T) has proposed changing its name to “Denison Energy” in order to reflect the company’s modern, split focus on both the uranium and oil and gas sectors.In addition, ma…
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…