Marum leads as CDNX moves forward
Vancouver — Canada’s junior exchange posted modest gains during the report period ended Jan. 22. The Standard & Poor’s-CDNX composite index added 9.89 points, or 0.9%, to its value and closed at 1098…
2002
GREATEST VALUE TRADED, JANUARY 16-22
ExchgVal($000s)HighLowCloseChangeFranco-NevT45748926.9525.5026.15+0.30…
Northern Miner Indices (January 28, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…
Producer and Dealer Prices (January 28, 2002)
Antimony: Mid-mkt US$1,080/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.95-8.00/lb.Copper: Comex Mar. US$0.7025/lb.Indium: Ind…
LME Warehouse Levels (January 28, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 22 (change from Jan. 15 in brackets):MetalStock (tonnes)ChangeAluminium838375(+3…
Franco, Normandy rise to the occasion, again
The biggest news over the Jan. 16-22 report period was the withdrawal of South African AngloGold from a battle with U.S. miner Newmont Mining for control of Normandy Mining.The 3-month-old w…
Placer Dome awarded for AIDS project
Placer Dome has won a Development Marketplace Innovation award from the World Bank for a project aimed at helping mineworkers and their families cope with AIDS in southern Africa.The award was present…
Lego helps build tomorrow’s mining machines
High-schoolers in Australia thought of everything from a toll-free number (1-800-SCOOP-ME) to standard operator creature comforts as they competed for top honours in a recent equipment design contest …
NAME CHANGES (January 28, 2002)
Lom River Gold (LRG-V) has changed its name to Catalina Energy (CA-V) on a 1-new-for-1-old-share basis.Dejour Mines (DEJ-V) has changed its name to Dejour Enterprises (DJR…
Investment Commentary — Best bets for 2002, Part 2
The Northern Miner asked five market watchers of the junior mining and exploration sector to offer recommendations and opinions for the year ahead. In the previous issue, we heard from John Kaiser of …
Spot Prices Wed. January 23, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$281.60-$6.35Silver$ 4.30-$0.37Platinum$475.00-$…
Newmont triumphs over AngloGold
South African producer AngloGold (AU-N) has failed to sway enough shareholders to remain in the battle for Normandy Mining (NDY-T), giving Newmont Mining (NEM-N) a clear path to victory.The…