Fronteer to raise $6.0 million
Vancouver — Fronteer Development Group (FRG-T) intends to raise $6 million through a private placement financing.
2004
BHP signs Chinese steel deal
Anglo-Australian giant BHP Billiton (BHP-N) has inked a US$9-billion deal to annually ship some 12 million tonnes o…
Dundee Precious Metals eyes producer status (March 01, 2004)
Not satisfied to watch from the sidelines, investment company Dundee Precious Metals (DPM-T) plans to join the ranks of gold producers by developing two recent Bulgarian acquisitions itself.”The prima…
Northern Miner Indices (March 01, 2004)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T17.1%CamecoCCO-T3.3%FalconbridgeFL-T5.0%Freeport McM BFCX-N8.2%GoldcorpG-T4.3%IncoN-T8.7%Kinross GoldK-T4.3%Newmont MiningNEM…
Daily Metal Prices (March 01, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 24Feb. 23Feb. 20Feb. 19Feb. 18Al Alloy1541/157…
US Supreme Court sides with coal miners
The U.S. Supreme Court recently refused to consider if the U.S. government improperly loosened rules for underground coal mining operations. Environmental groups had argued that 3,500 acres of nationa…
Producer and Dealer Prices (March 01, 2004)
Antimony: Mid-mkt US$2,700/t.Bismuth: Mid-mkt US$3.10/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$24-28/lb.Copper: Comex Mar. US$1.326/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: Mi…
Japan’s Jipangu drops Cambior stake
Cambior’s (CBJ-T) major shareholder, Japanese-based Jipangu, has cut its ties with the Quebec gold miner by selling 10.4 million shares.The private gold investment fund has also monetized its remainin…
Exchange Rates (March 01, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 24Feb. 23Feb. 20Feb. 19Feb. 18US$ in C$1.32801.33571.34401.3…
Canadian Stock Exchange Indices (March 01, 2004)
DateFeb. 24Feb. 23Feb. 20Feb. 19Feb. 18HighLowTSX Composite8604.99…
The Northern Miner Indices (March 01, 2004)
North American Mining: 108.72 (-2.28)Small Producers: 122.42 (-8.65)(Sept. 30/98 = 100)…
Asia Pacific seeks Udon North resolution (March 01, 2004)
Asia Pacific Resources (APQ-T) and the Thai Department of Primary Industry and Mines (DPM) will look for an independent party to decide the fate of the Toronto-based junior’s special prospecting licen…