Exchange Rates (February 23, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 17Feb. 16Feb. 13Feb. 12…
2004
Northern Miner Indices (February 23, 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…
Canadian Stock Exchange Indices (February 23, 2004)
DateFeb. 17Feb. 16Feb. 13Feb. 12Feb. 11HighLowTSX Composite8767.108747.518694.468725.04…
Gold sparkles on Venture exchange
Vancouver — Canada’s junior exchange continued its bull run during the week ended Feb. 17. The S&P-TSX Venture Exchange composite index closed at 1931.61, up 65.43 points, or 3.5%.Spider Resources an…
The Northern Miner Indices (February 23, 2004)
North American Mining: 111.00 (+2.71)Small Producers: 131.07 (+6.16)(Sept. 30/98 = 100)…
Base Metals: The Last Leg Higher
Since the latest consensus metal price forecast survey conducted by Reuters in mid-January, in which we were the most bullish forecaster for 2004 on an aggregate basis, analysts have been busy making …
Producer and Dealer Prices (February 23, 2004)
Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.53/lb.Cobalt: Recent trades US$27-28/lb.Copper: Comex Mar. US$1.2435/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: M…
Exchange Rates (Bank of Canada, Feb. 17)
CurrencyAus $EuroJapan Mex PSA RandUK In C$1.04571.68360.012380.11980.20022.4956…
Barrick, Falco team up in Tanzania
Odd couple Barrick Gold (ABX-T) and Falconbridge (FL-T) have agreed to explore jointly the Kabanga nickel deposit in Tanzania.Falco can take a half-interest and assume the role of operator by funding …
EuroZinc closer to Neves Corvo deal
Vancouver — EuroZinc Mining’s (EZM-V) offer to buy the Neves Corvo copper mine in Portugal has been accepted as a conforming bid by the jury handling the tendering process.Up to 30 days are expected …
Trading Summary (February 20, 2004)
The Toronto Stock Exchange finished the week with a 57.16-point drop to 8,641.93 as only the health care and real e…
Metallica breaks ground at Cerro San Pedro (February 20, 2004)
Metallica Resources (MR-T) has begun building its Cerro San Pedro heap-leach gold-silver project in central Mexico.