Northern Miner Indices (December 24, 2001)

NORTH AMERICAN MINING INDEX

CompanyTickerWeight (%)

Barrick GoldABX-T21.0

CamecoCO-T3.9

FalconbridgeFL-T5.1

Franco-Nevada MiningFN-T7.0

Freeport McMoRan Cop’r BFCX-N4.8

Homestake MiningHM-N7.4

IncoN-T6.9

Newmont MiningNEM-N14.0

NorandaNOR-T6.6

Phelps DodgePD-N6.6

Placer DomePDG-T12.9

Teck ComincoTEK-T3.7

SMALL PRODUCERS INDEX

CompanyTickerWeight (%)

Bema GoldBGO-T7.5

CambiorCBJ-T5.2

Coeur d’Alene MinesCDE-N3.4

Denison MinesDEN-T2.2

Eldorado GoldELD-T2.1

First Quantum MineralsFM-T6.2

First Silver ReserveFSR-T1.6

Golden Star ResGSC-T2.8

Hecla MiningHL-N7.8

High River GoldHRG-T1.7

IamgoldIMG-T14.3

Inmet MiningIMN-T5.0

Ivanhoe MinesIVN-T12.6

Miramar MiningMAE-T3.4

Namibian MineralsNMR-T1.6

Northgate ExplorationNGX-T2.5

NovicourtNOV-T4.2

Richmont MinesRIC-T1.7

Rio Narcea GoldRNG-T1.6

River GoldRIV-T2.8

SouthernEra ResourcesSUF-T5.4

Wheaton RiverWRM-T1.8

Weights current in fourth quarter, 2001