Market slide cut short by tragedy
Denver — Bombing of the World Trade Center in New York on Sept. 11 halted trading among financial markets already battered by bad economic news. The Dow Jones industrial average fell 391.98 points (4…
2001
TSE down 5.5% in post-terror panic
The Toronto Stock Exchange, closing early Sept. 11 in the wake of the terrorist attacks in the United States, slumped drastically in the day’s financial panic to cap a week of losses in which the TSE …
Drilling program tests South Legris property
Vancouver — Partners Canadian Golden Dragon Resources (CGG-V) and Platinum Group Metals (PTG-V) have pulled more platinum-palladium values from the Vande intrusive complex on the South Legris propert…
Partners cut ribbon at Yatela mine
With production already in full swing at the Yatela gold mine in western Mali, all that remained to do was open the mine officially.Partners AngloGold (AU-N) and Iamgold (IMG-T) did that on Sept. 8, c…
Maude Lake drills Comtois
Montreal-based Maude Lake Exploration (MAU-M) has started a 4,000-metre drilling program at its 50%-held Comtois property near Lebel-sur-Quvillon, Que.The program is aimed at increasing resources in …
PacMin posts profit (September 17, 2001)
Vancouver — The subject of a $170-million take over target, Teck’s (TEK-T) Australian gold mining arm, PacMin Mining, tabled a net profit of A$7.2 million for the fiscal year ended June 30.The compan…
Markets dive after terrorist attacks
Vancouver — Canada’s junior exchange was hovering around the 3000-mark before trading was halted on Sept. 11, shortly after horrendous terrorist attacks in New York, N.Y., and Washington, D.C. The CD…
Starfield boosts West zone (September 17, 2001)
Vancouver — Undeterred by low copper and nickel prices, junior Starfield Resources (SRU-V) continues to extend the mineralization at the West zone on the Ferguson Lake nickel-copper-cobalt-PGM projec…
New zone found at Shelby (September 17, 2001)
Vancouver — Some 6.4 km northeast of the Powder Hill showing and only 12 km north of the Lac des les mine, New Millennium Metals (PGM-V) has uncovered a new platinum-palladium-gold zone on the Shelb…
Canadian Stock Exchange Indices (September 17, 2001)
DateSept. 11Sept. 10Sept. 7Sept. 6Sept. 5HighLowTSE 3007048.80…
LME Warehouse Levels (September 17, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 11/01 (change from Sept. 4 in brackets):MetalStock (tonnes)ChangeAluminium673650…
Producer and Dealer Prices (September 17, 2001)
Antimony: Mid-mkt US$1,100/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$8.85-10.25/lb.Copper: Comex Dec. US$0.657/lb.