Exchange Rates (June 18, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 12June 11June 8June 7June 6US$ in C$1.52441.51611.52101.5209…
2001
LME Warehouse Levels (June 18, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 12/01 (change from June 5 in brackets):MetalStock(tonnes)ChangeAluminium605400(+…
MOST ACTIVE ISSUES, JUNE 6-12
ExchgVol(000s)HighLowCloseChangeAlcoa*N 1190644.9839.7740.50-4.34…
Canadian Stock Exchange Indices (June 18, 2001)
DateJune 12June 11June 8June 7June 6HighLowTSE 3008094.788091.828128.378191.498194.3911401.977382.00Metals & Minerals4558.35…
Mining sector shines as CDNX slumps
Vancouver — Mining stocks were the only bright spots on Canada’s junior exchange as all other sectors slid into negative territory. The Canadian Venture Exchange composite index lost 10.28 points, or…
Boliden bows to legal pressure
Citing uncertainties associated with a lawsuit brought forth by Falconbridge (FL-T) and Noranda (NOR-T), Boliden (BOL-T) has decided to sell those companies its adjoining Lomas Bayas and Fortun…
Virginia forms alliance with Noranda (June 18, 2001)
With dozens of projects on the go, Virginia Gold Mines (VIA-T) is doing more than its share to keep exploration alive in the vast wilderness of northern Quebec. The junior is also receiving financial …
Northern Miner Indices (June 18, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
Goose Lake lays more golden eggs
Kinross Gold (K-T) has increased the size of the Goose Lake gold deposit, the largest of six comprising the George Lake project in Nunavut.Kinross can earn a 70% interest in George Lake from Wheaton R…
Boyongan gets bigger
Vancouver — Impressive drill results keep rolling in from the Boyongan copper-gold prospect at the North property…
Weda Bay advances Halmahera (June 15, 2001)
Vancouver-based Weda Bay Minerals (WDA-T) has tabled a positive prefeasibility study at its laterite nickel-cobalt…
Rhonda confirms large kimberlite body
Vancouver — The first three holes of a planned five-hole drilling campaign have cut wide zones of kimberlite from…