Echo Bay improves performance
Denver — Higher gold output, offset by declining silver production, contributed to an improved first quarter for Echo Bay Mines (ECO-X).Gold production during the first three months of 2000 reached 1…
2001
The Northern Miner — North American Mining Index (May 28, 2001)
84.04 (+5.48)(Sept. 30/98 = 100)…
Cambior finally back on even keel
It’s been a turbulent year and half, but Cambior (CBJ-T) seems finally to have settled into a familiar pattern of gold production and respectable quarterly reports.Gold production attributable to the …
Producer and Dealer Prices (May 28, 2001)
Antimony: Mid-mkt US$1,245/t.Bismuth: Mid-mkt US$3.80/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$10.25-12.25/lb.Copper: Comex July US$0.7915/lb.Indium: I…
Resource indices breach 7000 mark
Vancouver — The resource indices fueled the continued bull run on Canada’s junior exchange over the holiday-shortened week ended May 22. The Canadian Venture Exchange composite index soared 100.28 po…
First Quantum eyes Kansanshi deposit
Vancouver — In keeping with its philosophy of growth through acquisition, First Quantum Minerals (FM-T) has signed a letter of intent with Phelps Dodge (PD-N) to earn an 80% stake in the Kansanshi co…
Exchange Rates (May 28, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 22May 21May 18May 17May 16US$ in C$1.5407Holiday1.53301.5358…
Market catches gold fever
Denver — The Dow Jones industrial average surged again after a brief respite, climbing 384.27 points, or 3.5%, to 11,257.24, its highest point in 15 months. The Nasdaq hit 2313.85.Spot gold on the Ne…
Canadian Stock Exchange Indices (May 28, 2001)
DateMay 22May 21May 18May 17May 16HighLowTSE 3008395.31Holiday8270.5582…
Soquem, Eastmain drill deep at Clearwater
Exploration drilling by Quebec-government-owned Soquem at Eastmain Resources’ (ER-T) Clearwater (or Eau Claire) property in Quebec’s James Bay region has extended several known gold veins at depth.The…
TSE Shorts (May 28, 2001)
Short positions outstanding at May 15, 2001Larger individual positions include:Aber Diamond Corp. 166,214 up 130,107; Alcan Inc. 1,492,230 up 385,323; Anderson Exploration Ltd. 4,697,815…
MOST ACTIVE ISSUES, MAY 16-22
ExchgVol(000s)HighLowCloseChangeKinross GoldT 302251.550.981.39+0.44…