EXCHANGE RATES (January 22, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)b>DateJan. 16Jan. 15Jan. 12Jan. 11Jan. 10US$ in C$…
2001
Apex eyes power source for San Cristobal
Denver — Apex Silver Mines (SIL-X) is in the final stages of selecting a power supplier for the US$430-million San Cristobal silver-zinc project in Bolivia.The company has called for proposals from s…
Canadian Venture Exchange breaks 3000
Vancouver — Canada’s junior exchange broke through the 3000 mark during the report period ended Jan. 16, riding on the back of resource-related issues. The Canadian Venture Exchange composite index t…
Cambior streamlines debt load
After more than a year of twists and turns, Cambior (CBJ-T) has finally completed an extensive restructuring, shedding most of its non-gold assets and streamlining its debt load and hedge book.The res…
Miners left out of market bounce
During the report period ended Jan. 16, the Toronto Stock Exchange mounted a modest recovery from the previous week, adding 171.97 points to close at 8,744. But the base metals, which had largely esca…
Freewest, Sparton persevere at Folson Lake PGM property
Partners Freewest Resources (FWR-M) and Sparton Resources (YSP-V) will begin another round of drilling at their Folson Lake platinum group metals (PGM) property, near Sudbury, Ont.Folson Lake covers 3…
GREATEST VALUE TRADED, JAN. 10-16
ExchgVal($000s)HighLowCloseChangeAlcoa*N 407167 33.56 30.62 33.56 +1.18…
Canadian Stock Exchange Indices (January 22, 2001)
— 52-week –DateJan. 16Jan. 15Jan. 12Jan. 11Jan. 10HighLow…
Metal Prices (January 22, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 16Jan. 15Jan. 12Jan. 11Jan. 10Aluminium1597/15…
Anaconda exercises Magistral option
Vancouver — Having completed an internal scoping study of Inca Pacific Resources’ (IP-V) Magistral porphyry-skarn project in northern Peru, Anaconda Peru is continuing its exploration effort.As part …
Ventersdorp study under way
In preparation for their proposed merger, Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have initiated a prefeasibility study at the latter’s Ventersdorp diamond project in South Afri…
Corriente confirms copper core at Panantza project
Vancouver — The final results from a 17-hole drill program targeting the Panantza porphyry system in southern Ecuador has junior Corriente Resources (CTQ-T) considering a stand-alone operation.Previo…