Exchange Rates (November 05, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 30Oct. 29Oct. 26Oct. 25Oct. 24US$ in C$1.57831.57461.57521.5…
2001
Producer and Dealer Prices (November 05, 2001)
Antimony: Mid-mkt US$1,400/t.Bismuth: Mid-mkt US$3.50/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.30-8.25/lb.Copper: Comex Dec. US$0.625/lb.Indium: Indi…
Quaterra tables Union Bay drill results
Vancouver — A 4-hole drill program at the Union Bay project in Alaska has returned narrow zones of platinum-palladium mineralization.Quaterra Resources (QTA-V) reports that the first two holes of the…
Canadian Stock Exchange Indices (November 05, 2001)
DateOct. 30Oct. 29Oct. 26Oct. 25Oct. 24HighLowTSE 3006825.416896.347004.926943.696896.93…
Riddarhyttan picks up property in Finland
Swedish-based and -listed Riddarhyttan Resources has expanded its land package in northern Finland by acquiring the Iso-Kuotko property immediately north of its Suurikuusikko gold deposit.Iso-Kuotko, …
Starfield, Far West lead gainers
Vancouver — Canada’s junior exchange posted gains in the resource sector but not enough to keep the composite index from wallowing. The Canadian Venture Exchange composite index dropped 6.2 points, o…
Placer buoyed by Getchell writedown
The most heavily traded company on the Toronto Stock Exchange during the Oct. 24-30 report period was Placer Dome, which jumped $1.40 to $18.25 as investors applauded the company for “facing reality” …
Newmont banks on strong second half (November 05, 2001)
Vancouver — North America’s largest gold producer has tabled a solid third-quarter profit on the back of improved sales and a strong contribution from its Batu Hijau copper-gold mine in Indonesia.New…
NovaGold hits highest grades yet at Donlin
Vancouver — California-based NovaGold Resources (NRI-T) continues to pull high-grade intercepts from the Acma zone of the Donlin Creek deposit in Alaska.Situated 480 km west of Anchorage, Donlin Cree…
Lupin looks to longer life despite poor market
When Echo Bay Mines (ECO-T) closed the Lupin mine in Nunavut in early 1998, few were taken by surprise. After all, the remote underground operation — difficult to reach and getting deeper every year …
Roros yields mixed results
Exploration drilling at the Roros zinc project in central Norway has returned mixed results for Crew Development (CRU-T).The Vancouver-based company sank 21 shallow holes totalling 1,788 metres in thr…
Muskox leaves Lonmin at the altar
Vancouver – Muskox Minerals (MSK-V) has dropped plans to form a joint venture with British-based platinum producer…