Trading Summary (October 30, 2001)
Investors sought refuge in the gold and pipeline sectors as a wave of red swept across the Toronto Stock Exchange o…
2001
Newmont banks on strong second half (October 29, 2001)
Vancouver — North America’s largest gold producer tabled a solid third-quarter profit on the back of improved sale…
Eldorado pays down debt (October 29, 2001)
Vancouver — With $15.4 million in bank debt and output continuing to slide at its Sao Bento gold mine in Brazil, E…
Asarco to suspend Tennessee zinc operations
Asarco, a subsidiary of Grupo Mexico, says it plans to indefinitely suspend zinc mining and processing operations a…
Nanisivik faces early closure
Zinc miner Breakwater Resources (BWR-T) has announced that due to the continued depressed metal prices the Nanisivi…
Thistle Mining eyes South African assets
Thistle Mining (THT-T) has signed a heads of agreement to acquire three companies, which own and operate five under…
Trail workers ratify four-year deal
On Saturday, employees at Teck Cominco’s (TEK-T) Trail, British Columbia, smelter complex ratified a new four-year…
Odyssey drills its Lucky Star
Odyssey Resources (YOD-V) has begun a diamond drilling campaign on it’s 250-sq.-km Lucky Star property on the Black…
Trading Summary (October 29, 2001)
The conglomerates subindex led the eleven declining subindices on the Toronto Stock Exchange on Monday with a 364.7…
Zircon prices should stabilize
The zircon market has undergone a reversal of fortune in recent years, according to The Economics of Zirconium (10th edition), published by London-based Roskill.The Asian economic crisis, followed by …
METAL PRICES (October 29, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 23Oct. 22Oct. 19Oct. 18Oct. 17Aluminium…
Millennium, PGM join forces at Lac des les
A merger between New Millennium Metals (PGM-V) and Platinum Group Metals (PTG-V) is designed to consolidate the juniors’ land positions in the Lac des les region of northwestern Ontario.The deal, whi…