Three junior companies — Aurogin Resources (AUQ-V), Globex Mining Enterprises (GMX-T) and Sparton Resources (SPTN-V) — have acquired 32,000 ha of ground in the Wemindji area of northwestern Q…
Short positions outstanding at May 31, 2001Larger individual positions include:Abitibi-Consolidated 1550553 up 272483; Alcan Inc. 1646690 up 154460; Aur Resources 165744 up 153075;…
Precious MetalsPrice (US$/oz.)ChangeGold$266.95-$6.70Silver$ 4.36-$0.15Platinum$585.00-$…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 5June 4June 1May 31May 30US$ in C$1.53271.53571.53201.5457…
Antimony: Mid-mkt US$1,125/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$11.00-12.75/lb.Copper: Comex July US$0.7615/lb.Indium: I…
During the report period May 28-June 1, base metals moved back to test the bottom end of their recent price ranges and, as a result, posted some large declines. Copper, aluminum and nickel all registe…
Vancouver — A low gold price combined with high operating costs resulted in another quarterly loss for Viceroy Resource (VOY-T) during the three months ended March 31.The company posted a net loss of…
Denver — Rockwell Ventures (RCW-V) has dropped the Pedra Branca platinum-palladium project in northeastern Brazil after drilling failed to return satisfactory results.Rockwell was earning a 60% inter…
Vancouver-based Sultan Minerals (SUL-V) has launched an exploration program at the Kena gold property, near Nelson in southeastern British Columbia. Work is focused on the Gold Mountain zone discovery…
An independent study envisages an open-pit operation employing conventional processing techniques at the Thunderbox gold project in Western Australia. Accordingly, LionOre Mining (LIM-T) and Dalrymple…
Having received regulatory approval, First Quantum Minerals (FM-T) is proceeding with an equity financing of 4.6-7.6 million treasury shares.The shares, priced at $4.05 apiece, are being offered in On…
The Canadian Venture Exchange composite index tacked on 32.13 points, or 0.9%, to close the week ended June 5 at 3322.54. The mining index added 83.83 points, 1.2%, to its value and finished at 7228.1…
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