Trading Summary (April 30, 2001)
The Toronto Stock Exchange fell 20.74 points to 7,946.6 on Monday. Leading the four advancing subindexes was the In…
Articles by Northern Miner Staff
TSE Shorts (April 30, 2001)
Short positions outstanding at April 15, 2001Larger individual positions include:Agnico-Eagle Mines Ltd. 290,530 up 118,218; Alcan Inc. 748,548 down 343,949; Anderson Exploration Ltd. 4,7…
MOST ACTIVE ISSUES, APRIL 18-24
ExchgVol(000s)HighLowCloseChangeAlcoa*N2653141.4038.2539.96+1.78…
GREATEST VALUE TRADED, APRIL 18-24
ExchgVal($000s)HighLowCloseChangeAlcoa*N106020741.4038.2539.96+1.78…
Spot Prices Wed. April 18, 2001 (April 30, 2001)
Precious MetalsPrice (US$/oz.)ChangeGold$263.95+$3.85Silver$ 4.44+$0.12Platinum$606.00-$…
The Northern Miner — North American Mining Index (April 30, 2001)
72.49 (+1.43)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (April 30, 2001)
47.90 (+1.34)(Sept. 30/98 = 100)…
Interest payments take toll on Northgate
Vancouver — Despite higher production and lower cash operating costs at its Kemess mine in northern British Columbia, Northgate Exploration (NGX-T) used red ink on its 2000 balance sheet.The company …
Final bells ring on takeovers
Sherritt International (S-T) and the Labrador Iron Ore Royalty Income Fund (LIF.UN-T) emerged victorious in the industry’s two most recent takeover battles.Sherritt and its partner, the Ontario Teache…
Strike clips Falco’s wings
The good times did not last long for Falconbridge (FL-T), which barely squeaked out a profit in the first quarter.Pinning the blame on falling metal prices, a strike in Sudbury and production difficul…
IMA aims drills at Argentine gold prospect
Vancouver — IMA Exploration (IMR-V) is advancing the Mogote copper-gold property in northwestern Argentina, following recent reconnaissance work.The 80-sq.-km property is 70 km north of the Pascua an…
Greed drives ‘self-financing’ war Vultures descend on DRC
It has become trendy to blame globalization and the “corporate agenda” for the world’s ills, but when it comes to human misery, even the vilest industry captain would be left in the dust by some of th…