Market unimpressed with US rate cut
In the wake of another cut in U.S. interest rates, investors north of the border knocked 3% off the Toronto broad market during the March 14-20 report period. The sell-off, which suggests that many we…
Articles by Northern Miner Staff
MOST ACTIVE ISSUES, MAR. 14-20
Volume(000s)HighLowCloseChangeAlcoa*N…
Spot Prices Wed. March 21, 2001Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$261.20-$6.25Silver$ 4.34-$0.11…
Ominous signs for copper, nickel
The report period March 12-16 was a poor one for base metals as turmoil in international equities markets spilled over into sharp price falls across the whole of the complex. Aluminum was hardest-hit,…
PDAC outlook: diamonds and PGMs lead way in today’s marketplace
Diamonds and platinum group metals (PGMs) took centre-stage during a round-up of metals and minerals markets at the annual convention of the Prospectors & Developers Association of Canada, held recent…
Metal Prices (March 26, 2001)
DateMarch 20March 19March 16March 15March 14BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Canadian Stock Exchange Indices (March 26, 2001)
— 52-week –DateMarch 20March 19March 16March 15March 18High…
Market takes big plunge
Denver — The Dow Jones industrial average plunged 570.04 points, or 5.5%, over the report period ended March 20 to close at 9720.76, its lowest level in two years, while the Nasdaq tumbled 7.8%. Much…
PDAC showcases global mining
Delegates attending the annual convention of the Prospectors & Developers Association of Canada (PDAC) in Toronto seemed more optimistic about their industry’s prospects, despite weakness in metal pri…
Clarence Stream results buoy Freewest Resources
Freewest Resources Canada (FWR-M) reports encouraging drill results at its Clarence Stream gold property in southwestern New Brunswick.The wholly owned property, 70 km southwest of Fredericton, has so…
Fernie to host mine rescue
Fernie, B.C. will again host the North West Regional Mine Rescue Competition, scheduled for Sept. 14-15.This marks the fifth time the city has hosted the biennial competition.Teams from as far away as…
African operations bolster Crew’s earnings
Vancouver — Reflecting strong growth at its South African operations, Crew Development (CRU-T) posted net earnings of $1.41 million (or 1 per share) for the six months ended Dec. 31, 2000.The compan…