Metorex axes Chibuluma South
Falling copper prices and climbing processing costs have forced London-listed Metorex to pull the plug on the Chibuluma South copper mine in Zambia.The company says the high-grade deposit will be retu…
News
Masuparia cuts high grade at Greywacke property
Vancouver — Masuparia Gold (MPG-V) has kicked off a 1,000-metre drill program at its Greywacke project, 90 km northeast of La Ronge, Sask.The first hole intersected 22.9 grams gold per tonne over a t…
NAME CHANGES (October 08, 2001)
Silverarrow Explorations (SVI-V) has changed its name to Aladdin Resources (ADN-V) on a 1-new-for-8-old-share basis.Quattro Resources (QRO-V) has changed its name to Aldershot Resou…
Manitoba rehabilites abandoned mines
The Manitoba government will contribute $2 million toward the rehabilitation of abandoned mine sites.Industry, Trade and Mines will contribute $1 million over four years to cap and close off open shaf…
Colorado geoscience conference
The Colorado Geological Survey will host a geoscience conference Oct. 15-16 at the Doubletree Hotel in Durango.Discussions will focus on land-use planning, recognition and mitigation of geologic hazar…
NDT, Donner begin work at South Voisey’s Bay
Vancouver — NDT Ventures (NDE-V) and Donner Minerals (DML-V) have resumed work at their South Voisey’s Bay project in Labrador.Archeological work is under way, to be followed by gravity and electroma…
Gold majors advance amid general gloom
Bringing comfort to gold bugs everywhere, shares in gold producers lived up to their reputation as a safe-haven investment during the Sept. 26-Oct. 2 report period.In the three weeks of market turmoil…
MONTREAL-LISTED STOCKS
Note: After 127 years, the Montreal Exchange stopped trading stocks on Sept. 28, 2001. All 107 Montreal listings moved on Oct. 1, 2001, to the Canadian Venture Exchange but are retaining their ticker …
Metal Prices (October 08, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 2Oct. 1Sept. 28Sept. 27Sept. 26Aluminium…
Exchange Rates (October 08, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 2Oct. 1Sept. 28Sept. 27Sept. 26US$ in C$1.56881.57891.5…
Bulls beat bears on CDNX
Vancouver — Canada’s junior exchange posted modest gains on all indices amid a high volume of trading. The Canadian Venture Exchange composite index closed the week ended Oct. 2 up 58.26 points, or 2…
Major Drilling gains assets Down Under
Moncton, N.B.-based Major Drilling is acquiring Ausdrill’s exploration drilling operations in Queensland, Australia, and New Zealand.The purchase includes drilling equipment, as well as contracts wort…