Junior market weaker, but some bright spots
The Canadian Venture Exchange composite index slipped 38.3 points, or 1.2%, to finish the report period ended July 17 at 3,105.28 points. The mining index was off 81.93 points, or 1.1%, at 7,373.91.Wi…
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Placer Dome shuffles off Las Cristinas to Vannessa
While gold prices sat in a listless, US$265-per-oz. funk during the July 11-17 report period, there was a flurry of news from Canada’s biggest gold miners.Placer Dome announced an eleventh-hour deal t…
RJK, Greater Lenora uncover showing
After several years of searching for the source of high-grade polymetallic boulders, partners RJK Explorations (RJX-V) and Greater Lenora Resources (GEN-T) have uncovered a new massive sulphide occurr…
Asia Pacific revises strategy for Udon Thani project
The potash industry is dominated by a handful of producers with sufficient resources to operate for centuries to come, which partially explains why new entrants are not exactly shown the welcome mat. …
Ivanhoe finds more Mongolian metals
Exploration drilling at the Turquoise Hill project in southern Mongolia has returned more copper-gold-molybdenum porphyry for Ivanhoe Mines (IVN-T).Hole 150 bored through 590 metres (from 70 metres on…
Odds ‘n’ sods: A multi-purpose shaft
The late, great prospector John “Scotty” Skodusky of Margaree of Cape Breton Island, N.S., was a dreamer.The first day I met Skodusky, in 1961, I was still a geological sprout. I phoned him and mentio…
South Africa’s unions set to strike
The National Union of Mineworkers (NUM), the largest mining union in South Africa, and the country’s Chamber of Mines, which represents most big mining companies, are burning the midnight oil in hopes…
PEOPLE (July 23, 2001)
African Metals — Michael Bolton appointed director.Cambior — Bryan Coates appointed VP finance and CFO.Crystallex — Daniel Ross appointed executive VP corporate counsel and secretary.
***** New Story***** (July 23, 2001)
Exchange RatesCANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 17July 16July 13July 12…
Spot Prices Wed. July 18, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$268.10+$1.55Silver$ 4.24-$0.02Platinum$524.00-$…
Producer and Dealer Prices (July 23, 2001)
Antimony: Mid-mkt US$1,070/t.Bismuth: Mid-mkt US$3.75/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.20-10.00/lb.Copper: Comex Sept. US$0.719/lb.Indium: In…
MOST ACTIVE ISSUES, JULY 11-17
ExchgVol(000s)HighLowCloseChangeAlcoa*N1760841.8538.4639.39-0.11…