Metals hang on to recent gains
During the report period May 21-25, the major metals traded on the London Metal Exchange (LME) held onto gains that had been made in the previous week. In terms of cash price performance, copper was t…
News
REGULAR DEPARTMENTS (June 04, 2001)
CareersClassifiedCommentaryDrillersEditorialFacts ‘N’ FiguresInvestment CommentaryLetter to the EditorMetal PricesMetals CommentaryProfessional DirectoryStock TablesSubscription Services…
Crew advances Nalunaq project
Having confirmed the high-grade nature of its 67%-owned Nalunaq gold project in South Greenland, Crew Development (CRU-T) is proceeding with a $28.7-million private placement in order to finance furth…
Gold Funds (June 04, 2001)
Gold Funds as of May 24, 2001Dundee Precious MetalsCentral FundNet Value$14.21$5.59Price$10.10$5.18…
News – 04-JUN-01
The Northern Miner — North American Mining Index (June 04, 2001)
80.42 (-3.62)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (June 04, 2001)
56.86 (-0.48)(Sept. 30/98 = 100)…
NAME CHANGES (June 04, 2001)
Quinto Mining (QU-V) has changed its name to Quinto Technology (QU-V) on a 1-new-for-1-old-share basis.Wamco Resources (WAM-V) has changed its name to Wamco Technology Group…
Southern Rio tops up treasury
Vancouver-based Southern Rio Resources (SNZ-V), which is in the midst of drilling at its Santo Tomas copper-molybdenum porphyry prospect in northern Chile, has closed a private placement of 2.7 millio…
Guyana issues units
Guyana Goldfields (YGI-V) is attempting to raise $150,000 in a non-brokered private placement of 385,000 units.A unit consists of a share and half a warrant. A full warrant entitles the holder to buy …
Producer and Dealer Prices (June 04, 2001)
Antimony: Mid-mkt US$1,130/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$0.767/lb.Indium: In…
Cumberland gets nod for exploration upside
Despite considerable exploration success at two gold projects in Nunavut, Cumberland Resources (CBD-V) is trading at a 5-year low of 80, down even from its 52-week high of $1.55. Graeme Currie, analy…