Seabee tops 500,000 oz.
Production at the Seabee mine in Saskatchewan’s La Ronge district has exceeded 500,000 oz., more than double that of any previous gold mine in the province. Operator Claude Resources (CRJ-T) says the …
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Exchange Rates (June 18, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 12June 11June 8June 7June 6US$ in C$1.52441.51611.52101.5209…
LME Warehouse Levels (June 18, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 12/01 (change from June 5 in brackets):MetalStock(tonnes)ChangeAluminium605400(+…
MOST ACTIVE ISSUES, JUNE 6-12
ExchgVol(000s)HighLowCloseChangeAlcoa*N 1190644.9839.7740.50-4.34…
Canadian Stock Exchange Indices (June 18, 2001)
DateJune 12June 11June 8June 7June 6HighLowTSE 3008094.788091.828128.378191.498194.3911401.977382.00Metals & Minerals4558.35…
Iamgold ponders fate of exploration projects
Recent exploration has prompted Iamgold (IAM-T) to walk away from the FSC project, in South Africa, and consider a similar action at the Moeda and Retazos projects in Brazil and Ecuador, respectively….
Inmet hits high grade at Cayeli mine in Turkey
Deep drilling by Inmet Mining (IMN-T) has returned an impressive 25.5-metre intersection grading 14.4% copper and 8.5% zinc, plus 129 grams silver per tonne, below the existing workings of the Cayeli …
Inmet options Lemoine
Toronto-based Inmet Mining (IMN-T) has optioned the Lemoine base metal property in Quebec’s Chibougamau mining camp from Loubel Exploration.To earn a 60% interest, Inmet must spend $3 million on explo…
Aur, Arizona Star hit gold in Chile
Partners Aur Resources (AUR-T) and Arizona Star Resource (AZS-V) are planning more work to test a newly discovered gold zone on the Agua de la Piedra property in northern Chile.Operator Aur, which hol…
GREATEST VALUE TRADED, JUNE 6-12
ExchgVal($000s)HighLowCloseChangeAlcoa*N48222944.9839.7740.50-4.34…
Spot Prices Wed. June 13, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$271.80+$4.85Silver$ 4.39+$0.03Platinum$574.00-$…
Boliden bows to legal pressure
Citing uncertainties associated with a lawsuit brought forth by Falconbridge (FL-T) and Noranda (NOR-T), Boliden (BOL-T) has decided to sell those companies its adjoining Lomas Bayas and Fortun…