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…
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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-$0.11…
Metal Prices (March 26, 2001)
DateMarch 20March 19March 16March 15March 14BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ 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…
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…
New faces grace Wheaton River’s board
Denver — A restructured board of directors and a $5.5-million private placement are designed to boost the financial prospects of Wheaton River Minerals (WRM-T).The private placement is with Endeavor …
Orezone ties on to Sadiola
Ottawa-based Orezone Resources (ORZ-T) has picked up an option on the Kantela property, which adjoins the producing Sadiola Hill gold mine in western Mali.The deal, with a private syndicate, gives the…
Ontario unveils map database
A database financed by the Ontario government promises to improve access to information about mining lands tenure.CLAIMaps II provides information and maps via the Internet, and, as its name implies, …