CDNX flounders as mining index takes a hit
Canada’s junior exchange closed the week ended June 27 on a down-tick. The Canadian Venture Exchange index dropped 40.53 points, or 1.2%, to finish at 3429.90. The mining index tumbled 102.43 points, …
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Spot Prices, Wed. June 28, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$286.35-$0.25Silver$ 4.96-$0.06…
A step in the right direction
The Tulsequah Chief project is in a breathtakingly beautiful corner of northwestern British Columbia, and its scenic splendor has worked its usual magic on environmental groups, who want to see it pre…
Dufresne new MAC chairman
Guy Dufresne will replace John Carrington as chairman of the Mining Association of Canada (MAC).Dufresne is president of Quebec Cartier Mining and chairman of Montreal-based Cambior. For 20 years, he …
MOST ACTIVE ISSUES, June 21-26
ExchgVol(000s)HighLowCloseChangeWilliam ResT 36555 0.21 0.13 0.18 + 0.05…
Dow, gold waiting for Fed
The Dow Jones industrial average edged up 69.3 points to close at 10,504.46 for the report period ended June 27, as the market bided its time waiting for the U.S. Federal Reserve Board to decided whet…
GREATEST VALUE TRADED, June 21-26
ExchgVal($000s)HighLowCloseChangeAlcoa*N 444000 30.75 28.50 29.94 – 0.12…
LME Warehouse Levels (July 03, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 27/99 (change from June 20 in brackets):MetalStock(tonnes)Change…
Exchange Rates (July 03, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 27June 26June 23June 22June 21…
Besshi-type VMS deposits (Part I)
Volcanogenic massive sulphide (VMS) deposits of the Besshi type are named after deposits on the southern Japanese island of Shikoku. These deposits generally contain lower base metal concentrations th…
Northern Miner Indices (July 03, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.0ComincoCLT-T3.9FalconbridgeFL-T8.2Franco-Nevada MiningFN-T5.2Freeport McMoR…
Placer ices Las Cristinas as Crystallex plans mine
‘Thou shalt not covet thy neighbour’s mine’ is the poorest kept commandment in the mining business, though few companies are as brazen as Crystallex International (KRY-T) in breaking it. The junior re…