Canadian Stock Exchange Indices (October 23, 2000)
DateOct. 17Oct. 16Oct. 13Oct. 12Oct. 11HighLowTSE 30010132.561049…
2000
El Peon meets the grade
Meridian Gold (MNG-T) has passed a banking performance test at its El Peon gold-silver mine in northern Chile. As a result, interest charges against project financing have been reduced to London Inte…
NAME CHANGES (October 23, 2000)
Broker Gold Explorations Ltd. (BGE-V) has changed its name to Pacific Booker Minerals Inc. (BKM-V) on a 1-new-for-5-old-share basis.Denstone Minerals Ltd. (DSL-V) has changed its name to…
Machacala yields mixed results
Junior Gold Hawk Resources (CGK-M) has received mixed results from the final two holes sunk at its Machacala gold-silver property in Peru.The property, 40 km east of the city of Trujillo in the depar…
Romios busy at Scossa
The final seven holes of an initial 14-hole, 1,107-metre diamond drilling program by Romios Gold Resources (YRW-V) on its Scossa gold property in Pershing Cty., Nev., failed to cut the high grades enc…
Broad market losses weigh down holiday period
Despite a brief surge early on, the Toronto Stock Exchange slipped 61.52 points over the report period Oct. 4-10 to end the Thanksgiving-shortened week at 10,394.33.Resource stocks were a mixed bag, w…
Cumberland adds deposit to Meadowbank
Drilling at the Meadowbank gold project, in Nunavut, has prompted Cumberland Resources (CBD-T) to initiate a resource estimate for the newly discovered Vault zone.The zone, situated 5 km northeast of …
Consolidation, hedging dominate Denver gold show
Delegates at Mining Investment Forum 2000, sponsored by the Denver Gold Group, were in general agreement that the gold sector would benefit from further consolidation.Over the past several months, two…
Gold Funds (October 16, 2000)
Gold Funds as of Oct 5, 2000Dynamic MutualCentral FundNet Value$12.28$5.41Price$7.40…
Technology sector pulls down CDNX
A 6.5% drop in the technology sector, combined with a 1.6% slide in the mining index, pulled the Canadian Venture Exchange down during the holiday-shortened report period ended Oct. 10. The CDNX compo…
GREATEST VALUE TRADED, Oct. 4-10
ExchgVal($000s)HighLowCloseChangeAlcoa*N 612535 29.62 26.25 29.56 + 2.62…
Australia inaugurates PDAC-style convention
Australia’s mining industry has launched a major international mining convention and trade show here in the country’s banking centre.Billed with characteristic Aussie restraint as “the greatest mining…