Exchange Rates (August 27, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAugust 21August 20August 17August 16August 15US$…
2001
Canadian Stock Exchange Indices (August 27, 2001)
DateAugust 21August 20August 17August 16August 15HighLowTSE 3007472.987525.16750…
Gitennes deals Rio Blanco (August 27, 2001)
Vancouver — London-based Monterrico Metals has inked a deal with Gitennes Exploration (GIT-T) to earn up to a 75% stake in the Rio Blanco copper property in northern Peru.To do so, Monterrico must sp…
Spot Prices Wed. August 12, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$277.25+$0.90Silver$ 4.17-$0.07Platinum$447.00+$…
Interest rate cut falls flat
Denver — Financial markets sank in response to the U.S. Federal Reserve’s latest quarter-point interest rate cut, sending the Dow Jones industrial average down 238.03 points, or 2.3%, for the report …
Magistral drilling pulls high-grade copper
Vancouver — Junior Inca Pacific Resources (IP-V) and its partner, Anaconda Peru, have completed 80% of a 14,000-metre drill program at the Magistral copper porphyry-skarn property in the South Americ…
CDNX stalls on low volume
Vancouver — Canada’s junior exchange failed to generate any excitement as all indices traded in a narrow range and on low volume. The Canadian Venture Exchange composite index added 0.08 of a point t…
GREATEST VALUE TRADED, AUGUST 15-21
ExchgVal($000s)HighLowCloseChangeAlcoa*N 408393 38.50 36.05 37.40 + 0.49…
Northern Miner Indices (August 27, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Staff Investment Policy (August 27, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Twin Mining tests boart-free kimberlite
Jackson Inlet, Nunavut — Canada’s High Arctic was a favoured destination for diamond exploration long before important discoveries were made in the southerly Lac de Gras region. Cominco (CLT-T) and D…
Barytex eyes Mantua (August 27, 2001)
Vancouver-based International Barytex Resources (IBX-V) is seeking funding for a bankable feasibility study of the Mantua copper project, 230 km west of Havana, Cuba.A technical study by Hatch Associa…