Exchange Rates (December 10, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 4Dec. 3Nov. 30Nov. 29Nov. 28US$ in C$1.57231.57601.57181.582…
2001
IMA cashes up for Peruvian exploration
Vancouver-based IMA Exploration (IMR-V) is looking to raise more than $1 million to fund exploration in Peru.The junior has arranged a non-brokered private placement of up to 2.7 million units priced …
Daily Metal Prices (December 10, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 4Dec. 3Nov. 30Nov. 29Nov. 28Aluminium…
CDNX posts gains in active week
Vancouver — Canada’s junior exchange entered the Christmas season on a bullish note, posting gains on all indices during the week ended Dec. 4. The Canadian Venture Exchange composite index added 15….
Producer and Dealer Prices (December 10, 2001)
Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.95-8.25/lb.Copper: Comex Mar. US$0.709/lb.Indium: Indi…
AngloGold bares its knuckles
As expected, AngloGold (AU-N) has sweetened its takeover bid for Normandy Mining (NDY-T), setting the stage for a fierce battle with rival bidder Newmont Mining (NEM-N).In mid-November, Newm…
NAME CHANGES (December 10, 2001)
Spokane Resources (SKN-V) has changed its name to SKN Resources (SRL-V) on a 1-new-for-10-old-share basis.Totem Mining (TOH-V) has changed its name to Comcorp Ventures (CV…
Falconbridge zeros in on high-grade sulphides
A high-grade base metals discovery in the Sudbury igneous complex of northern Ontario has prompted Falconbridge (FL-T) to accelerate drilling.By January, the major plans to have three rigs chasing the…
Trading Summary (December 07, 2001)
The Toronto Stock Exchange opened lower on Friday in the face of grim jobless numbers in Canada and the U.S. in Nov…
Partners surrender Duck Pond
Partners Queenston Mining (QMI-T) and Thundermin Resources (THR-T) have inked separate deals to sell their respecti…
Teck Cominco hits bonanza gold grades
Vancouver — An ongoing drill program by Teck Cominco (TEK-T) has cut impressive gold-bearing skarn mineralization…
First Point finds more gold at Filo Lapa (December 07, 2001)
Vancouver — First Point Minerals (FPX-V) has cut higher gold grades in a trenching program at its Filo Lapa zone a…