News

NAME CHANGES (October 08, 2001)

Silverarrow Explorations (SVI-V) has changed its name to Aladdin Resources (ADN-V) on a 1-new-for-8-old-share basis.Quattro Resources (QRO-V) has changed its name to Aldershot Resou…


Stand-alone Fording eyed as takeover target

Fording Coal has left the broad umbrella of railway and hotel giant Canadian Pacific to become a stand-alone, publicly traded company. The new, Toronto-listed entity is now known simply as Fording (FD…


Bulls beat bears on CDNX

Vancouver — Canada’s junior exchange posted modest gains on all indices amid a high volume of trading. The Canadian Venture Exchange composite index closed the week ended Oct. 2 up 58.26 points, or 2…


PFN winds down River Valley drilling

Junior Pacific North West Capital (PFN-T) has released the final results of a fourth phase of drilling at the River Valley palladium project near Sudbury, Ont.Ninety-eight holes were sunk at the Dana …


Manitoba rehabilites abandoned mines

The Manitoba government will contribute $2 million toward the rehabilitation of abandoned mine sites.Industry, Trade and Mines will contribute $1 million over four years to cap and close off open shaf…


Colorado geoscience conference

The Colorado Geological Survey will host a geoscience conference Oct. 15-16 at the Doubletree Hotel in Durango.Discussions will focus on land-use planning, recognition and mitigation of geologic hazar…



LME Warehouse Levels (October 08, 2001)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 2/01 (change from Sept. 25 in brackets):MetalStock (tonnes)ChangeAluminium721300(+13275)Alumi…



Producer and Dealer Prices (October 08, 2001)

Antimony: Mid-mkt US$1,400/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$8.20-9.50/lb.Copper: Comex Dec. US$0.65/lb.Indium: Indiu…


Goldcorp options Confederation

A letter of intent paves the way for Goldcorp (G-T) to earn a majority interest in the Confederation project of Tri Origin Exploration (TOE-V).Situated in northwestern Ontario, the property covers 35 …


High River raises funds

Subject to regulatory approval, High River Gold Mines (HRG-T) will issue $5 million worth of covertible debentures to Sprott Securities in order to clean up its balance sheet.The non-redeemable notes,…


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