Trading Summary (October 15, 2001)
The Toronto Stock Exchange opened lower and stayed there on Monday, finishing 75.40 points behind its Friday close…
News
LME Warehouse Levels (October 15, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 9/01 (change from Oct. 2 in brackets):MetalStock (tonnes)ChangeAluminium718875(-…
Knut Kuhner
Prospector Knut Kuhner, who discovered the platinum group metals (PGM) deposit that later became the Lac Des les palladium mine, has died. He was 73.Born in Hamburg, Germany, Kuhner came to Port Arth…
Glamis finds financing for Marigold
Looking for financing for its Marigold Millennium project in Nevada, Glamis Gold (GLG-T) has arranged a bought deal with $40 million in gross proceeds.The financing, arranged with Research Capital, BM…
Producer and Dealer Prices (October 15, 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$8.00-9.40/lb.Copper: Comex Dec. US$0.64/lb.Indium: Indiu…
Heritage raises funds
Junior Heritage Explorations (HXL-V) has raised $300,000 by issuing 3 million treasury shares. The placement came with an equivalent number of warrants, which are exercisable at 10 apiece within the …
Sultan Minerals expands land base in BC
Vancouver — Junior Sultan Minerals (SUL-V) has added two properties to its portfolio in southeastern British Columbia.From a local prospector, the company acquired the Great Western property, which m…
De Beers to test unusual diamond occurrence at Festival
The Canadian exploration division of De Beers Consolidated Mines, now a subsidiary of Anglo American (AAUK-Q), will process a 100-tonne sample from the Cristal showing on the Festival diamond property…
Legris gets another look
A 1,000-metre drill program is testing for mineralized extentions at the Legris Lake polymetallic project near Thunder Bay, Ont.The property is split evenly between Avalon Ventures (AVL-V) and Starcor…
RJK, GLR pull values at Stares
RJK Explorations (RJX.A-V) and GLR Resources (GRS-T) have intersected base metal sulphide mineralization in two holes on their jointly held Stares property, 50 km west of Thunder Bay, Ont.The holes te…
Penoles options El Nino
Under an agreement with Toronto-based Diadem Resources (DIR-V), Mexican silver producer Industrias Peoles is earning an interest in the El Nino claim, west of the San Nicolas deposit held by Western …
TSE Short Positions (October 15, 2001)
Short positions outstanding at September 30, 2001Larger individual positions include:Agnico-Eagle. 301,984 up 65,004; Alcan Inc. 1,111,641 down 340,263; Anderson Expl. 1,106,695 up 271,66…