News


LME Warehouse Levels (July 30, 2001)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 24/01 (change from July 17 in brackets):MetalStock (tonnes)ChangeAluminium637425…



Northern Miner Indices (July 30, 2001)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….


Tandem explores in Ungava region

Using funds provided by an American partner, Tandem Resources (TDM-M) has launched a surface exploration program at a diamond prospect at Abloviak Fiord, in the Ungava Bay region of northern Quebec.Th…


Agnico-Eagle reduces losses

Higher gold production and lower cash costs helped Agnico-Eagle Mines (AGE-T) trim its second-quarter loss to $1.1 million from $3.4 million a year earlier.The company’s LaRonde mine near Val d’Or, Qu…


Partners explore for diamonds

Having abandoned the search for elusive “prairie gold,” Tintina Mines (TTS-V) and NSR Resources (NSR-V) are exploring for diamonds on their jointly held land package in northern Alberta.The work progr…


TSE Shorts (July 30, 2001)

Short positions outstanding at July 15, 2001Larger individual positions include:Alcan Inc. 1,315,183 down 291,026; Anderson Exploration 4,625,894 down 414,100; Aur Resources 178,188 up 16…


Drilling heats up at Phuoc Son

Vancouver — Drill results from the Bai Go portion of the Phuoc Son gold property in Vietnam have expanded the high-grade core of the mineralization for partners Olympus Pacific Minerals (OYM-V), Ivan…


Tiberon expands Nui Phao

Vancouver — Junior Tiberon Minerals (TBR-V) reports that drilling at the Nui Phao polymetallic project in Vietnam has extended the mineralized zone to the southeast.Hole 38, collared southeast of a p…


Shareholders OK merger

Minority shareholders of Cominco (CLT-T) have voted overwhelmingly in favour of the company’s planned merger with parent Teck (TEK-T), and the British Columbia Supreme Court has approved the merger’s …



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