Anglo finances project
A unit of Anglo American (AUUK-Q) has allocated $1.1 million for ongoing work at Karmin Exploration’s (YKA-V) Aripuana massive sulphide project in Brazil’s Mato Grosso state.Previous work focused on t…
News
Intrepid drills El Zapote
Denver — Flush with cash for the Aldea El Zapote silver project in El Salvador, Intrepid Minerals (IAU-V) is moving ahead with drilling.The Toronto-based company received $530,000 in funding from Ape…
Metal Prices (June 18, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 12June 11June 8June 7June 6Aluminium1467/1487…
Shore resumes work at Star
Junior Shore Gold (SGF-V) has resumed drilling on its wholly owned Star kimberlite property, 60 km east of Prince Albert, Sask.The 7-hole program is designed to increase the level of confidence in the…
Broad market takes it on the chin
Weighed down by a sagging industrial products sector, the Toronto Stock Exchange 300 index slipped 164.04 points over the June 6-12 report period. The broad market ended the week at 8,094.78.Gold gain…
Seabee tops 500,000 oz.
Production at the Seabee mine in Saskatchewan’s La Ronge district has exceeded 500,000 oz., more than double that of any previous gold mine in the province. Operator Claude Resources (CRJ-T) says the …
Staff Investment Policy (June 18, 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…
Exchange Rates (June 18, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 12June 11June 8June 7June 6US$ in C$1.52441.51611.52101.5209…
LME Warehouse Levels (June 18, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 12/01 (change from June 5 in brackets):MetalStock(tonnes)ChangeAluminium605400(+…
MOST ACTIVE ISSUES, JUNE 6-12
ExchgVol(000s)HighLowCloseChangeAlcoa*N 1190644.9839.7740.50-4.34…
Canadian Stock Exchange Indices (June 18, 2001)
DateJune 12June 11June 8June 7June 6HighLowTSE 3008094.788091.828128.378191.498194.3911401.977382.00Metals & Minerals4558.35…
Mining sector shines as CDNX slumps
Vancouver — Mining stocks were the only bright spots on Canada’s junior exchange as all other sectors slid into negative territory. The Canadian Venture Exchange composite index lost 10.28 points, or…