Trading Summary (May 14, 2001)
The Toronto Stock Exchange’s 300 composite index shed 13.67 points to close at 8,010 in quiet trading on Monday. In…
News
Assays awaited from Moose
BHP Diamonds has encountered sulphide mineralization in two holes while drilling for kimberlite on the Moose property in northeastern Manitoba.Edmonton-based New Blue Ribbon Resources (NBL-V), which c…
De Villiers to speak at meeting
Marq de Villiers, whose book Water won the 1999 Governor General’s Award for non-fiction, will speak at the joint annual meeting of the Geological Association of Canada (GAC) and the Mineralogical Ass…
CDNX continues bull run (May 14, 2001)
Vancouver — Canada’s junior exchange continued its bull run duiring the report period ended May 8, with the mining index leading the pack. The Canadian Venture Exchange composite index tacked on 69.6…
The Northern Miner — North American Mining Index (May 14, 2001)
75.04 (-1.26)(Sept. 30/98 = 100)…
MOST ACTIVE ISSUES, MAY 2-8
ExchgVol(000s)HighLowCloseChangeNew Blue RibV 13737 0.44 0.20 0.34 + 0.14…
Buffalo Hills yields low diamond count
The quantity of stones in a kimberlite find at the Buffalo Hills project in north-central Alberta is insufficient to warrant further work.A 223.3-kg sample of drill core from kimberlite K281, discover…
The Northern Miner — Small Producers Index (May 14, 2001)
50.36 (+0.60)(Sept. 30/98 = 100)…
Metal Prices (May 14, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 8May 7May 4May 3May 2Aluminium1584.50/1555…
Canadian Stock Exchange Indices (May 14, 2001)
DateMay 8May 7May 4May 3May 2HighLowTSE 3008064.208205.567981.687955.50…
Energy costs, environmental liabilities hurt Phelps Dodge
Denver — Higher energy costs forced Phelps Dodge (PD-N) to post a first-quarter loss of US$14.7 million (or 19 per share) before a pretax, non-recurring gain of US$28.9 million.The pretax gain came …
NAME CHANGES (May 14, 2001)
Fairmile Bold (fla-v) has changed its name to Fairmile Goldtech (fla-v) on a 1-new-for-10-old-share basis.Strathmore Resources (smr-v) has changed its name to Strathmore Minerals…