Trading Summary (May 08, 2001)
The Toronto Stock Exchange gained 41.6 points to close at 8,064.2 on Thursday after higher-than-expected U.S. labou…
News
SWG cranks up exploration
Vancouver — With several of its joint-venture partners gearing up to test a number of projects in Peru, the second…
Viceroy misses Bounty payments
Vancouver — Last year was another tough one for mid-tier gold producer Viceroy Resources (VOY-T), which reported a…
Orezone tests Sadiola neighbour
Ottawa-based junior Orezone Resources (ORZ-T) has begun a program of trenching and pitting on the recently optioned…
Beaufor sinks Aurizon’s quarter
Lower realized gold prices and the suspension of operations at the Beaufor gold mine in northwestern Quebec took a…
Elbow Lake program under way
Vancouver — A $250,000 financing is paving the way for Denstone Ventures (DST-V) to start exploring the North Elbo…
Cobalt study to go ahead
The U.S. Department of Agriculture’s Forest Service (USFS) will proceed with the preparation of an environmental im…
Trading Summary (May 07, 2001)
The Toronto Stock Exchange edged up 40.92 points, or 0.52%, to close at 8,022.6 on Monday. Leading the way was the…
Northern Miner Indices (May 07, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
Metal Prices (May 07, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 1April 30April 27April 26April 25Aluminium1560/…
Freeport steps up environmental programs
Denver — Despite increased political and social tensions in Indonesia, Freeport-McMoRan Copper & Gold (FCX-N) is forging ahead with efforts to reduce the environmental impact of its giant Grasberg co…
Placer Dome unveils value-creation strategy
Low prices have forced most gold companies to focus on their bottom line rather than on top-line growth, and Placer Dome (PDG-T) is no exception. Although this strategy produced record revenue of US$1…