Gold Funds (April 02, 2001)
Gold Funds as of March 22, 2001Dundee Precious MetalsCentral FundNet Value$12.06$5.27Price…
News
White House rethinks land regulations
Denver — The administration of U.S. President George W. Bush has heeded pleas by the mining industry and suspended implementation of new rules that deal with hardrock mining on public land.Through th…
Miramar posts loss despite improved mining
The Con and Giant mines, operated by Miramar Mining (MAE-T), exceeded expectations during the last quarter of 2000, allowing the company to generate positive cash flow from operations despite low gold…
Taseko considers refinery for Gibraltar
Preliminary results from pilot-plant metallurgical tests have prompted Taseko Mines (TKO-V) to proceed with a feasibility study for a copper refinery that could revive the dormant Gibraltar copper min…
Cambior’s losses shrink
Emerging from a long period of restructuring, Cambior (CBJ-T) has significantly reduced the amount of red ink on its earnings statement.For the year ended Dec. 31, 2000, Cambior’s net loss was US$81.6…
TSE wipes brow after recent debacle
Easing its downward spiral of late, the broad market fell less than a point over the March 21-27 report period, to finish the week at 7,751.33.Even gold has regained its composure, trading unchanged a…
Dow makes strong comeback
Denver — The Dow Jones industrial average bounced back after a disastrous week, climbing 226.78 points, or 2.3%, to finish the report period ended March 27 at 9947.54.All this meant little to the pri…
Spot Prices Wed. March 28, 2001Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$261.20 $0.00Silver$ 4.43+$0.09…
Slumping copper typical of base metals complex
The report period March 19-23 was a mixed one for base metals, as markets were dominated by collapsing global equities values. Copper prices continued in the steep downtrend established in early March…
National Gold closes Salamandra deal
Vancouver — Having made the initial $250,000 payment required for the purchase of the Salamandra gold property in Mexico, National Gold (NGT-V) must now raise $3.6 million by Aug. 30.The junior took …
Metal Prices (April 02, 2001)
DateMarch 27March 26March 23March 22March 21BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Canadian Stock Exchange Indices (April 02, 2001)
— 52-week –DateMarch 27March 26March 23March 22March 21High…