News

Radius among few bright spots in gloomy week

Vancouver — The Canadian Venture Exchange finished the report period ended March 27 lower at 2,988.71, off 23.76 points, or 0.8%. The mining index lost 97.07 points, or 1.6%, to close at 6,074.70.Rad…



CDNX continues slide into bear territory

WESTERN MARKETVancouver — Canada’s junior exchange posted losses on all fronts during the report period ended March 20. The composite index of the Canadian Venture Exchange dropped 63.66 points, or 2…


Market unimpressed with US rate cut

In the wake of another cut in U.S. interest rates, investors north of the border knocked 3% off the Toronto broad market during the March 14-20 report period. The sell-off, which suggests that many we…


Leadville Mining gains second Mexican gold play

Denver — After picking up a gold property in Sonora, Mexico, Leadville Mining & Milling (LMMI-O) has inked a deal for a second property, in the neighbouring state of Sinaloa.The company will earn a 5…


Jay Fredericks, director of mineral policy for Saskatchewan, and Patti Colewell, communications officer, man the province's booth at the recent convention of the Prospectors & Developers Association of Canada, in Toronto.

Saskatchewan bolsters funding

To encourage mineral exploration, the Saskatchewan government will spend an additional $920,000 this year on its geoscience program.As a result, the province’s spending on geoscience will approach $3….




Ominous signs for copper, nickel

The report period March 12-16 was a poor one for base metals as turmoil in international equities markets spilled over into sharp price falls across the whole of the complex. Aluminum was hardest-hit,…



Metal Prices (March 26, 2001)

DateMarch 20March 19March 16March 15March 14BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…



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