De Beers sizes up pipes near James Bay
While it awaits results from bulk sampling on the Victor kimberlite pipe in the James Bay Lowlands of northern Ontario, De Beers Consolidated Mines (DBRSY-Q) is anticipating the likelihood of performi…
News
Canadian Stock Exchange Indices (October 30, 2000)
DateOct. 24Oct. 23Oct. 20Oct. 19Oct. 18HighLowTSE 30010352.1010472.9610485.2010231.639926.7811401.976996.02Mines & Minerals3328.303270.3632…
Exchange Rates (October 30, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 24Oct. 23Oct. 20Oct. 19Oct. 18…
Expatriate, Nordac among most promising Yukon explorers
Exploration activity in most parts of Canada has plummeted in recent years, and the Yukon is no exception. Nonetheless, there are still a few brave hearts with staying power, and they’re managing to f…
Juniors flock to Alaska for PGMs
Although most of the activity by junior companies in Alaska has been for gold, exploration for platinum group elements is decidedly on the upswing.In the late 1990s, when the price of platinum and pal…
Luscar puts Cheviot on back burner
Construction of the Cheviot mine, near Hinton, Alta., has been postponed after several letters of intent to buy coal from the operation expired, says 50%-owner Luscar.Several Japanese steel mills had …
MOST ACTIVE ISSUES, Oct. 18-24
ExchgVol(000s)HighLowCloseChangeAlcoa*N 18049 25.62 23.19 24.94 – 1.06…
Miners hit new lows
The Dow Jones industrial average climbed back 303.36 points, or 3%, to close at 10,393.07 for the report period ended Oct. 24, after a difficult previous week.Spot gold on the New York Mercantile Exch…
Alcan completes merger
The long-awaited merger between Montreal-based Alcan Aluminum and the Alusuisse Lonza Group (Algroup) of Switzerland has been completed, with both companies agreeing to an exchange of shares.The origi…
CDNX gains momentum
Canada’s junior exchange posted gains as all indices ended up in the black at the close of the report period Oct 18-24. The Canadian Venture Exchange composite index added 45.48 points, or 1.4%, to it…
Spot Prices Wed. October 25, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$269.30-$3.70Silver$ 4.78-$0.11…
Metal Prices (October 30, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 24Oct. 23Oct.20Oct. 19Oct. 18Aluminium1496/151…