News

Gold Funds as of July 18, 2000Dynamic MutualCentral FundNet Value$12.96$5.52Price$8.2…

Though hamstrung by the chronic political instability of central Africa, London-based America Mineral Fields (AMZ-T) is nonetheless making progress at its copper-cobalt and zinc projects in the region…

Hoping to extend its operations beyond northern Ontario and into Romania, Exall Resources (EXL-T) has begun a due diligence review of the producing Barza Brad gold mine.Exall can earn an 80% interest …

Precious MetalsPrice (US$/oz.)ChangeGold$281.80-$1.05Silver$ 4.99+$0.04…

The future of Canada’s two leading nickel producers appears to be waiting on a South Sea island, where the red carpet is being rolled out by government officials and aboriginal groups anxious to make …

Two drill holes that tested the downdip extension of the Wolverine massive-sulphide deposit, on the newly acquired WOL property in the Finlayson district of the Yukon, have returned mixed results for …

A workshop organized by the United Nations Environment Programme (UNEP) and the International Council on Metals and the Environment has laid the groundwork for an international code of practice for th…

This month marks the 25th anniversary of amethyst, Ontario’s official mineral.It was on July 8, 1975, that the Mineral Emblem Act received royal assent, and, according to Tim Hudak, the province’s cur…

High prices for platinum group metals (PGMs) will continue in the short term, according to Platinum Group Metals Survey 2000, published by New York, N.Y.-based CPM Group.The survey, which summarizes d…

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 18July 17July 14July 13July 12…

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoR…

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 18/00 (change from July 11 in brackets):MetalStock(tonnes)Change…