Exchange Rates (April 03, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMar. 28Mar. 27Mar. 24Mar. 23Mar. 22…
News
Vista continues string of losses
Vista Gold (VGZ-T) had yet another losing year in 1999, due to US$16.2 million in writedowns and lower-than-expected gold production.The company lost US$27.7 million (or 31 per share) on revenue of U…
Correction (April 03, 2000)
A report in our Feb. 28-March 5 issue implied that Trans Hex International (THI-T) will fund its 2001-fiscal-year exploration programs at the Barra Grande and Northbank diamond properties in Brazil an…
Freewest eyes Bulldozer
Junior Freewest Resources (FWR-M) will explore a new polymetallic showing at the Bulldozer property in northwestern Ontario.The Montreal-based company can earn a half-interest in the property from a p…
Smelter at Voisey’s in best interests of Inco, Nfld
Your editorial of March 20, “Tobin vs. Schulich,” causes me to write my first-ever letter to the editor of a mining publication. While the editorial position of The Northern Miner on any issue involvi…
Millennium campaign adds sparkle to De Beers Investment Commentary
Those who didn’t get a “Millennium diamond” as a New Year’s present shouldn’t sigh, moan or cast scornful looks at their absent-minded lovers. The “Millennium” marketing campaign of De Beers Consolida…
LME WHSE LEVELS (April 03, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Mar. 28/99 (change from Mar. 21 in brackets):Metal Stock(tonnes) Change…
Spot Prices (April 03, 2000)
Precious MetalsPrice (US$/oz.)ChangeGold$279.10-$10.30Silver$ 5.05-$0.09…
CDNX loses ground in wobbly week
Canada’s junior exchange lost ground during the report period ended March 28, posting a loss of 27.85 points, or 0.6%, to finish the week at 4,377.04. The mining index followed suit, dropping 44.67 po…
TSE INDICES
— 2000–DateMar. 28Mar. 27Mar. 24Mar. 23Mar. 22High…
Base metals markets lick wounds
The report period March 20-24 was disappointing for base metals markets. Prices were becalmed, volumes were low, and March 24 saw a poor close, with copper, aluminum and zinc ending the final session …
ASE Rights and Warrants
Goldcorp Inc. — Wt buys share @ $20 00 to May 13/09.Inmet Mining Corp. — Wt buys share @ $5.70 to Sep 5/00.ITEC Mineral Inc. — Wt buys sh @ $1.38 to Sep 25/02.Supplied By MS…