Dow Jones edges higher
The Dow Jones industrial average climbed 122.24 points, or 1.1%, during the report period ended April 11 to close at 11,287.08, as investors continued fleeing high-tech stocks on the Nasdaq.Spot gold …
News
Broad market rebounds but resource stocks mixed
Recouping over a quarter of the loss reported for the previous period, the Toronto Stock Exchange 300 index climbed 216.19 points between April 5 and April 11 to end the week at 9,358.03, or 2% higher…
Metal Prices (April 17, 2000)
DateApr. 11Apr. 10Apr. 7Apr. 6Apr. 5BASE METALS (London Metal Exchange–Midday official cash/3-month prices, US$ per tonne)…
Producer and Dealer Prices (April 17, 2000)
Antimony: Mid-mkt US$1,100/t.Bismuth: Mid-mkt US$3.95/lb.Cadmium: Mid-mkt US$0.19/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$15.45-17.40/lb.Copper: Comex May US$0.78/lb.Indium: Indi…
Drilling extends Platreef mineralization
The latest hole in an ongoing drill program at the Platreef platinum-palladium-rhodium-gold (PGM) property in South Africa has hit mineralization 200 metres along strike of the previously known zone.H…
MABC cited for school program
The Mining Association of British Columbia’s education program was selected by the Conference Board of Canada as this year’s winner of the Royal Bank Partners in Education award, the province’s top pr…
Fancamp tests Kourouba
Fancamp Exploration (FNC-V) has begun pit-sampling a promising gold-in-soil anomaly at its Kourouba property in southwestern Mali.Kourouba covers 200 sq. km of the regional Kalana greenstone belt. The…
Gold Fields inks JV deal Down Under
South African producer Gold Fields (GOLD-Q) has formed a joint venture with Tanami Gold to explore the Solitaire project in Australia’s Northern Territory.Gold Fields can earn an initial 25% interest …
Writedowns pull SouthernEra into red
Writedowns eroded what would otherwise have been a profitable year for SouthernEra Resources (SUF-T).In 1999, net losses totalled $24 million (or 90 per share) on revenue of $48 million, compared wit…
REGULAR DEPARTMENTS (April 17, 2000)
Careers6Classified15Commentary4Editorial4Investment Commentary10Letters to the Editor5Metal Prices10Metals Commentary10Professional Directory11-13Stock Tables7-9Subscription Services15…
Correction (April 17, 2000)
In our April 10 issue, we incorrectly stated that the Majistral deposit in Peru, held by Inca Pacific Resources (IP-V), has reserves of 500 million tonnes averaging 1.2% copper, 1% zinc, and 0.03% mol…
Crew acquires sulphur deposit in Philippines
In an attempt to secure a stable sulphur supply for its proposed heap pressure acid leach (HPAL) nickel laterite project on the Philippine island of Mindoro, Crew Development (CRU-T) has acquired a 10…