NAME CHANGES (June 11, 2001)
Golden Thunder Resources (gth-v) has changed its name to Consolidated Thunder Resources (ghg-v) on a 1-new-for-3-old-share basis.Odyssey Exploration (OEP-V) has changed its name to…
Articles by Northern Miner Staff
Orvana inks deal with Bolivia’s Comsur
A recent agreement with Bolivia’s largest mining company will provide Orvana Minerals (ORV-T) with US$18 million in cash and financing to place the Don Mario gold-silver-copper project into production…
El Morro drilling programme wraps up
Noranda (NOR-T) is encouraged by results from the last three holes drilled at the La Fortuna target, part of the El Morro copper-gold project in north-central Chile.The Toronto-based major is earning …
Canadian Stock Exchange Indices (June 11, 2001)
DateJune 5June 4June 1May 31May 30HighLowTSE 3008…
Fred Johnston
Fred Johnston, former vice-president of exploration for Canamax Exploration, has died. He was 69.Johnston completed his bachelor’s degree in geology at the University of New Brunswick in Saint John an…
Idaho Cons. drills at Stillwater
Denver — In search of the JM Reef, Idaho Consolidated Metals (IDO-V) has begun drilling at the Crescent Creek and Iron Creek targets in the Stillwater complex of southwestern Montana. Initially, the …
Globex, partners focus on Quebec Ashton gains ground in NWT
Three junior companies — Aurogin Resources (AUQ-V), Globex Mining Enterprises (GMX-T) and Sparton Resources (SPTN-V) — have acquired 32,000 ha of ground in the Wemindji area of northwestern Q…
TSE Short Positions (June 11, 2001)
Short positions outstanding at May 31, 2001Larger individual positions include:Abitibi-Consolidated 1550553 up 272483; Alcan Inc. 1646690 up 154460; Aur Resources 165744 up 153075;…
Spot Prices Wed. June 6, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$266.95-$6.70Silver$ 4.36-$0.15Platinum$585.00-$…
Exchange Rates (June 11, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 5June 4June 1May 31May 30US$ in C$1.53271.53571.53201.5457…
Producer and Dealer Prices (June 11, 2001)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.80/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.00-12.75/lb.Copper: Comex July US$0.7615/lb.Indium: I…
Data point to shrinking demand
During the report period May 28-June 1, base metals moved back to test the bottom end of their recent price ranges and, as a result, posted some large declines. Copper, aluminum and nickel all registe…