Trading Summary (May 07, 2001)
The Toronto Stock Exchange edged up 40.92 points, or 0.52%, to close at 8,022.6 on Monday. Leading the way was the…
Articles by Northern Miner Staff
Metal Prices (May 07, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 1April 30April 27April 26April 25Aluminium1560/…
Canadian Stock Exchange Indices (May 07, 2001)
DateMay 1 April 30April 27April 26April 25HighLowTSE 3007946.337946.637967.347960.327945.2711401.977382.00Metals & Minerals4703.934701.534753.074750.354650.334757.383206.56…
Ashanti triumphs in quarter
Denver — Overcoming a possible production shortfall, Ashanti Goldfields (ASL-N) posted strong results for the first quarter.Earnings totalled US$9 million (or 8 per share), compared with US$6.9 mill…
MOST ACTIVE ISSUES, APRIL 25-MAY 1
ExchgVol(000s)HighLowCloseChangeTeck Ltd BT 2107617.7015.4016.24-1.36…
MK Gold enters permitting stage at Las Cruces
With grades averaging 5.94% copper, there isn’t much doubt about the economics of Las Cruces, a copper project being developed by MK Gold (MKAU-O) in Spain’s Iberian Pyrite belt. But with memories of …
Inco to replace Port Colborne soil
Following administrative action by the Ontario Ministry of the Environment (MOE), Inco (N-T) has launched a program to replace nickel-contaminated soils on residential properties near its old refinery…
Freeport steps up environmental programs
Denver — Despite increased political and social tensions in Indonesia, Freeport-McMoRan Copper & Gold (FCX-N) is forging ahead with efforts to reduce the environmental impact of its giant Grasberg co…
Northern Miner Indices (May 07, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
Cayeli strike hits Inmet
Recovering from a 3-month strike at the Cayeli base metal mine in Turkey, Inmet Mining (IMN-T) has posted a first-quarter loss of $3.9 million on revenue of $18.2 million.The loss, 13 per share, comp…
Mining index leads charge in CDNX rally
Vancouver — Canada’s junior exchange rallied strongly over the week ended May 1, led by a triple-digit gain in the mining index. The Canadian Ventures Exchange composite index tacked on 41.94 points,…
MAP project going strong in South America
Somewhere in southwestern South America, geologists are putting together the pieces of a giant puzzle known as the Multinational Andean Project (MAP), an international map-making endeavour.The program…