Dow begins year on down beat
Denver — During the holiday-shortened report period Dec. 27, 2000-Jan. 2, 2001, U.S. markets showed little movement: the Dow Jones industrial average began the first trading day of 2001 down 1.3%, wh…
News
GREATEST VALUE TRADED, DEC. 27-JAN. 2
ExchgVal($000s)HighLowCloseChangeAlcoa*N 346500 34.75 31.88 32.25 -2.31…
NDT encouraged by Antana results
A first pass of drilling at the Antana gold prospect in southern Peru has returned some highly encouraging numbers for NDT Ventures (NDE-V), including 86 metres grading 1.46 grams gold per tonne.NDT t…
Flow-through share financings benefit Canuck juniors
Vancouver — Companies with Canadian projects are finding willing investors for flow-through share issues, which provide investors with tax deductions on exploration expenses.- Canabrava Diamond (CNB-…
Freeport returns Grasberg to full capacity
Denver — Freeport-McMoRan Copper & Gold (FCX-N) has returned the Grasberg mine in Indonesia to capacity.Throughput at the giant copper-gold complex, situated in Irian Jaya, had been limited to 200,00…
Storliden deposit green-lighted
Swedish-listed North Atlantic Natural Resources, in which Boliden (BOL-T) and South Atlantic Resources (SCQ-V) each own a 38% equity stake, has resolved a dispute pertaining to the environmenta…
Testing the testers
In the recent evaluation of mineral industry standards, questions were raised about the reliability of assays. Now in its fourth year, The Proficiency Testing Program — Mineral Analysis Laboratories …
Obituary: C. Carbonneau
Cme Carbonneau, founding president of the Quebec Crown corporation Soquem and a former professor of geology at cole Polytechnique in Montreal, has died. He was 77.Born in November 1923 in Sainte-Foy…
Exchange Rates (January 08, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 2Jan. 1Dec. 29Dec. 28Dec. 27US$ in C$1.4963Holiday1.50021.50…
Northern Miner Indices (January 08, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7…
Metal Prices (January 08, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 2Jan. 1Dec. 29Dec. 28Dec. 27Aluminium1566.50/1…
More diamonds reported from Destiny
Surface sampling at the Destiny diamond showing, 25 km north of Wawa, Ont., has yielded additional diamonds from a lamproite dyke.The sampling, by Pele Mountain Resources (YPN-V), recovered 42 diamond…