DRC’s drilling tests resource below pit at Afton
Six months of drilling from the floor of the Afton open pit, 10 km west of Kamloops, B.C., has — predictably enough — delivered a substantial copper and precious metal resource to owner DRC Resource…
News
Exploration spending declines
Total spending allocated for worldwide exploration of nonferrous metals increased steadily from 1993 to 1997, when it peaked at an estimated US$5.2 billion, according to Halifax, N.S.-based Metals Eco…
Exchange Rates (November 20, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 14Nov. 13Nov. 10Nov. 9Nov. 8US$ in C$1.5446Holiday1.54551.54…
Canadian Stock Exchange Indices (November 20, 2000)
DateNov. 14Nov. 13Nov. 10Nov. 9Nov. 8HighLowTSE 3009265.299115.05…
Market awaits election outcome
Denver — The Dow Jones industrial average fell 271.12 points, or 2.5%, to 10,681.06 for the period ended Nov. 14, owing to uncertainty and confusion surrounding the U.S. presidential election.However…
Drilling resumes at Tambo Grande
Manhattan Minerals (MAN-T) has resumed drilling of the B-5 massive sulphide body at its Tambo Grande project in northern Peru.The program will determine the extent of a high-grade copper zone discover…
Cross Lake active near Timmins
Vancouver-based Cross Lake Minerals (CRN-V) is carrying out soil sampling at its Sheraton zinc-silver property, in Timmins, Ont.The program follows the recent discovery of several geophysical anomalie…
Corriente focuses on Equadoran properties
Vancouver — Having thinned out its portfolio of Argentine properties and put its Tasna bismuth mine, in Bolivia, up for sale, Corriente Resources (CTQ-T) is focusing its exploration efforts on the Co…
Cancor finds new zone
The discovery of a new copper-zinc-silver-gold zone has Cancor Mines (KCR-M) optimistic that ongoing work will enhance the potential of its Gemini property in the Abitibi region of Quebec.The discover…
MOST ACTIVE ISSUES, NOV. 8-14
ExchgVol(000s)HighLowCloseChangeAlcoa*N 11928 29.44 27.56 28.88 -0.12…
GREATEST VALUE TRADED, NOV. 8-14
ExchgVal($000s)HighLowCloseChangeAlcoa*N 344438 29.44 27.56 28.88 -0.12…
Bema gets squeezed by senior partners
Although gold prices remained below US$267 per oz. during the Nov. 8-15 report period, there was a steady stream of news from both major and junior gold companies.Down 5 to 41, Vancouver-based Bema …