NMA names new leader
Denver — John (Jack) Gerard will replace Richard Lawson as president and chief executive officer of the Washington, D.C.-based National Mining Association.Gerard is chairman and CEO of the firm McClu…
News
LME Warehouse Levels (November 20, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 14/00 (change from Nov. 7 in brackets):MetalStock (tonnes)ChangeAluminium326075(…
Producer and Dealer Prices (November 20, 2000)
Antimony: Mid-mkt US$1,590/t.Bismuth: Mid-mkt US$3.70/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.25-16.50/lb.Copper: Comex Dec. US$0.8275/lb.Indium: I…
Carnival eyes Philippine property
Under an agreement that is still subject to a due diligence review, Carnival Resource (CNE-V) can acquire a private company that holds rights to a mineral property in the San Fabian area of the Philip…
Liquidation increases
Metals prices showed signs of bottoming out early in the report period Nov. 6-10, but failure to break above key resistance levels brought more liquidation and short-selling on Nov. 9 and 10. Prices w…
Navigator arranges financing
Junior Navigator Exploration (NVR-V) has arranged a brokered private placement in order to finance exploration of its diamond properties in Ontario and the Northwest Territories.The financing consists…
Junior eyes nickel project
Having acquired five properties on Quebec’s North Shore, Ressources Appalaches (APP-M) plans to drill-test the ground for its nickel-cobalt-copper potential.Three of the properties are 90 km north of …
EVENTS (November 20, 2000)
Nov. 22-24 Northwest Territories 28th Annual Geoscience Forum — Organizer: N.W.T. Chamber of Mines, Yellowknife. Contact Jo Ann Tiemessen. Tel: (867) 873-5281. Fax: (867) 920-2145. E-mail: nwtmines@s…
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…
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…