Exchange Rates (September 25, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 19Sept. 18Sep. 15Sept. 14Sep. 13…
News
TSE Shorts (September 25, 2000)
Short positions outstanding at September 15, 2000Larger individual positions include: Abitibi-Consolidated Inc. 1,215,986 down 398,854; Alcan Aluminium Ltd. 871,491 down 198,392; Anderson Expl. Ltd.
CDNX posts modest gains
Canada’s junior exchange posted a modest gain as the technology and oil-and-gas sectors helped offset losses in mining. The Canadian Venture Exchange composite index tacked on 40.92 points, or 1.1%, t…
Producer and Dealer Prices (September 25, 2000)
Antimony: Mid-mkt US$1,825/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$14.60-16.20/lb.Copper: Comex Dec. US$0.9305/lb.Indium: I…
LME Warehouse Levels (September 25, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 19/00 (change from Sept. 12 in brackets):MetalStock(tonnes)Change…
EVENTS (September 25, 2000)
Oct. 6-19 Mechanized Excavation: The Next Decade Organizer: World Rock Boring Association, Sudbury, Ont. Tel: (705) 673-6572. Fax: (705) 673-6508. E-mail: bevans@nickel.laurentian.ca.
Cambior sells La Granja copper project
Montreal-based Cambior (CBJ-T) is selling its La Granja copper deposit in Peru to an unnamed buyer.At the same time, Empresa Minera del Peru (Minero Peru) announced an auction to sell its 5% net smelt…
Teck bullish on Pogo’s potential
The Pogo project in central Alaska has a gold resource estimated at 5.6 million contained ounces, and operator Teck (TEK-T) believes there is good potential for expansion.TeckGold, a newly formed, who…
Unresolved legal dispute stalls development of Verkhotina project
After spending about US$16.5 million to explore the Verkhotina diamond licence near the White Sea in northwestern Russia, Archangel Diamond (AAD-V) is unable to advance the project because of an ongoi…
Central Canada’s diamond hunt gets second wind
Diamond exploration in central Canada is getting its second wind following a number of promising developments.Although Ontario and Quebec were hopping in the mid-1990s, when financing for diamond expl…
Partners await results
In July, Guyanor Ressources (GRL.B-T) and partner Rio Tinto (RTP-N) completed a sampling program at the Dachine diamond property in French Guiana.The partners processed more than 715 tonnes of diamond…
De Beers completes Winspear deal
De Beers Consolidated Mines (DBRSY-Q) confirms that it has acquired more than 96.2% of the shares of Winspear Diamonds as the result of its $5.00-per-share takeover bid.De Beers will now invoke the co…