TSE Indices (May 15, 2000)
— 2000 –DateMay 9May 8…
News
Cambiex gets nod for gold project in Nunavut
With intersections of up to 65 grams gold per tonne over more than 13 metres, it’s easy to understand why mining analysts are taking a shine to the Hope Bay project in northern Nunavut, as well as to …
Tiomin forges ahead at Kwale
Armed with a positive feasibility study, Tiomin Resources (TIO-T) is seeking financing for its Kwale heavy mineral sands project, on the coast of Kenya.According to South African-based LTA Process Eng…
EVENTS (May 15, 2000)
May 14-15 Transparency Int’l Canada & Banff Centre for Management — Conference: “Corruption Challenges in The National Market Place.” Banff Centre for Management, Banff, Alta. Tel: (416) 736-5195. Fa…
Timmins vows to save headframes
Gold mining and Shania Twain have put Timmins, Ont., on the map in mining and music circles. And yet while the beat goes on for the Timmins songstress, the city’s mining heritage is being eroded by pl…
Dow drops as gold edges higher
The Dow Jones industrial average dropped 194.37 points, or 1.8%, during the report period ended May 9 to close at 10536.75.Spot gold on the Comex division of the New York Mercantile Exchange picked up…
Ken Snyder mine boosts Franco-Nevada to record year
The Ken Snyder gold mine in Nevada’s Midas district gave a major boost to the bottom line of Franco-Nevada Mining (FN-T) in its fiscal year ended March 31, 2000.The Toronto-based company posted net ea…
Franco-Nevada helps prop up sagging TSE
Hit by profit-taking, the Toronto Stock Exchange 300 index retreated 2.3%, or 215.89 points, during the May 3-9 report period. The broad market ended the week at 9,294.39.Gold climbed 20 over the per…
Metal Prices (May 15, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMay 9May 8May 5May 4Ma…
LME WHSE LEVELS (May 15, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 9/00 (change from May 2 in brackets):MetalStock (tonnes)Change…
EXCHANGE RATES (May 15, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 9May 8…
Northern Miner Indices (May 15, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick Gold…