Indices in red as CDNX sings October blues
Canada’s junior exchange continued to lose ground during the 7-day report period ended Oct. 17, as all indices ended the trading session solidly in the red. The Canadian Venture Exchange (CDNX) compos…
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The Northern Miner — North American Mining Index (October 23, 2000)
62.58 (-4.60)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (October 23, 2000)
43.79 (-0.57)(Sept. 30/98 = 100)…
Spot Prices Wed. October 18, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$271.30-$1.70Silver$ 4.84-$0.05…
GOLD FUNDS (October 23, 2000)
Dynamic MutualCentral FundNet Value$12.17$5.49Price$7.25$4.99Discount40.43%…
Exchange Rates (October 23, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 17Oct. 16Oct. 13Oct. 12Oct. 11…
Staff Investment Policy (October 23, 2000)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
High oil prices trigger fund liquidation in base metals markets
The period Oct. 9-13 saw no improvement in base metals markets. After the previous week’s falls, prices continued to slide across the board as oil and stock market shocks caused further fund liquidati…
Drilling adds lustre to PNWC’s River Valley project
The latest drill results from the River Valley platinum group metals PGM prospect, near Sudbury, Ont., have induced Pacific North West Capital (PFN-V) to step up exploration.The Vancouver-based junior…
Metal Prices (October 23, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 17Oct. 16Oct.13Oct. 12Oct. 11Aluminium1492/150…
Canadian Stock Exchange Indices (October 23, 2000)
DateOct. 17Oct. 16Oct. 13Oct. 12Oct. 11HighLowTSE 30010132.561049…
El Peon meets the grade
Meridian Gold (MNG-T) has passed a banking performance test at its El Peon gold-silver mine in northern Chile. As a result, interest charges against project financing have been reduced to London Inte…