Trading Summary (April 08, 2002)
The oil & gas sector, up about 1.1% couldn’t counter plus-1% losses by the conglomerates, golds, techs on top of a…
News
Drilling expands La Fortuna (April 08, 2002)
Drilling on Metallica Resources’ (MR-T) El Morro copper-gold project in Chile, has extended the main La Fortuna dep…
Scorpio tables Candelaria results (April 08, 2002)
Vancouver — Scorpio Mining (SPM-V) has tabled a final compilation of all drill results from surface and undergroun…
Dianor plans precious and base metal spinoff
Laval-based junior Dianor Resources (DOR-V) plan to spin off a new exploration company focussed on precious and bas…
GREATEST VALUE TRADED, MARCH 27-APR 2
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N57521129.2026.7028.52+2.07…
Inco told to clean up houses
Ontario’s Ministry of Environment has ordered Inco to clean 25 residential properties polluted by its nickel refinery in Port Colborne.The decision is consistent with a draft order issued in October 2…
Resource stocks rally with higher Metal Prices
Buoyed partly by stronger resource stocks, the Toronto Stock Exchange 300 index ascended 136.7 points over the holiday-shortened March 27-April 2 report period to finish the week at 7,893.39.Gold soar…
Daily Metal Prices (April 08, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 2April 1March 29March 28March 27Aluminium1379…
Northern Miner Indices (April 08, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)BarrickABX-T21.9%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport BFCX.B-N5.7%GoldcorpG-T3.2%IncoN-T7.9%Meridian GoldMNG-T2.5%Newmont Minin…
BHP Billiton gives MAC the nod (April 08, 2002)
BHP Billiton (BHP-N) has approved a US$564-million plan to develop an iron ore mine at its 85%-owned Mining Area C and expand its Port Hedland port-rail facilities. Both sites are in Western Australia…
Monument Bay yields high grades
The first hole reported from an ongoing drill program at Monument Bay, Man., assayed nearly an ounce of gold over 2.35 metres. The project is shared between Wolfden Resources (YWO-V) and Bema Gold (BG…
Namibian still faced with difficulties
Last year saw Namibian Minerals (NMR-T) chalk up heavy losses as it struggled to remain afloat.In early 2001, the marine diamond miner was forced into provisional liquidation after its NamSSol seafloo…