Gitennes dumps Virgen
Junior Gitennes Exploration (GIT-T) has sold its share in the Virgen gold property in Peru. A private Peruvian company paid US$1 million and must pay another US$500,000 in the coming weeks for the pro…
News
CDNX bolstered by rate slash
Vancouver — Canada’s junior exchange rallied in light of another cut in U.S. interest rates. The resource indices led the way as the Canadian Venture Exchange composite index tacked on 31.44 points, …
Desperate Breakwater pulls plug on Nanisivik
Teetering on the brink of oblivion, Breakwater Resources (BWR-T) has decided to shut down its Nanisivik zine mine in Nunavut. The closure is scheduled for September 2002.Low zinc prices, combined with…
Thistle eyes South African assets
Thistle Mining (THT-T) is buying five underground gold mines in the Free State of South Africa. Thistle will pay US$32 million in cash, plus a monthly royalty of US$8 per oz. gold for five years.Among…
NAME CHANGES (November 12, 2001)
Zim Gold Resources (ZIM-V) has changed its name to Noise Media (NMA-V) on a 1-new-for-1-old share basis.Icelandic Gold (YCE-V) has changed its name to PGM Ventures (YPG-V)…
For a national securities commission
Even as Europe watches to see whether Euronext, the Deutsche Borse, or the London Stock Exchange will emerge as the continent’s major capital market, and even as Nasdaq and the American Exchange combi…
News – 12-NOV-01
Gold used in ‘nanolaser’
Chemists at the University of California have grown the world’s smallest laser, which is one thousand times thinner than a human hair, and gold played an integral role in the process.The infinitesimal…
Northern Miner Indices (November 12, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
MOST ACTIVE ISSUES, OCT. 31-NOV. 6
ExchgVol(000s)HighLowCloseChangeAlcoa*N874933.3631.3533.26+0.24…
LME Warehouse Levels (November 12, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 06/01 (change from Oct. 31 in brackets):MetalStock (Tonnes)ExchangeAluminium696125…
GREATEST VALUE TRADED, OCT. 31-NOV. 6
ExchgVal($000s)HighLowCloseChangeAlcoa*N29098233.3631.3533.26+0.24…