Newmont banks on strong second half (October 29, 2001)
Vancouver — North America’s largest gold producer tabled a solid third-quarter profit on the back of improved sale…
News
Eldorado pays down debt (October 29, 2001)
Vancouver — With $15.4 million in bank debt and output continuing to slide at its Sao Bento gold mine in Brazil, E…
Asarco to suspend Tennessee zinc operations
Asarco, a subsidiary of Grupo Mexico, says it plans to indefinitely suspend zinc mining and processing operations a…
Nanisivik faces early closure
Zinc miner Breakwater Resources (BWR-T) has announced that due to the continued depressed metal prices the Nanisivi…
Thistle Mining eyes South African assets
Thistle Mining (THT-T) has signed a heads of agreement to acquire three companies, which own and operate five under…
Trail workers ratify four-year deal
On Saturday, employees at Teck Cominco’s (TEK-T) Trail, British Columbia, smelter complex ratified a new four-year…
Odyssey drills its Lucky Star
Odyssey Resources (YOD-V) has begun a diamond drilling campaign on it’s 250-sq.-km Lucky Star property on the Black…
Trading Summary (October 29, 2001)
The conglomerates subindex led the eleven declining subindices on the Toronto Stock Exchange on Monday with a 364.7…
Westmin earns more in quarter
Westmin Resources has found a 500-ft. eastward extension to the H-W massive sulphide deposit being developed at Myra Falls on Vancouver Island.A $20-million shaft-sinking program is more than halfway …
Manhattan in talks over Tambo Grande
Vancouver — Manhattan Minerals (MAN-T) is meeting with Peruvian government officials in a move aimed at advancing the Tambo Grande massive sulphide project.The meetings, which include Mines Minister …
Exchange Rates (October 29, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 23Oct. 22Oct. 19Oct. 18Oct. 17US$ in C$1.57201.57831.57…
Spot Prices Wed. October 24, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$276.15-$5.50Silver$ 4.25-$0.13Platinum$420.00-$…