Gartner Lee did not perform EIA
There was an error in the the article “Diavik team wins award,” in the July 9-15 issue.Under the environmental assessment act, an environmental impact assessment (EIA) is undertaken by a project propo…
News
Exall runs into trouble
Exall Resources (EXL-T) has hit a last-minute snag in its attempt to enter Romania’s petrochemical industry.The company’s US$10-million acquisition of a 53% shareholding in Oltchim, Romania’s largest …
***** New Story***** (September 03, 2001)
Exchange RatesCANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAugust 28August 27August 24August 23…
Spot Prices Wed. August 29, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$272.85-$4.40Silver$ 4.21+$0.04Platinum$465.00+$…
Gold Funds (September 03, 2001)
Gold Funds as of August 23, 2001Dundee Precious MetalsCentral FundNet Value$13.84$5.21Price$10.25$4.06…
Northern Miner Indices (September 03, 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…
LME Warehouse Levels (September 03, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 28/01 (change from Aug. 21 in brackets):Metalstock (tonnes)ChangeAluminium674575…
Producer and Dealer Prices (September 03, 2001)
Antimony: Mid-mkt US$1,005/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.25-11.00/lb.Copper: Comex Sept. US$0.691/lb.Indium: In…
Canadian Stock Exchange Indices (September 03, 2001)
DateAugust 28August 27August 24August 23August 22HighLowTS…
Rate cuts power Toronto rise
Strong gains among the interest-sensitive sectors helped move the Toronto Stock Exchange up over the period Aug. 22-28. The Bank of Canada took advantage of recent easing by the Federal Reserve Bank t…
Geomaque struggles during transition
Geomaque Explorations (GEO-T) slipped into the red during the second quarter as gold production neared its end at the San Francisco mine in Mexico.The Toronto-based junior posted a net loss of US$1.2 …
Banff takes US$71m Kasese writeoff
Following a review of the carrying value of the Kasese Cobalt operation in western Uganda, Banff Resources (BFF-V) has decided to write off the remaining book value of the project’s capital assets.Des…