Vannessa bucks downward trend
Gripped by the summer doldrums, the Canadian Venture Exchange composite index dropped 31.58 points, or 1%, to finish the report period ended July 24 at 3,073.7. The mining index remained relatively un…
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Gold stocks rise on prospect of strike in SA
Rocked by more dire warnings from the high-tech sector, the Toronto Stock Exchange 300 index tumbled 107.62 points during the July 18-24 report period to land at 7586.51.Gold climbed $1.15 over the pe…
The Northern Miner — North American Mining Index (July 30, 2001)
71.36 (+1.42)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (July 30, 2001)
48.28 (-1.71)(Sept. 30/98 = 100)…
MOST ACTIVE ISSUES, JULY 18-24
ExchgVol(000s)HighLowCloseChangeAlcoa*N1452542.0036.6037.23-2.16…
LME Warehouse Levels (July 30, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 24/01 (change from July 17 in brackets):MetalStock (tonnes)ChangeAluminium637425…
GREATEST VALUE TRADED, JULY 18-24
ExchgVal($000s)HighLowCloseChangeAlcoa*N54078142.0036.6037.23-2.16…
Northern Miner Indices (July 30, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….
Tandem explores in Ungava region
Using funds provided by an American partner, Tandem Resources (TDM-M) has launched a surface exploration program at a diamond prospect at Abloviak Fiord, in the Ungava Bay region of northern Quebec.Th…
Agnico-Eagle reduces losses
Higher gold production and lower cash costs helped Agnico-Eagle Mines (AGE-T) trim its second-quarter loss to $1.1 million from $3.4 million a year earlier.The company’s LaRonde mine near Val d’Or, Qu…
Partners explore for diamonds
Having abandoned the search for elusive “prairie gold,” Tintina Mines (TTS-V) and NSR Resources (NSR-V) are exploring for diamonds on their jointly held land package in northern Alberta.The work progr…
TSE Shorts (July 30, 2001)
Short positions outstanding at July 15, 2001Larger individual positions include:Alcan Inc. 1,315,183 down 291,026; Anderson Exploration 4,625,894 down 414,100; Aur Resources 178,188 up 16…