NAME CHANGES (July 16, 2001)
Conquistador Resources (CQQ-V) has changed its name to Bandera Gold Ltd. (BGL-V) on a 1-new-for-2-old-share basis.Indo Metals Ltd. (IOM-V) has changed its name to Blue Lagoon Ventur…
News
CDNX continues summer slump
Vancouver — Only the mining index was able to post a small gain over the report period July 4-10 as all other indices slumped. The Canadian Venture Exchange composite index slid 54.74 points, or 1.7%…
Doublestar eyes Standard Mining (July 16, 2001)
Vancouver — With its market capitalization falling below the listing requirements of the Toronto Stock Exchange, Standard Mining (SDM-T) has agreed to a takeover offer by junior Doublestar Resources …
Companies examine underwater volcanoes
Australian-based Neptune Resources is seeking permission from the New Zealand government to explore for high-grade massive sulphides in the Pacific Ocean.The massive sulphides are associated with hydr…
Metal Prices (July 16, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 10July 9July 6July 5July 4Aluminium1431/1459…
LME Warehouse Levels (July 16, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 10/01 (change from July 3 in brackets):MetalStock (tonnes)ChangeAluminium622475(…
Canadian Stock Exchange Indices (July 16, 2001)
DateJuly 10July 9July 6July 5July 4HighLowTSE 3007558.697640.687594.127682.977730.611…
Summer holidays keep prices suppressed
The deterioration in base metals prices continued across the board during the report period July 2-6. The only variation was the scale of price falls, which ranged from a 0.2% fall in aluminum cash pr…
Tan Range encouraged at Luhala gold project
The success of Barrick Gold’s (ABX-T) Bulyanhulu mine has been a shot in the arm for junior companies exploring properties in Tanzania’s Lake Victoria district. The senior producer recently exercised …
Analyst sees best buys at bottom of food chain
Gold analysts have watched the yellow metal’s sluggish performance for several years now, with some keeping the faith better than others. John Ing of Maison Placements Canada still ranks among the mos…
The Northern Miner North American Mining Index (July 16, 2001)
68.22 (-0.17)(Sept. 30/98 = 100)…
The Northern Miner Small Producers Index (July 16, 2001)
50.55 (-0.87)(Sept. 30/98 = 100)…