The Northern Miner — North American Mining Index (May 07, 2001)
76.30 (+3.81)(Sept. 30/98 = 100)…
News
The Northern Miner — Small Producers Index (May 07, 2001)
49.76 (+1.86)(Sept. 30/98 = 100)…
Franco has banner year
For a company whose principal assets are unhedged gold royalties, Franco Nevada Mining (FN-T) had an unusually good year ended March 31.The Toronto-based royalty company turned a $113.4-million profit…
Majors option Tucum target
Majors Teck (TEK-T) and Inco (N-T) will jointly explore the Tucum iron-oxide copper-gold project in north-central Brazil.The pair can earn an initial combined 51% interest in the property from Brasilc…
MK Gold enters permitting stage at Las Cruces
With grades averaging 5.94% copper, there isn’t much doubt about the economics of Las Cruces, a copper project being developed by MK Gold (MKAU-O) in Spain’s Iberian Pyrite belt. But with memories of …
Gold price might rise: survey
There is a growing possibility that the price of gold will break out of the US$256-to-$273-per-oz. range witnessed in the first quarter, according to Gold Survey 2001, published by U.K.-based Gold Fie…
Sideways-trading takes hold
Although several positive fundamental factors emerged from the U.S. during the report period April 23-27, these were offset by negative ones worldwide, such as weakening fundamentals in the Asian regi…
Spot Prices Wed. MAY 2, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$265.00+$1.05Silver$ 4.39-$0.05Platinum$603.00-$…
MOST ACTIVE ISSUES, APRIL 25-MAY 1
ExchgVol(000s)HighLowCloseChangeTeck Ltd BT 2107617.7015.4016.24-1.36…
Exchange Rates (May 07, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 1April 30 April 27April 26April 25US$ in C$1.53381.53561.5417…
Market rally gathers steam
Denver — The Dow Jones industrial average chugged ahead, gaining 444 points, or 4.2%, in the April 25-May 1 report period to close at 10,898.34, its highest point since mid-February.Most issues were …
Golds picking up in quiet market
The report period ended May 1 was a quiet one for the Toronto Stock Exchange, with the TSE 300 composite index up fractionally at 7,946.33 points for a gain of 54.66 points, or 0.7% of value.What was …