Market takes big plunge
Denver — The Dow Jones industrial average plunged 570.04 points, or 5.5%, over the report period ended March 20 to close at 9720.76, its lowest level in two years, while the Nasdaq tumbled 7.8%. Much…
News
Expatriate steps up exploration
Vancouver — Expatriate Resources (EXR-V) will spend $3 million to advance the Finlayson polymetallic project, in the Yukon, to the final feasibility stage.The project comprises the Kudz Ze Kayah depo…
Trade war affects mining The march of folly
This newspaper really missed the Brazilian Ministry of Mines and Energy at the recent annual convention of the Prospectors & Developers Association of Canada, and not merely because we felt the absenc…
The Northern Miner — Small Producers Index
48.46 (-3.31)(Sept. 30/98 = 100)…
Radius valued for exploration strategy
Before starting an aggressive program of exploration drilling on the promising El Tambor gold project in central Guatemala, Radius Explorations (RDU-V) intends to to cash-up by way of a multi-million-…
Eastmain and Soquem boost Clearwater resource
Partners Eastmain Resources (ER-T) and Quebec-government-owned Soquem have upped the resource estimate of their jointly held Clearwater (or Eau Claire) gold property in the James Bay region of northwe…
PDAC showcases global mining
Delegates attending the annual convention of the Prospectors & Developers Association of Canada (PDAC) in Toronto seemed more optimistic about their industry’s prospects, despite weakness in metal pri…
Clarence Stream results buoy Freewest Resources
Freewest Resources Canada (FWR-M) reports encouraging drill results at its Clarence Stream gold property in southwestern New Brunswick.The wholly owned property, 70 km southwest of Fredericton, has so…
Fernie to host mine rescue
Fernie, B.C. will again host the North West Regional Mine Rescue Competition, scheduled for Sept. 14-15.This marks the fifth time the city has hosted the biennial competition.Teams from as far away as…
African operations bolster Crew’s earnings
Vancouver — Reflecting strong growth at its South African operations, Crew Development (CRU-T) posted net earnings of $1.41 million (or 1 per share) for the six months ended Dec. 31, 2000.The compan…
The Northern Miner — North American Mining Index (March 26, 2001)
70.90 (-3.84)(Sept. 30/98 = 100)…
Exchange Rates (March 26, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 20March 19March 16March 15March 14…