MOST ACTIVE ISSUES, MAY 2-8
ExchgVol(000s)HighLowCloseChangeNew Blue RibV 13737 0.44 0.20 0.34 + 0.14…
News
Buffalo Hills yields low diamond count
The quantity of stones in a kimberlite find at the Buffalo Hills project in north-central Alberta is insufficient to warrant further work.A 223.3-kg sample of drill core from kimberlite K281, discover…
The Northern Miner — Small Producers Index (May 14, 2001)
50.36 (+0.60)(Sept. 30/98 = 100)…
Metal Prices (May 14, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 8May 7May 4May 3May 2Aluminium1584.50/1555…
Canadian Stock Exchange Indices (May 14, 2001)
DateMay 8May 7May 4May 3May 2HighLowTSE 3008064.208205.567981.687955.50…
Energy costs, environmental liabilities hurt Phelps Dodge
Denver — Higher energy costs forced Phelps Dodge (PD-N) to post a first-quarter loss of US$14.7 million (or 19 per share) before a pretax, non-recurring gain of US$28.9 million.The pretax gain came …
NAME CHANGES (May 14, 2001)
Fairmile Bold (fla-v) has changed its name to Fairmile Goldtech (fla-v) on a 1-new-for-10-old-share basis.Strathmore Resources (smr-v) has changed its name to Strathmore Minerals…
TSE Short Positions (May 14, 2001)
Short positions outstanding at April 30, 2001Larger individual positions include:Alcan Inc. 1,106,907 up 358,359; Algoma Steel Inc. 248,500 up 246,500; Anderson Exploration Ltd. 4,374,970…
Corriente drills deeper
Corriente Resources (CTQ-T) has tabled encouraging drill results from a 7,500-metre program at the Mirador copper prospect in southeastern Ecuador.The first batch of 13 holes yielded five intersection…
Boliden sells assets to restore strength
Financially beleaguered Boliden (BOL-T) reported a net loss of US$25.1 million (or 11 per share) for the first quarter of 2001, up from a net loss of US$18.1 million (18 per share) a year earlier.In…
GREATEST VALUE TRADED, MAY 2-8
ExchgVal($000s)HighLowCloseChangeAlcoa*N 464818 41.90 40.09 40.34 – 1.16…
Noranda hits more copper-gold at El Morro
Great results keep rolling in from the El Morro copper-gold project in north central Chile, where Noranda has been drilling as part of an earn-in agreement with owner Metallica Resources (MR-T).The la…