Rockwell drops Pedra Branca
Denver — Rockwell Ventures (RCW-V) has dropped the Pedra Branca platinum-palladium project in northeastern Brazil after drilling failed to return satisfactory results.Rockwell was earning a 60% inter…
News
Delays at Bounty mine hamper Viceroy
Vancouver — A low gold price combined with high operating costs resulted in another quarterly loss for Viceroy Resource (VOY-T) during the three months ended March 31.The company posted a net loss of…
Data point to shrinking demand
During the report period May 28-June 1, base metals moved back to test the bottom end of their recent price ranges and, as a result, posted some large declines. Copper, aluminum and nickel all registe…
Producer and Dealer Prices (June 11, 2001)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.80/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.00-12.75/lb.Copper: Comex July US$0.7615/lb.Indium: I…
Exchange Rates (June 11, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 5June 4June 1May 31May 30US$ in C$1.53271.53571.53201.5457…
Spot Prices Wed. June 6, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$266.95-$6.70Silver$ 4.36-$0.15Platinum$585.00-$…
TSE Short Positions (June 11, 2001)
Short positions outstanding at May 31, 2001Larger individual positions include:Abitibi-Consolidated 1550553 up 272483; Alcan Inc. 1646690 up 154460; Aur Resources 165744 up 153075;…
Globex, partners focus on Quebec Ashton gains ground in NWT
Three junior companies — Aurogin Resources (AUQ-V), Globex Mining Enterprises (GMX-T) and Sparton Resources (SPTN-V) — have acquired 32,000 ha of ground in the Wemindji area of northwestern Q…
Idaho Cons. drills at Stillwater
Denver — In search of the JM Reef, Idaho Consolidated Metals (IDO-V) has begun drilling at the Crescent Creek and Iron Creek targets in the Stillwater complex of southwestern Montana. Initially, the …
Fred Johnston
Fred Johnston, former vice-president of exploration for Canamax Exploration, has died. He was 69.Johnston completed his bachelor’s degree in geology at the University of New Brunswick in Saint John an…
Canadian Stock Exchange Indices (June 11, 2001)
DateJune 5June 4June 1May 31May 30HighLowTSE 3008…
El Morro drilling programme wraps up
Noranda (NOR-T) is encouraged by results from the last three holes drilled at the La Fortuna target, part of the El Morro copper-gold project in north-central Chile.The Toronto-based major is earning …