Exchange Rates (January 15, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 9Jan. 8Jan. 5Jan. 4Jan. 3US$ in C$1.49741.49481.49781.4983…
News
Hornby Exploration expands exploration portfolio
An agreement with an industrial company paves the way for Hornby Bay Exploration (YHB-V) to acquire 8,000 ha of base metal and gold properties across Canada.In exchange for cash, shares and warrants, …
Producer and Dealer Prices (January 15, 2001)
Antimony: Mid-mkt US$1,300/t.Bismuth: Mid-mkt US$4.00/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.65-14.50/lb.Copper: Comex March US$0.825/lb.Indium: I…
Canadian Stock Exchange Indices (January 15, 2001)
DateJan. 9Jan. 8Jan. 5Jan. 4Jan. 3HighLowTSE 3008572.038671.668690.238905.658937.7811401.978304.74Mines & Minerals3799.0238…
Geomaque drills Marathon project
Geomaque Explorations (GEO-T) is gearing up to drill the Marathon palladium deposit in northern Ontario.The 3,000-metre program will expand on drilling by previous owners. Based on that earlier work, …
Camafuca study recommends mining
The partners in the Camafuca diamond project in Angola have accepted a feasibility study that says initial mining of part of the weathered kimberlite resource can be profitable.The study, provided by …
Barrick nixes option
Management of Rio Narcea Gold Mines (RNG-T) may consider alternative arrangements with Barrick Gold (ABX-T) following the collapse of a 1999 joint-venture agreement between the two companies.The senio…
NAME CHANGES (January 15, 2001)
American Manor (ANO-V) has changed its name to American Manor Enterprises (AMN-V) on a 1-new-for-2-old-share basis.Duran Gold (DRN-V) has changed its name to Duran Ventures…
Junior companies active in Quebec; Lynx
Flush with cash after a series of recent financings, several juniors with ties to Quebec are gearing up for grassroots exploration work.- McWatters Mining (MCW-T) affiliate Maude Lake Exploration (MAU…
TSE Short Positions (January 15, 2001)
Short positions outstanding at December 31, 2000Abitibi-Consolidated Inc. 1,007,500 up 777,341; Alcan Aluminium Ltd. 552,334 up 256,600; Anderson Exploration Ltd. 1,402,800 down 149,533;…
Afri-Can Minerals completes surveys in Namibia (January 15, 2001)
Montreal-based Afri-Can Marine Minerals (AFA-M), formerly known as Nora Exploration, has completed aerial and marine geophysical surveys of blocks J and B at its marine diamond concession north of Lud…
Marine miner suffers setback
NamSSol, the first-generation seabed crawler of marine diamond miner Namibian Minerals (NMR-T), was damaged while being recovered from the seabed to the support vessel MV Kovambo.NamSSol was operating…