Loonie, gold, 300 index fall in tandem
Casting a shadow over the market, sellers outpaced buyers to knock 306.95 points off the TSE 300 index during the March 28-April 3 report period. The benchmark ended the week 4% lighter, at 7,444.38.P…
News
Haileybury to open ‘rock garden’
The town of Haileybury, Ont., about 100 km northwest of North Bay, never promised the world a rose garden, but it will soon make good on its promise of a rock garden.In mid-July, the Haileybury School…
Revival planned for CanTung mine
Armed with funds provided by two end-users of tungsten, North American Tungsten (NTC-V) is aiming to revive the dormant CanTung mine in the Northwest Territories, near the Yukon border.The Vancouver-b…
Campbell, MSV, GeoNova plan merger
Three struggling juniors active in the Chibougamau region of northern Quebec — Campbell Resources (CCH-T), MSV Resources (MSV-T) and GeoNova Explorations (GNE-M) — have reached a preliminary…
NAP bumps up reserves
North American Palladium (PDL-T) has blocked out 17% more palladium ore at its Lac des les palladium mine in northwestern Ontario.The mine now boasts a reserve of 96.2 million tonnes grading 1.55 gra…
Cominco cuts output
The world’s largest zinc miner is once again curtailing production in order to take advantage of an energy crisis that has boosted the spot price of power in the western United States by almost 10 tim…
Namco calls shareholders to a vote
Namibian Minerals (NMR-T) is a step closer to raising US$15 million, having inked marketing and financing contracts with the Leviev Group of Israel.The deals, aimed at preventing the company’s liquida…
Novagold eyes Donlin deposit
Vancouver — Junior Novagold Resources (NRI-T) has inked a deal with Placer Dome (PDG-T) to earn a majority interest in the 13-million-oz. Donlin Creek gold deposit in southwestern Alaska.”Our strateg…
Canadian Stock Exchange Indices (April 09, 2001)
DateApril 3 April 2March 30March 29March 28HighLowTSE 3…
GREATEST VALUE TRADED, MAR. 28-APR. 3
ExcghVal($000s)HighLowCloseChangeAlcoa*N 479489 36.40 33.75 34.45 – 1.36…
MOST ACTIVE ISSUES, MAR. 28-APR. 3
ExchgVol(000s)HighLowCloseChangeAlcoa*N 13918 36.40 33.75 34.45 – 1.36…
Ivanhoe homes in on discovery
Ongoing exploration at a new gold discovery in South Korea has returned more encouraging results for Ivanhoe Mines (IVN-T).Ten trenches dug across one of the veins yielded 1.2-102.1 grams gold and 0.6…