Spot Prices Wed. December 20, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$270.20+$0.25Silver$ 4.61-$0.04Platinum$603.00-$1…
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Metal Prices (December 25, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 19Dec. 18Dec. 15Dec. 14Dec. 13Aluminium1602.50…
EXCHANGE RATES (December 25, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 19Dec. 18Dec. 15Dec. 14Dec. 13US$ in C$1.52171.52541.51761.5…
Anglo Platinum funds River Valley program
Pacific North West Capital (PFN-V) is gearing up for another round of drilling at its River Valley platinum group metals (PGM) project in Ontario’s Sudbury region.The company’s partner, Anglo Platinum…
Western markets beset by winter blahs
Vancouver — The Canadian Venture Exchange followed the major markets lower, led by a 13.2% drop in its technology sector, during the report period ended Dec. 19. The composite index dropped 138.72 po…
Dow tumbles with no rate cut
Denver — The Dow Jones industrial average slumped 183.90 points, or 1.7%, to 10,584.37 for the report period ended Dec. 19 after the hoped-for interest rate cut failed to materialize. The Nasdaq was …
MOST ACTIVE ISSUES, DEC. 13-19
ExchgVol(000s)HighLowCloseChangeWilliam ResT 19737 0.07 0.04 0.06 -0.00…
GREATEST VALUE TRADED, DEC. 13-19
ExchgVal($000s)HighLowCloseChangeAlcoa*N 572646 34.00 30.12 33.50 +1.88…
Northern Miner Indices (December 25, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….
Platexco takeover clears hurdle
The long-drawn-out takeover of platinum junior Platexco (PTX-T) by South Africa’s Impala Platinum Holdings has cleared its final regulatory hurdle and is now expected to close by year-end.In June, Imp…
Dayton to close Andacollo mine
Slumping gold prices and low production have forced Dayton Mining (DAY-T) to shut down the Andacollo mine in central Chile. The operation is held by Compania Minera Dayton, a wholly owned subsidiary.M…
From the hip
In the early 1970s, my brother Tony and I were staking fractions for Don McLeod’s Vancouver-based Northair Mines. The day was cold and damp, and we were perched high up on Sproat Mountain near Whistle…