Spot Prices Wed. January 10, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$266.70-$2.30Silver$ 4.53 $0.00Platinum$637.00+$23.00…
News
Ashton closes placement
Ashton Mining of Canada (ACA-T) has topped up its treasury with the sale of just under 1.3 million units priced at 75 each. Proceeds are estimated at $940,000.Each unit consists of one flow-through s…
First Point ups stake at Cacamuya
Vancouver — Breakwater Resources (BWR-T) has decided not to participate in the next exploration program on the Cacamuya low-sulphidation gold property in southern Honduras. As a result, First Point M…
Rapu Rapu passes muster
Southeast Asia may not be attracting as much exploration interest as it once did, but that hasn’t deterred Australian-listed Lafayette Mining from advancing its Rapu Rapu polymetallic project in the P…
Copper, nickel end year with a whimper
Metals markets suffered a difficult start to 2001. Copper prices shed US$80 per tonne on their first trading day (Jan. 2), eventually bottoming out at a 6-month low, and nickel suffered its largest 1-…
KEGS offers course on diamond geophysics
The Canadian Exploration Geophysical Society (KEGS) will be offering a one-day short course entitled “Geophysical and Geochemical Imaging of Canada’s Upper Mantle” on March 10 in Toronto, the Saturday…
Virginia keeps the faith at James Bay
Prospecting and mapping by Virginia Gold Mines (VIA-T) have outlined several new gold-bearing and polymetallic structures on the junior’s extensive land package in the James Bay region of northern Que…
Pele discovers more stones
Junior Pele Mountain Resources (YPN-V) has uncovered a third diamond showing at its Festival property, near Wawa, Ont.Nine stones, seven of which represent fragments of clear-white diamonds and the ot…
MOST ACTIVE ISSUES, JAN. 3-9
ExchgVol(000s)HighLowCloseChangeAlcoa*N 23233 35.75 31.31 32.38 +0.12…
Early Round-Up in Vancouver
At the Cordilleran Round-Up, slated for Jan. 23-26 in Vancouver, B.C., delegates will study trends in corporate finance and ways to attract mineral investment to the province.In addition to finance an…
Gold Funds (January 15, 2001)
Gold Funds as of January 4, 2001Dundee Precious MetalsCentral FundNet Value$11.09$5.17Price$6.70$4.500…
Int’l Northair collects further samples from Lobos
Following the release of encouraging sample results from the Lobos gold prospect in Mexico’s Sinaloa state, International Northair Mines (INM-V) is being approached by interested parties.The property …