Ashanti ups output in West Africa
Denver — Ashanti Goldfields (ASL-N) has posted record gold production and improved operating costs for the fourth quarter.Production topped 1.7 million oz. gold in 2000, up from 1.6 million oz. in 19…
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TSE Short Positions (February 12, 2001)
Short positions outstanding at January 31, 2001Larger individual positions include: Abitibi-Consolidated Inc. 1,724,257 up 355,553; Anderson Exploration Ltd. 2,538,879 up 542,252; Barrick Gold Corp.
Northern Miner Indices (February 12, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
EXCHANGE RATES (February 12, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 6 Feb. 5 Feb. 2 Feb. 1Jan. 31US$ in C$1.50791.50461.49361.49…
Canadian Stock Exchange Indices (February 12, 2001)
Date Feb. 6 Feb. 5 Feb. 2 Feb. 1 Jan. 31HighLowTSE 3009301.409306.059224.05928…
MOST ACTIVE ISSUES, JAN. 31-FEB. 6
ExchgVol(000s)HighLowCloseChangeAlcoa*N 22857 38.45 35.36 37.24 +1.82…
Mixed earnings polarize resource sectors
Erasing some of the gains made in the previous week, the Toronto Stock Exchange 300 index slipped 46.96 points over the Jan. 31-Feb. 6 report period to finish the week at 9,301.40.A flurry of mixed ne…
Metal Prices (February 12, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 6Feb. 5Feb. 2Feb. 1Jan. 31Aluminium1630/1605…
Oakes book has investigative flavour
Sir Harry Oakes, 1874-1943:An Accumulation of NotesBy Bob CowanHighway Book ShopCobalt, Ont. P0J 1C0Bob Cowan’s collection o…
Barrick takes US$1.1b hit against 2000 earnings
As expected, Barrick Gold (ABX-T) wrote-down the value of some of its assets by a total of US$1.1 billion to reflect the reality of lower gold prices in recent years and to prepare for the possibility…
Falco posts record earnings despite strike
Higher metal prices and increased low-cost production from its new Raglan and Collahuasi mines offset the effects of an ongoing strike at its Sudbury operations, enabling Falconbridge (FL-T) to post r…
Radius discovery advances El Tambor
Guatemala City, Guatemala — Trench-sampling over 15 sq. km of the El Tambor project in Guatemala has outlined a new gold discovery for junior Radius Exploration (RDU-V).Over the past year, the Simon …