News
Juniors keep busy as gold slips below US$270
Gold stepped back into the spotlight during the Nov. 1-7 report period, as the Bank of England auctioned another 804,000 oz. (25 tonnes) at an allotment price of US$264.30 per oz.While the amount offe…
Philex results leave CDNX cold
Vancouver — Led by gains in its three main sectors, the composite index of the Canadian Venture Exchange edged up 20.45 points during the report period ended Nov. 7 to close 0.6% higher at 3,275.18. …
Positive sentiments return to zinc
The report period Oct. 30-Nov. 3 was an encouraging one for base metals markets, with signs of stability returning after recent large losses. Although copper, aluminum and tin registered further small…
The Northern Miner — North American Mining Index (November 13, 2000)
68.65 (+1.42)(Sept. 30/98 = 100)…
GREATEST VALUE TRADED, Oct. 25-31
ExchgVal($000s)HighLowCloseChangeAlcoa*N 708828 29.06 24.06 28.69 + 3.75…
Pacific Rim drops Luicho
Following the completion of 42 drill holes and with a November payment of US$400,000 looming, Pacific Rim Mining (PFG-T) has nixed its option to buy the high-profile Luicho gold project in southern Pe…
Check-sampling yields low values from ‘high-grade’ project
Check-sampling by Brett Resources (BRN-V) has returned low gold values from previously reported “high grade” areas at the Victoria project in northern Bolivia, near the Peruvian border.The junior bega…
Cambior gains extension
Financially beleaguered Cambior (CBJ-T) has been granted another one-month extension to submit an arrangement to repay or refinance the balance of its bank loan by the end of 2000. The company now has…
Producer and Dealer Prices (November 06, 2000)
Antimony: Mid-mkt US$1,630/t.Bismuth: Mid-mkt US$3.70/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$15.00-16.80/lb.Copper: Comex Dec. US$0.8485/lb.Indium: I…
Regulators penalize Schillers
The British Columbia Securities Commission has banned the former president of The Quinto Mining Corp. (QU-V) and his wife from capital markets for 15 years and levied fines of $50,000 against the pair…
Silver catalysts improve products
Silver catalysts are used to eliminate unwanted chemical reactions and their byproducts in industrial processes, such as plastic-making. However, after long periods of use, these catalysts become inef…