CDNX feeds on high-tech, biotech sectors
Propelled by the speculative frenzy in the high-tech and biotech sectors, the Canadian Venture Exchange gained 150.66 points, or 3.6%, over the report period ended March 14 to close at 4,375.45. The m…
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Exchange Rates (March 20, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMar. 14Mar. 13Mar. 10Mar. 9Mar. 8…
LME Warehouse Levels (March 20, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Mar. 14/99 (change from Mar. 7 in brackets):MetalStock(tonnes)Change…
Producer and Dealer Prices (March 20, 2000)
Antimony: Mid-mkt US$1,140/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.19/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.50-15.25/lb.Copper: Comex Mar. US$0.7935/lb.Indium: I…
De Beers tables grade estimates for Tuzo kimberlite
Despite a slight increase in the grade estimate of the Tuzo pipe at the Kennady Lake diamond project in the Northwest Territories, the value per carat has decreased by US$25. Consequently, Monopros, t…
Demand for diamonds to keep market vibrant
Despite expanding production in Botswana and new Canadian mines in the offering, strong demand from the U.S. and Asia is expected to drive the market for diamonds in 2000.Coming off a financially stel…
EVENTS (March 20, 2000)
March 27 & March 30 Export Development Corp. — Mining Seminar: “Discover the Tools for Global Success.” Four Seasons Hotel, Vancouver, B.C. On March 30, at the Ontario Club, Toronto. Tel: 1(888)332-3…
REGULAR DEPARTMENTS (March 20, 2000)
Careers12Classified19Editorial4Guest Column4Investment Commentary6Letter to the Editor5Metal Prices10Metals Commentary10Professional Directory15-17Stock Tables7-9Subscription Services19…
MEETINGS (March 20, 2000)
March 20 Chapleau — annual, generalMarch 20 Premier — annual, generalMarch 20 Taseko — annual, generalMarch 21 Colossal — annualMarch 21 Foran…
Pipeline benefits Royal Gold
The Cortez joint venture has increased it reserves for the Pipeline complex in central Nevada to the benefit of junior Royal Gold (RGLD-Q), which holds royalty interest on production.Placer Dome (PDG-…
Palmietgat diamond project moves forward
With a mining permit in hand, Trivalence Mining (TMI-V) expects production to begin by April at the Palmietgat diamond project in South Africa.The 20.8-sq.-km property, situated 70 km north of Pretori…
Manhattan banks on Tambo Grande
After spending US$10.5 million on exploration at its Tambo Grande project in Peru and taking a US$8-million writedown of its Moris gold mine in Mexico, Manhattan Minerals (MAN-T) was left with a loss …