MOST ACTIVE ISSUES, Sept. 27-Oct. 3
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Articles by Northern Miner Staff
Exchange Rates (October 09, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 3Oct. 2Sept. 29Sept. 28Sept. 27…
Apex improves recoveries
Apex Silver Mines (SIL-X) intends to increase metal recoveries at its San Cristobal silver-zinc project in south-central Bolivia by adding a fourth cleaner column cell to the processing plant.Silver r…
Twin Mining ships samples
Following up on positive results from two 10-tonne samples from the Torngat property in Nunavut, Twin Mining (TWG-T) has shipped more than 400 tonnes of kimberlite to Lakefield Research in Ontario for…
Bougainville residents file suit against Rio Tinto
Residents of the island of Bougainville in Papua New Guinea have filed a class action suit in the U.S. against London-based Rio Tinto (RTP-N), alleging that the mining giant commited “ecocide” and “cr…
Symposium to focus on Arctic
The environmental impact of mine openings and closures will be a key theme of the sixth international symposium on Arctic mining, to be held in Nuuk, Greenland, from May 28-31, 2001.The event will als…
Eastern markets weak across the board
Interest rate fears, coupled with weakness in the technology sector, pulled the Toronto Stock Exchange down over the report period Sept. 20-26. The TSE 300 composite index fell 435.93 points, to 10,47…
Market dips third straight week
The Dow Jones industrial average continued its losing ways, slipping 157.97 points, or 1.5%, during the report period ended Sept. 26 to close at 10,631.32.The market is bracing itself for a rocky earn…
PolyMet exits JV with Rio Tinto
PolyMet Mining (POM-V) has dissolved its joint-venture agreement affecting the NorthMet polymetallic project in northeastern Minnesota with Rio Tinto (RTP-N), after the London-based major proved unwil…
Silver Standard gains Texas silver project
Silver Standard (SSO-V) has agreed to acquire a majority stake in the Shafter property in Texas.The junior will acquire 91.64 million shares (representing a 91.8% interest) of Silver Assets (cilv-o) f…
Partners find new target
Rock and soil geochemical surveys by Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) show indications of additional gold mineralization about 3 km south of the Boston gold deposit in Nunavut.The geoc…
Falco to shut down cobalt shipments
Nickel producer Falconbridge, now in the eighth week of a strike at its operations in Sudbury, Ont., has declared force majeure on contracted shipments of cobalt to consumers.The declaration, which is…