Cambior rebuffs Aur offer
The directors of Cambior (CBJ-T) are advising shareholders to reject Aur Resources’ (AUR-T) hostile takeover offer, at least for the moment.Aur is offering one share for every 1.1 Cambior share (T.N.M…
Articles by Northern Miner Staff
PEOPLE (February 14, 2000)
Masuparia — Michael Magrum appointed director and vp.Tahera — Howard Miller appointed president and CEO.SouthernEra — Steven Banning appointed president and CEO.Gammon Lake…
Variety adds spice to Teck
While analysts tend to prefer so-called “pure” metal plays, Teck’s (TEK-T) emphasis on product diversification has smoothed out much of the impact that cyclical price swings have on single commodity p…
Pascua adds 22% to Barrick’s reserves
Eschewing grassroots exploration in favour of a tightly focused district development program, Barrick Gold (ABX-T) plans to spend US$90 million this year to increase reserves near its existing mines a…
Bolivar Goldfields places Tomi mine on auction block
Bolivar Goldfields (BVG-T) is selling its Tomi gold mine in Venezuela in preparation for jumping on to the e-commerce bandwagon.The Toronto-based company has retained Endeavor Financial Corp. to assis…
Stillwater posts record earnings
Stillwater Mining (SWC-X) has posted record earnings on the strength of higher commodity prices and a late surge in productivity at its namesake platinum-palladium mine in southwestern Montana.For the…
REGULAR DEPARTMENTS (February 14, 2000)
Careers12-13Classified19Commentary4Editorial4Investment Commentary6Letters to the Editor5Metal Prices10Metals Commentary10Obituary5Odds ‘N’ Sods4People5Professional Directory15-17Stock Tab…
Anglogold eyes property in Red Lake gold camp
A letter-of-intent agreement paves the way for Anglogold (AU-N) to earn from Rubicon Minerals (RMX-V) a majority interest in more than 20,000 ha in the Red Lake mining camp of northern Ontario.To earn…
Madison seeks funding for Mt. Kare
Madison Enterprises (MNP-V) has arranged for a $5.2-million private placement to finance drilling on the Mt. Kare gold-silver property in Papua New Guinea.The financing consists of 8 million units pri…
Gold takes flight, albeit briefly
The Dow Jones industrial average fell 83.45 points, or 0.75%, for the report period ended Feb. 8 amid inflationary fears, while gold responded positively.Spot gold on the Comex division of the New Yor…
GREATEST VALUE TRADED, Feb. 2-8
Val($000s)HighLowCloseChangeAlcoa*N 695087 75.56 65.94 65.94 – 6.18…
Producer and Dealer Prices (February 14, 2000)
Antimony: Mid-mkt US$1,160/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$14.10-15.50/lb.Copper: Comex Mar. US$0.82/lb.Indium: Ind…