Atna rated a speculative buy
Tax-loss selling at this time of year typically creates a seasonal weakness that many speculative investors use to their advantage, to bottom-feed on the junior resource sector.At 40-42, Atna Resourc…
News
Market improves after slump
Denver — The Dow Jones industrial average jumped 391.14 points, or 3.7%, to close at 10,898.72 for the report period ended Dec. 5. The rise reflected both the possibility of a interest rate cut and t…
VBN redemption gets nod
At a special meeting in Toronto, shareholders of Inco’s (N-T) Class VBN shares (NV-T) voted in favour of amending the terms of the shares, thereby accepting a redemption offer from Inco.The company ca…
Producer and Dealer Prices (December 11, 2000)
Antimony: Mid-mkt US$1,450/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.25-15.00/lb.Copper: Comex March US$0.869/lb.
SouthernEra posts profit
Lower amortization costs translated into a modest profit for SouthernEra Resources (SUF-T) in the three months ended Sept. 30.Net earnings topped $701,000 (or 3 per share) on revenue of $5.1 million,…
Lottie Lake source eludes Hudson Bay
A short, 6-hole drill program by Hudson Bay Exploration & Development on the Lottie Lake sulphide prospect in central British Columbia has failed to find the source of high-grade copper boulders uncov…
Spot Prices Wed. December 6, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$270.85+$1.85Silver$ 4.71+$0.01Platinum$599.00-$1.00…
Northern Miner Indices (December 11, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….
Newmont merger approved
The U.S. Securities and Exchange Commission has approved the proposed merger between Battle Mountain Gold (BMG-N) and Newmont Mining (NEM-N).Battle Mountain has scheduled an extraordinary shareholders…
Conrad Hach
Conrad Hache, president and chief executive officer of Toronto-based River Gold Mines, has died. He was 57.Beginning in 1962, Hach worked his way through various mining projects, holding such titles …
Hucamp sampling picks up PGEs
Sampling by Hucamp Mines (YHU-V) at the Alexo and Dundonald South properties, about 40 km northeast of Timmins, has returned platinum and palladium values from two known nickel deposits.Hucamp, which …
Int’l Annax expands high-grade zone
Junior International Annax Ventures (IAX-V) has extended the southern boundary of the main zone of stratiform massive sulphide mineralization at the Dairi project in northwestern Sumatra, Indonesia.A …