Rio Tinto offers to buy larger slice of IOC
British mining giant Rio Tinto (RTP-N) intends to make a cash offer to buy all units of Labrador Iron Ore Royalty Income Fund (LIF.UN-T) for $13.50 per unit.”The acquisition of the fund will provide R…
News
Twin Mining encouraged by Baffin stones
Following up on some earlier success, Twin Mining (TWG-T) has received diamond counts from a total of 1,669 kg of kimberlite derived from pipes No. 1 and No. 2 on the Freightrain claim on the company’…
Western markets beset by winter blahs
Vancouver — The Canadian Venture Exchange followed the major markets lower, led by a 13.2% drop in its technology sector, during the report period ended Dec. 19. The composite index dropped 138.72 po…
The Northern Miner — North American Mining Index (December 18, 2000)
75.34 (+1.25)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 18, 2000)
46.72 (+2.17)(Sept. 30/98 = 100)…
News – 18-DEC-00
Gold Funds (December 18, 2000)
Gold Funds as of Dec. 7 2000Dundee Precious MetalsCentral FundNet Value$11.64$5.47Price…
Staff Investment Policy (December 18, 2000)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Strength returns to base metals
During the report period Dec. 4-8, base metals markets put in their best performance since late August, as funds rushed to cover short positions. The market was invigorated early in the week by hints …
Share and share alike
As a qualified physical scientist with a background in mineral sciences and mining, I dare say that if all good mineral science were shared and not cloaked in secrecy, as is the case in the mineral ex…
Freewest advances Clarence Stream
Rollingdam, New Brunswick — Freewest Resources Canada (FWR-M) is preparing to launch a 3,000-metre program of diamond drilling at its Clarence Stream gold property in southwestern New Brunswick. The …
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