Toronto Stock Exchange Indices (July 03, 2000)
52-weekDateJune 27June 26June 23June 22June 21HighLowTSE 30010165.51…
News
Cambiex to tie knot with Dundee
Gold explorer Cambiex Exploration (CBX-T) and closed-end investment company Dundee Precious Metals (DPM.A-T) have agreed to merge.Montreal-based Cambiex, which is changing its name to Hope Bay Gold Co…
Sunshine seeks debt relief
Yet again, Sunshine Mining & Refining (SSC-N) has pushed back the maturity date for its 8% senior exchangeable notes until June 30.The Idaho-based silver company does not have the resources to pay the…
Conference sheds light on construction minerals
Toronto will host the 12th annual Canadian Conference on Markets for Industrial Minerals, scheduled for Oct. 17-18.Titled “Industrial Minerals 2000,” the event will be hosted by Victoria, B.C.-based B…
Lisheen has eyes smiling
The recently opened Lisheen mine in southern Ireland does not contain a pot o’ gold, but there’s no shortage of zinc.The world’s fifth-largest producer of zinc and lead is an equal joint venture betwe…
Dia Met finds new leader
The long search for a new president for Dia Met Minerals (DMM-T) is over; James Rothwell will take the reins in mid-August, two weeks prior to the company’s annual meeting.James Eccott, who has been p…
PEOPLE (July 03, 2000)
Boliden — Thomas Cederborg appointed executive vp and chief operating officer.Cabo — Stanley Feinerman appointed director.Cathedral — Mark Bentsen, Herman Hartley, Donald Sabo appointe…
Rio Tinto bids for Australia’s North Ltd.
British mining giant Rio Tinto (RTP-N) has launched a hostile US$1.7-billion takeover bid for diversified Australian miner North Limited.Rio Tinto is offering A$3.80 in cash per North share, with the …
Base metals show gains in week of volatile trading
The Toronto Stock Exchange was quiet over the report period June 21-27, with the TSE 300 composite index sliding 74.37 points to close at 10,165.51, a modest loss of 0.7% of value. Still, the mining s…
Placer’s Getchell eyed as long-term low-cost producer
Despite controversy surrounding last year’s acquisition of Getchell Gold, Placer Dome (PDG-T) is confident the Getchell property in northwestern Nevada will be a valuable long-term asset.The major is …
PEOPLE (June 26, 2000)
company>Canadian Zinc — Malcolm Swallow appointed president and CEO; Robert Gayton appointed vp finance and CFO; John MacPherson appointed chairman; Hugh Morris, Wayne Lenton, David Shaw appointed di…
The Northern Miner — North American Mining Index (June 26, 2000)
74.04 (-1.14)(Sept. 30/98 = 100)…