News

Funds earmarked for BC labs

The Canadian Foundation for Innovation (CFI), an independent, non-profit organization, has pledged $1.25 million to create five research labs at the Department of Mining and Mineral Process Engineerin…


Russian uncertainty pushes palladium to new record

With Russian shipments in question once again, the price of palladium shot up $90 during the July 26-Aug. 1 report period to a record London morning fix of US$855 per oz. on Aug. 2. The metal had slip…


Agnico-Eagle posts losses

When gold prices are high, Agnico-Eagle Mines (AGE-T) soars likes an eagle. But when prices are low, the unhedged producer is more earthbound than its peers and invariably pays the piper in red ink.Th…


Real investors need real products

Comparing second-quarter financial results of Canada’s major mining and high-tech companies, as reported by the financial press in the week of July 23, reveals some interesting trends. Even comparing …


NAME CHANGES (July 31, 2000)

Akash Ventures (AKH-V) has changed its name to International Akash Ventures (IKS-V) on a 1-new-to-3-old share basis.Aegean Gold (AEG-V) has changed its name to Agean International G…


Cominco posts profit in quarter

Operating profits at the Red Dog mine in Alaska and the Trail smelter in British Columbia propelled base metal titan Cominco (CLT-T) to substantial earnings in the second quarter.The company posted a …




Exploration keeps Eagle Plains busy

Eagle Plains Resources (EPL-V) holds an impressive portfolio of gold and base metal properties in British Columbia and the Yukon, and the junior intends to carry out more than 2,900 metres of diamond …


REGULAR DEPARTMENTS (July 31, 2000)

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Red metal moves on up

Metal prices delved into a bag of mixed fortunes during the report period July 17-21 as copper led the way in breaking its range to reach US$1,870 per tonne following several failed attempts to overco…



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