NAME CHANGES (June 05, 2000)
Daren Resources (DRR-V) has changed its name to Daren Industries (DIL-V) on a 1-new-for-3-old-share basis.
News
PEOPLE (June 05, 2000)
Dynamix — John Squarek appointed president, director and CEO.Rubicon — Christopher Bradbrook appointed director.Scintrex — Roland Horst appointed president and CEO.Teck…
The Northern Miner — North American Mining Index (June 05, 2000)
79.96 (-4.06)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (June 05, 2000)
49.28 (-2.08)(Sept. 30/98 = 100)…
Metals markets still unsettled
Base metals prices trended gradually downward in the May 22-26 report period as the market continued to ignore the steady outflow of inventory from London Metal Exchange (LME) warehouses.Total LME sto…
Gold Funds (June 05, 2000)
Gold Funds as of May 25, 2000Dynamic MutualCentral FundNet Value$12.47$5.54Price$7.40…
MEETINGS (June 05, 2000)
June 5 Broadlands — annual, generalJune 5 Weda Bay — annual, specialJune 6 Ascot Energy — annual, generalJune 6 New Doly Varden — annual, specialJune 6…
Newcrest analysts initiate coverage of First Quantum
The release of positive first-quarter results has prompted Newcrest Capital analysts David Davidson and David Christie to initiate coverage of First Quantum Minerals (FM-T).The company joined the rank…
Gammon Lake cuts more gold, silver
Drilling by Gammon Lake Resources (GAM-T) continues to intersect encouraging gold-silver mineralization in the historic Ocampo mining district of Mexico’s Chihuahua state.Hole 80 cut 33.53 metres grad…
Hillsborough has buyer in wings
By mid-June, beleagured Hillsborough Resources (HLB-T) expects that a potential buyer will have completed a due diligence review of the company and its coal mine on Vancouver Island, B.C.In the meanti…
NAP expands Roby zone again
Drilling by North American Palladium (PDL-T) at the Lac des les palladium mine, in northwestern Ontario, continues to turn up new mineralization outside a proposed pit enlargement.North American Pall…
The right to know
The mining industry, while perhaps not the most important sector of the economy, generates more than US$500 billion in total economic benefits each year and helps to sustain nearly 5 million jobs in t…