News


Mining’s gauntlet

It is a puzzle to some investors that mine permitting in Canada can be a merciless running of the gauntlet in one part of the country and a relatively painless experience in another. And many are amaz…


LME Warehouse Levels (May 22, 2000)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 16/99 (change from May 9 in brackets):MetalStock (tonnes)ChangeAluminium627975(-3…


Mining index posts gain despite western slump

The Canadian Venture Exchange (CDNX) index dropped 10.21 points, or 0.3%, to close at 3,439.57 over the report period ended May 16. The oil, gas and technology indices posted modest losses while the m…


Spring triggers recommendations

The arrival of spring seems to have set off a flurry of interest in mining and exploration companies, though nervousness in the high-tech sector is perhaps the more likely reason why some investors ar…



Aur posts quarterly loss

Toronto-based Aur Resources (AUR-T) posted a net loss of $1.7 million on revenue of $26 million for its latest quarter ended March 31, compared with earnings of $526,000 on revenue of $23.6 million a …


Claude expands discovery at Seabee

Small-but-steady about sums up the production history of Claude Resources’ (CRJ-T) Seabee gold mine in northern Saskatchewan.In continuous production since 1991, the underground mine has produced an a…


EVENTS (May 22, 2000)

May 24-25 Cobalt Development Institute — “Cobalt Conference 2000.” Hotel Okura, Tokyo, Japan. Tel: +44 1483 578877. Fax: +44 1483 573873.E-mail: 101637.2106@compuserve.comMay 29-June 2 PanCanadian Pe…


Exall sinks into the red

Depressed prices and lower output translated into a 1999 loss for Exall Resources (EXL-T).Exall reported a loss of $1.1 million (or 4 per share) on revenue of $20.5 million, compared with earnings of…


Winspear appeals Camsell Lake ruling

The Camsell Lake soap opera continues. Winspear Resources (WSP-T) is appealing an April 10 ruling by Justice Duncan Shaw of the Supreme Court of British Columbia that Aber Resources (ABZ-T) can retain…


Lac des les: the early days

My father and mentor, Walter Baker, was undeniably one of the best prospectors ever to roam Canada. His favourite saying before each long field season was: “Over the next hill is mine.”Although my bro…


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