Strong metal markets drive up broad market
Strong performances by metal markets helped push up the Toronto Stock Exchange 300 index during the Jan. 5-11 report period. The index rose 240 points to 8,442.61. Meanwhile, the metals and minerals s…
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Ontario signs on for Western coal
Luscar has signed a 3-year deal to supply coal to Ontario Power.No dollar figure was attached to the deal, with Luscar saying prices will be adjusted yearly according to the consumer price index. The …
Pioneer renews efforts at Riou Lake property
Follow-up electromagnetic surveys are under way at the Riou Lake uranium project in the Athabasca Basin of northern Saskatchewan.Pioneer Metals (PSM-T) says the surveys, comprising 140 line km, are de…
St Andrew replenishes coffers
Faced with a dwindling cash position, St Andrew Goldfields (SAS-T) has raised $3.3 million for its projects in the Timmins camp of northern Ontario.In early December 1999, St Andrew received a 14-mont…
Diamond sector enters 2000 on bullish note ( Part 2)
Kennady LakeLast winter, Monopros, the Canadian exploration arm of De Beers, collected bulk drill samples from a cluster of four pipes at Kennady Lake in the Northwest Territories (5034, Hearne, Tuzo …
Diamond sector enters 2000 on bullish note ( Part1)
Underlying market sentiment for the diamond mining sector, from a sales perspective, remains positive going into the new year.De Beers Consolidated Mines (dbrsy-q) announced record diamond sales in 19…
Mining will emerge from Twilight Zone: Yorkton analysts
Mining analysts Douglas Leishman and Art Ettlinger of Yorkton Securities are optimistic that better times are ahead for the mining sector. In a recent research report titled 2000 and Beyond: The Journ…