Cambiex helps fund acquisition
Cambiex Exploration (CBX-T) has signed a letter-of-intent with Dynamic QSSP Fund for a private placement worth at least $2.5 million.The company, an affiliate of Cambior (CBJ-T), will apply the procee…
News
Exchange Rates (December 06, 1999)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 30Nov. 29Nov. 26Nov. 25Nov. 24…
Canadian Venture Exchange loses ground in first days
The new Canadian Venture Exchange, formed by the merger of the Vancouver and Alberta exchanges, came to life on Nov. 29. The exchange, dubbed CDNX, was launched with just under 2,500 stock listings an…
Gammon plans open pit
A second phase of drilling at the Ocampo gold-silver property in Chihuahua state, Mexico, has intersected more near-surface mineralization for Gammon Lake Resources (GAML-C).Six core holes returned be…
Producer and Dealer Prices (December 06, 1999)
Antimony: Mid-mkt US$1,105/t.Bismuth: Mid-mkt US$4.55/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$62.50/t.Cobalt: Recent trades US$13.50-15.50/lb.Copper: Comex Mar. US$0.818/lb.Indium: In…
GREATEST VALUE TRADED, NOV. 24-30
Exchg Val($000s)HighLowCloseChangeBarrick GoldT 425740 29.00 26.20 26.50 -…
Latin America silver still strong
Mexico and Peru will remain the world’s largest silver producers until at least 2001, by which time they will be producing 115 million oz. and 68 million oz. per year, respectively, predicts the Washi…
No takers for $1,000 challenge
The editorial regarding the Nisga’a treaty, in your issue of Nov. 8-14, was right on. It outlines the situation precisely. The most frightening aspects, however, are the implications of follow-up agre…
Miners, financiers shuck shells at annual shindig
About 350 people from Toronto’s exploration, mining and financial community attended the annual oyster party sponsored jointly by explosives firm Orica Canada and the Toronto branch of the Canadian In…
Metal Prices (December 06, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 30Nov. 29Nov. 26Nov. 25…
LME Warehouse Levels (December 06, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 30/99 (change from Nov. 23 in brackets):Metal Stock(tonnes) Change…
Mid-North adds ground
Calgary-based Mid-North Resources (MNU-V) has acquired seven new permits covering occurrences of both platinum group metals and base metals in the Fox River sill area of northeastern Manitoba.The sill…