Kids on Wall Street
The world of international finance is a murky, mysterious one for most Canadians and Americans who punch a clock in a factory or put in long hours at an office building. Most probably believe that the…
News
Recognizing aboriginal rights
Mining industry representatives are confused by the media’s often misleading or incorrect interpretations of Supreme Court decisions and historic and contemporary agreements regarding Aboriginal land …
Snap Lake viewed as having ‘excellent’ economics
David James, mining analyst for Canaccord Capital, has been watching developments in Canada’s emerging diamond industry since the first discoveries were made in the Lac de Gras region in the early 199…
Spot Prices (December 06, 1999)
Precious MetalsPrice (US$/oz.)ChangeGold$291.40-$6.45Silver$ 5.19+$0.02…
TSE INDICES (December 06, 1999)
— 1999 –DateNov. 30Nov. 29Nov. 26Nov. 25Nov. 24High…
MOST ACTIVE ISSUES, NOV. 24-30
Exchg Vol(000s)HighLowCloseChangeBarrick GoldT 16065 29.00 26.20 26.50 – 1.2…
EuroZinc wraps up drilling
With results in hand from the final six holes of the 1999 drilling program, EuroZinc Mining (EZM-t) has moved another step closer to completing the final feasibility study for the Aljustrel zinc proje…
Greenstone Resources peers into the abyss
With creditors demanding repayment, Greenstone Resources (GRE-T) is sinking under the weight of heavy debt.The company’s latest woes began in late July, when its US$18.7-million line-of-credit matured…
Cambior looking to shed assets
In a new strategy aimed at reducing its heavy debt burden, Cambior (CBJ-T) has announced its intention to sell “substantial” gold or base metal assets, or both, and begun soliciting offers from intere…
Champion boosts phosphate production
With demand for phosphate growing in international markets, Champion Resources (CHL-V) has decided to double planned production at its Farim deposit in Guinea Bissau, a small independent state in West…
CDNX small-cap market blasts off
The Alberta and Vancouver stock exchanges have officially merged to form the Canadian Venture Exchange.The new exchange, dubbed CDNX, came to life with just under 2,500 stock listings and began tradin…
Study calls for more work at Jericho
Based on the positive results of a prefeasibility study, Tahera (TAH-T) is evaluating financing options for its Jericho diamond project in Nunavut, 420 km northeast of Yellowknife, N.W.T.The independe…