Exchange Rates (November 27, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 21Nov. 20Nov. 17Nov. 16Nov. 15US$ in C$1.55471.55891.55931.5…
News
News – 27-NOV-00
CDNX slides further into bear country (November 27, 2000)
Canada’s junior exchange continued its month-long skid, as all indices remained in negative territory during the report period Nov. 15-21. The Canadian Venture Exchange composite index plunged 133.62 …
NAME CHANGES (November 27, 2000)
American Manor Corp. (ANO-V) has changed its name to American Manor Enterprises Inc. (AMN-V) on a 1-new-for-2-old-share basis.Duran Gold Corp. (DRN-V) has changed its name to Duran…
Geomaque eyes Marathon deposit in Ontario
Geomaque Explorations (GEO-T), best known for its open-pit gold mines in Latin America, is trying its hand at a polymetallic surface deposit in northern Ontario.Polymet Mining (POM-V), which remains f…
PEOPLE (November 27, 2000)
Uganda Gold Mining — Egil Livgard appointed director.Zenda Capital — Thomas Meredith appointed interim president.Globaltex — Thomas O’Brien appointed president and CEO.
Nickel and X-ray satellites
Burning its way into space on a column of fire last December, the world’s most powerful X-ray satellite took just 29 minutes to travel from the European Space Agency’s spaceport in Kourou, French Guia…
VBN retirement: Round II
Stymied in its offer to buy back 90% of its Class VBN shares (NV-T), Inco (N-T) has changed its strategy and is now seeking to retire the shares via a redemption.Originally, Inco offered to buy the se…
NRC and CAMESE publish report on suppliers
Natural Resources Canada (NRC) and the Canadian Association of Mining Equipment and Services for Export (CAMESE) have collaborated to publish an 84-page report on how mining suppliers contribute to th…
De Beers withdraws from bid
De Beers Consolidated Mines (DBRSY-Q) is withdrawing its takeover bid for Australia’s Ashton Mining now that rival Rio Tinto (RTP-N) has received acceptances for 51.89% of Ashton’s shares.De…
Drilling confirms grade at Howards Pass
Results from eight diamond drill holes on the Howards Pass zinc-lead project in the Yukon confirm the potential for mineralization minable by open-pit methods.The drilling was carried out as part of a…
Conferences celebrate 250 years of nickel
A 5-day conference in Duesseldorf, Germany, will commemorate the 250th anniversary of the discovery of nickel.The event, scheduled for May 6-11, 2001, is designed to celebrate the anniversary of Axel …