Vancouver — Imperial Metals (IPM-T) has been granted bankruptcy protection by the Supreme Court of British Columbia. The junior filed for protection as a result of financial troubles caused by low go…
The collapse of commodity and derivatives trader Enron has offered market-watchers plenty of entertainment over the past four months. There was the precipitous departure of its chief executive, Jeffre…
Vancouver — Juniors Chapleau Resources (CHL-V) and Navigator Exploration (NVR-V) have discovered a third tantalum drill target at their jointly held Kougarok project in Alaska.The 55-sq.-km property …
Investors took profits after the Bank of Canada cut its principal lending rate on Nov. 27, leaving the Toronto Stock Exchange playing catch-up for the report period Nov. 28-Dec. 4.The TSE 300 composit…
London-listed mining house Lonmin, unable to find an attractive acquisition in the platinum business, has decided to distribute some of its large cash reserve to shareholders in a buy-back.Shareholder…
Aluminum giant Alcoa (AA-N), rebuffed in a takeover bid for diversified Australian miner WMC (WMC-N), says it will “turn its attention to other growth initiatives elsewhere.”Frustrated by WMC’s propos…
Low metal prices continue to hold back copper-oxide specialist Summo Minerals (SMA-T), which expects to rely on debt financing to keep its portfolio of development properties going.Summo’s only produc…
Vancouver — Results from 18 drill holes indicate that the Gold Mountain zone near Nelson, B.C., is higher in grade and smaller than expected. The target is part of the Kena property of Sultan Mineral…
66.88 (-0.18)(Sept. 30/98 = 100)…
Winding up operations at the San Francisco mine in Mexico and struggling to elevate production rates at the Vueltas de Rio mine in Honduras, Geomaque Explorations (GEO-T) incurred a net loss of US$1.7…
46.29 (+1.11)(Sept. 30/98 = 100)…
Precious MetalsPrice (US$/oz.)ChangeGold$275.75+$1.15Silver$ 4.15+$0.06Platinum…
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