Can things get better? The view from the trough
The year 2001 may go down as the year we were paid back for the financial excesses of the 1990s.Recession is biting the North American economies, Continental Europe is feeling the first nibbles, and t…
News
Books uncover the dark underbelly of the diamond world
BOOK REVIEWS/VIRGINIA HEFFERNANDiamond: A Journey to the Heart of an ObsessionBefore Canadian juniors burst on to the scene a decade ago, the world of diamonds was cloaked in secrecy. The dis…
More funding for OPA
The Ontario government will provide more than $3 million, through the Northern Ontario Heritage Fund Corporation (NOHFC), to finish restructuring the Ontario Prospectors Association (OPA).In November …
Tiberon expands Nui Phao deposit (December 31, 2001)
Vancouver — Assay results from 11 stepout holes have expanded, to the east, west and south, the Nui Phao tungsten deposit in Vietnam. The property is in the country’s northern region, near Hanoi.Tibe…
Spot Prices Wed. December 12, 2001 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$278.90+$5.65Silver$ 4.49+$0.20…
Yukon extends tax credit
The Yukon government has extended its mineral exploration tax credit by one year to April 1, 2003. The announcement was made at the Yukon Geoscience Forum in Whitehorse.The credit is a refundable corp…
PEOPLE (December 31, 2001)
AMT International — Karine Simoes and Dora Santschi appointed directors.Boulder — Nelson Baker appointed vice-president exploration and John Magee appointed vp corporate development.Crew Developm…
Canadian Stock Exchange Indices (December 31, 2001)
— 52-week –DateDec. 25Dec. 24Dec. 21Dec. 20Dec. 19High…
Stock markets scrape bottom
TWENTY YEARS AGO/JANUARY 1982Anticipating an impending economic slump, stocks on all Canadian exchanges started reversing their long uptrend, ending 1981 sharply lower. In fact, the TSE suffered its t…
Sulliden’s drills stall at Mario (December 31, 2001)
Nearly out of cash, Sulliden Exploration (sue-t) has suspended a 3,500-metre drilling campaign on the Mario base metal property, 50 km southwest of Huancayo, Peru.Sullivan had drilled about 1,553 metr…
Gold Funds (December 31, 2001)
Dundee Precious MetalsCentral FundNet Value$13.47$5.41Price$9.30$5.16Discount30.964.6Value$94,293,000$105,193,131…