MOST ACTIVE ISSUES, FEB. 28-MAR. 6
ExchgVol(000s)HighLowCloseChangeAlcoa*N 14567 38.45 35.33 37.99 +1.74…
News
Sherritt extends offer for Luscar
Luscar Coal Income Fund Trust (LUS.U-T) says it will postpone the implementation of a shareholders’ rights plan as the Sherritt Coal Partnership has extended its hostile takeover bid until April 17.Th…
Boliden (March 12, 2001)
Denver — The first holes on the newly acquired Santa Julia claim block at the El Morro copper project in Chile have returned long intervals of mineralization for partners Noranda (NOR-T) and Metallic…
Nuinsco, Inco study mining accord in Thompson camp
Though still subject to due diligence and the resolution of various technical and legal issues, Nuinsco Resources (NWI-T) and Inco (n-t) have signed a letter of intent aimed at developing the Pipe Com…
McKenzie Bay proceeds with Lac Dor study
Junior McKenzie Bay International (mkby-o) has commissioned a bankable feasibility study of its Lac Dor vanadium project, 25 km southeast of Chibougamau, Que.A 4-member committee split equally betwee…
Precious metals producers sputter as prices sag
Gold prices fell back into the low US$260s in London during the Feb. 28-March 6 report period following a mid-February rally that saw prices shoot up from US$256 to US$268 per oz.There was a dearth of…
Ashanti, AngloGold boost reserves at Geita
Geita District, Tanzania — Tanzania’s mining renaissance owes much to the pioneering spirit of Ashanti Goldfields (ASL-N) and AngloGold (AU-N), which set out, in the late 1990s, to broaden their oper…
Angus, Cabot explore for tantalum in Greenland
In January 2000, shortly after its formation, Angus & Ross obtained a 414-sq.-km exploration licence covering a tantalum-and-niobium-bearing deposit within the Motzfeldt Centre of the Igaliko nephelin…
Canadian Stock Exchange Indices (March 12, 2001)
Date March 6 March 5 March 2 March 1 Feb. 28HighLow…
PGM search intensifies in Ontario
An increasing interest from the majors and an ongoing price rally are adding momentum to the search for platinum and palladium deposits in northern Ontario. At last count, more than a dozen companies …
Ashanti Goldfields on sound footing, Jonah says
The past year was challenging for all gold companies, but Ashanti Goldfields (ASL-N) had the added task of rebuilding after a failed hedging program splashed red ink over its balance sheet in the fall…
Birch audit finds ‘little precious metal’
A technical audit by outside consultants has concluded that exploration for “Prairie-style” gold mineralization in northeastern Alberta, currently being pursued by Birch Mountain Resources (BMD-V), ha…