Phelps Dodge hires advisors
Denver — Phelps Dodge (PD-N) has retained financial advisors to avise the Phoenix-based copper producer on its non-mining businesses.Goldman Sachs will give advice on PD Wire & Cable, which produces …
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GREATEST VALUE TRADED, DEC. 6-12
ExchgVal($000s)HighLowCloseChangeAlcoa*N 577656 32.38 28.75 31.62 +0.12…
St Andrew weighs survival against dilution
Joseph Gutnick, the Australian mining entrepreneur who recently assumed control of Tahera (TAH-T), is now poised to take the helm of St Andrew Goldfields (SAS-T).Subject to regulatory approval, Bay Re…
Orezone expands in West Africa
Junior Orezone Resources (ORZ-T) will explore the Ghanaian gold properties of Australian-based Dominion Mining.Orezone can earn a half-interest in the properties by spending US$2.5 million over four y…
EXCHANGE RATES (December 18, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 12Dec. 11Dec. 8Dec. 7Dec. 6US$ in C$1.
EVENTS (December 18, 2000)
Jan. 1-31, 2001 33rd Annual Canadian Mineral Processors Conference — Ottawa. Contact R.J. MacDonald. Tel: (613) 996-2283. Fax: (613) 996-9041.Jan. 11-13 Western Inter-University Geological Conference…
MOST ACTIVE ISSUES, DEC. 6-12
ExchgVol(000s)HighLowCloseChangeWilliam ResT 25067 0.07 0.04 0.07 +0.03…
Stillwater secures financing
Denver — After securing higher prices for platinum and palladium production at its namesake operation in southwestern Montana, Stillwater Mining (SWC-X) has secured long-term credit facilities worth …
Remembering Christmas past
As the Christmas season approaches, I recall a story that occurred more than 30 years ago.The Steep Rock iron mine, near Atikokan, Ont., was going to install a conveyor belt system that would transpor…
GAC, MAC to meet in St. John’s CONFERENCE ROUND UP
The joint annual meeting of the Geological Association of Canada and the Mineralogical Association of Canada will be held at Memorial University in St. John’s, Nfld., from May 27 to 30, 2001.The meeti…
Share and share alike
As a qualified physical scientist with a background in mineral sciences and mining, I dare say that if all good mineral science were shared and not cloaked in secrecy, as is the case in the mineral ex…
River Gold slips deeper into red in latest quarter
Higher fuel and mining costs contributed to a quarterly loss for River Gold Mines (RIV-T).Losses in the three months ended Sept. 30 totalled $1.1 million (or 2 per share) on revenue of $8.4 million, …