Sigma performance drags down McWatters
Disappointing operating results from the Sigma-Lamaque complex in Val d’Or, Que., have pulled gold miner McWatters Mining (MCW-T) back into the red.For the second quarter ended June 30, McWatters post…
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Inmet joins Celtic in Nfld.
Gold and copper miner Inmet Mining (IMN-T) will acquire interests in four properties held by Celtic Minerals (CME-V) in central Newfoundland’s Victoria River region.The joint-venture agreement affects…
Mining reps to gather in New Zealand
The 2000 New Zealand Minerals and Mining Conference, being held Oct. 29-31 in Wellington, promises few tricks and many treats, including guest speakers and technical research papers.Delegates will be …
Spot Prices Wed. August 16, 2000Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$275.50+$3.20Silver$ 4.85-$0.02…
Can-Cal focused on Pisgah property
Over the past few months I have been following a junior mining company with some unbelievable numbers for a palladium find. I haven’t been able to research this company through your paper, which I tho…
CDNX fails to follow Toronto’s lead
Canada’s junior exchange lost ground over the report period ended Aug. 15. The Canadian Venture Exchange composite index dropped 28.67 points, or 0.9%, to finish the week at 3,318.74, and the market’s…
Metal Prices (August 21, 2000)
DateAug. 15Aug. 14Aug. 11Aug. 10Aug. 9BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Canadian Stock Exchange Indices (August 21, 2000)
— 52-week –DateAug. 15Aug. 14Aug. 11Aug. 10Aug. 9High…
Falco restarts smelter
In the midst of a strike by 1,250 workers, Falconbridge (FL-T) has restarted its nickel smelter in Sudbury, Ont., at reduced capacity.The smelter normally produces 5,400 tonnes of nickel anode per mon…
TVX notes wipe out second-quarter profit
TVX Gold (TVX-T) finished the three months ended June 30 with earnings of US$800,000, but the small profit was eaten up by adjustments to the company’s gold-linked convertible notes, leaving it with a…
Miramar finances program
Miramar Mining (MAE-T) has engaged Canaccord Capital to arrange a $4-million private placement financing for expanded exploration of the Hope Bay joint-venture gold project for the remainder of this y…
NAP exec shorts own stock
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Aber Resources (ABZ-T) — John Lamacraft, director, bought 25,000 shares a…