GREATEST VALUE TRADED, June 7-13
ExchgVal($000s)HighLowCloseChangeAlcoa*N 445495 61.38 27.88 28.06 – 33.32…
News
Nuinsco to buy Bucko Lake
Following a 13-hole drill program, Nuinsco Resources (NWI-T) has decided to enter into an option to buy Falconbridge’s (FL-T) Bucko Lake property in the Thompson nickel belt, 100 km south of Thompson,…
The need for innovation
It is marvelous to witness the growth and spread of technology, though we must be wary of the tendency to over-invest in some sectors while neglecting others.Consider mining. The industry has invested…
Producer and Dealer Prices (June 19, 2000)
Antimony: Mid-mkt US$1,105/t.Bismuth: Mid-mkt US$3.65/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$15.65-17.00/lb.Copper: Comex July US$0.8015/lb.Indium: I…
Summo extends Centennial deposit in Arizona
An ongoing 50-hole drill program at the SE Extension copper oxide deposit in southeastern Utah continues to yield higher-than-expected grades for owner-operator Summo Minerals (SMA-T).Covering a 2,200…
Canyon offers mineral rights to environmentalists
In an unusual, perhaps unprecedented gesture, Canyon Resources (CAU-X) is offering to sell mineral rights to nearly 1 million acres in western Montana to environmental groups.In addition, the company …
Inco to go ahead with McCreedy expansion
Inco (N-T) will proceed with a US$33-million development at one of its most productive assets, the McCreedy East nickel mine in the western portion of Ontario’s Sudbury basin.The major will develop Mc…
Romios drills Scossa
Proceeds from a private placement are keeping the drills turning at the high-grade Scossa gold property, in Nevada’s Pershing Cty.In April, Romios Gold Resources (RGRI-C) raised $250,920 by issuing 73…
SouthernEra shuffles its board
In another surprise twist at SouthernEra Resources (SUF-T), shareholders have replaced nearly their entire board of directors.Taking the place of Lee Barker, Oliver Lennox-King, Patrick Ryan, Patrick …
GREATEST VALUE TRADED, May 31-June 6
ExchgVal($000s)HighLowCloseChangeAlcoa*N 676199 62.12 57.25 61.38 + 3.12…
Gold Funds (June 12, 2000)
Dynamic MutualCentral FundNet Value$12.50$5.44Price$7.40$5.105Discount40.80%…
Fortune advances Nico
Junior Fortune Minerals (FT-T) is encouraged by the results of a scoping study at its 80%-owned Nico cobalt-gold-bismuth deposit, 160 km northwest of Yellowknife, N.W.T.Fortune retained Strathcona Min…