Indices in red as CDNX sings October blues
Canada’s junior exchange continued to lose ground during the 7-day report period ended Oct. 17, as all indices ended the trading session solidly in the red. The Canadian Venture Exchange (CDNX) compos…
News
Dia Met soars as company climbs on to auction block
Dia Met Minerals took the market by surprise during the Oct. 11-17 report period by announcing it was looking to sell both the company and its 29% interest in the Ekati diamond mine in the Northwest T…
PEOPLE (October 23, 2000)
Black Bull Res. — Haydn Murray appointed advisor to the board of directors.Burlington Res. — Daniel Hawk appointed vpMaya Gold — Lorne Anderson appointed director.McVicar M…
John Ross
John (“Jack”) Ross, one of Canada’s most prominent mining engineers, died this past summer. He was 86.Ross spent 65 years in mining, beginning as a student at the University of British Columbia in the…
Ontario budget boosts mining
In the past two years, the economy in Ontario has grown more quickly than that of any G7 country, and mining has played its part, generating between $5 billion and $7 billion in annual mineral product…
Teck president to speak at Vancouver CIM luncheon
Steven Dean, president of Teck and executive chairman of PacMin Mining, will speak at a luncheon hosted by the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum on Oct. 26…
News – 23-OCT-00
Election decisions
Americans will troop to the polling booths in early November, and expectations are that Canadians will be marking ballots in a federal election a few weeks later. But unlike the U.S., where presidenti…
Gold-Ore intensifies work at San Marcial
Gold-Ore Resources (GOZ-V) has received encouraging results from trenching on its San Marcial silver-gold property, 90 km east of Mazatlan, Mexico.Two main targets have been developed on the 1,250-ha …
Summo advances Terrazas
Encouraged by positive drill results, Summo Minerals (SMA-T) has ordered a prefeasibility study of its Terrazas copper-zinc property in northern Mexico.Since drilling began, in July, Summo has drilled…
LME Warehouse Levels (October 16, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 10/00 (change from Oct. 3 in brackets):MetalStock (tonnes)Change…
VBN buyback hits snag
Inco’s (N-T) recently announced buyback of shares of Voisey’s Bay Nickel (VBN) has drawn fire from a group of New York-based investors. The group described the offer as “unfair” and urged holders of V…