News
Writedowns push Ashanti into red
Writedowns in the fourth quarter of 1999 wiped out any earnings for Ashanti Goldfields (ASL-N).During the 3-month period, writedowns totalled US$233.1 million (or $2.08 per share). Before these writed…
Mines where wild things are
In recent years, the mining press has been replete with stories about mine developments being stopped by special interest groups purporting to care for the environment. Indeed, these groups seem to ha…
New reactions depend on silver
If scientists knew more about how chemicals combine with each other, not only would they have greater control over chemical reactions; they would be able to produce chemical reactions never before pos…
Intrusive differences spelled out
There seems to be some confusion in The Northern Miner and within the investment community at large with respect to the term “layered intrusions.”In most cases, I see authors and investment commentato…
Glamis sues BLM, Babbit over Imperial project ruling
A unit of Glamis Gold (GLG-N) has filed suit against Bruce Babbitt, secretary of the Interior, the U.S. Department of the Interior and the Bureau of Land Management (BLM) after a legal opinion was use…
CDNX scrambles to recover from carnage
Vancouver — Although the high-tech meltdown was tempered by a strong rebound, the report period ended April 18 will be remembered chiefly for its carnage. The Canadian Venture Exchange lost 375.37 po…
GREATEST VALUE TRADED, April 12-18
Value($000s)HighLowCloseChangeAlcoa*N…
MEETINGS (April 24, 2000)
April 25 Goodfellow — annual, generalApril 25 Plexmar — annual, specialApril 26 Jordex — annualApril 26 McWatters — annual, generalApril 26 Northern…
Cornerstone adds to holdings
Cornerstone Resources, a junior company held by Cornerstone Capital (CTP-V), has staked 214 claims to cover prospective ground adjacent to its Red Cliff property, on the northwestern tip of the Bonavi…
Atna to review Finlayson
Atna Resources (ATN-T) has commissioned Kilborn Engineering Pacific to perform an independent, third-party review of the Finlayson project in southeastern Yukon.The review follows a recent agreement b…
Dow pulls back from big loss
The Dow Jones industrial average suffered a staggering drop during the report period ended April 18, though late-week trading cut the losses to 4.6%. The Dow ended the week down 519.66 points at 10,76…