News
Canadian Venture Exchange loses ground in first days
The new Canadian Venture Exchange, formed by the merger of the Vancouver and Alberta exchanges, came to life on Nov. 29. The exchange, dubbed CDNX, was launched with just under 2,500 stock listings an…
EuroZinc wraps up drilling
With results in hand from the final six holes of the 1999 drilling program, EuroZinc Mining (EZM-t) has moved another step closer to completing the final feasibility study for the Aljustrel zinc proje…
Gammon plans open pit
A second phase of drilling at the Ocampo gold-silver property in Chihuahua state, Mexico, has intersected more near-surface mineralization for Gammon Lake Resources (GAML-C).Six core holes returned be…
Producer and Dealer Prices (December 06, 1999)
Antimony: Mid-mkt US$1,105/t.Bismuth: Mid-mkt US$4.55/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$62.50/t.Cobalt: Recent trades US$13.50-15.50/lb.Copper: Comex Mar. US$0.818/lb.Indium: In…
The Northern Miner — North American Mining Index (December 06, 1999)
91.85 (-1.60)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 06, 1999)
61.97 (-1.79)(Sept. 30/98 = 100)…
Greenstone Resources peers into the abyss
With creditors demanding repayment, Greenstone Resources (GRE-T) is sinking under the weight of heavy debt.The company’s latest woes began in late July, when its US$18.7-million line-of-credit matured…
GREATEST VALUE TRADED, NOV. 24-30
Exchg Val($000s)HighLowCloseChangeBarrick GoldT 425740 29.00 26.20 26.50 -…
Latin America silver still strong
Mexico and Peru will remain the world’s largest silver producers until at least 2001, by which time they will be producing 115 million oz. and 68 million oz. per year, respectively, predicts the Washi…
No takers for $1,000 challenge
The editorial regarding the Nisga’a treaty, in your issue of Nov. 8-14, was right on. It outlines the situation precisely. The most frightening aspects, however, are the implications of follow-up agre…
Cambior looking to shed assets
In a new strategy aimed at reducing its heavy debt burden, Cambior (CBJ-T) has announced its intention to sell “substantial” gold or base metal assets, or both, and begun soliciting offers from intere…