Alcan’s Bougie bushed, packs it in
Jacques Bougie, president and chief executive officer of Alcan Aluminium (AL-T) for the past seven years, has abruptly resigned, citing a desire to step off “the treadmill.”The surprise announcement c…
Articles by Northern Miner Staff
Nuinsco to drill Bucko
A flow-through financing for $400,000 will bankroll a drilling program by Nuinsco Resources (NWI-T) at the Bucko property near Wabowden, Man.Nuinsco is to drill an electromagnetic anomaly located by a…
Newmont funds Zarafshan expansion
Denver — Having inked a US$30-million financing agreement with the European Bank for Reconstruction and Development, Newmont Mining (NEM-N) is expanding the Zarafshan joint venture in Uzbekistan.Sinc…
Placer Dome nixes African deals
Placer Dome (PDG-T) has terminated joint-venture option agreements with Channel Resources (CHU-T) and Solomon Resources (SRB-V) on the Bombore and Somifa gold projects in Burkina FasoPlacer…
Apex eyes power source for San Cristobal
Denver — Apex Silver Mines (SIL-X) is in the final stages of selecting a power supplier for the US$430-million San Cristobal silver-zinc project in Bolivia.The company has called for proposals from s…
Miners left out of market bounce
During the report period ended Jan. 16, the Toronto Stock Exchange mounted a modest recovery from the previous week, adding 171.97 points to close at 8,744. But the base metals, which had largely esca…
Canadian Stock Exchange Indices (January 22, 2001)
— 52-week –DateJan. 16Jan. 15Jan. 12Jan. 11Jan. 10HighLow…
Metal Prices (January 22, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 16Jan. 15Jan. 12Jan. 11Jan. 10Aluminium1597/15…
Scoping study for Penasquito
Vancouver — Assay results from a 4,600-metre drill program over the Penasquito base metal property in Mexico have prompted Western Copper Holdings (WTC-T) and its Lima-based partner, Mauricio Hochsch…
U of T short course set
The ever-active student chapter of the Society of Economic Geologists at the University of Toronto has arranged a short course on exploration for volcanogenic masive sulphide deposits for March 9.Enti…
Canadian Venture Exchange breaks 3000
Vancouver — Canada’s junior exchange broke through the 3000 mark during the report period ended Jan. 16, riding on the back of resource-related issues. The Canadian Venture Exchange composite index t…
GREATEST VALUE TRADED, JAN. 10-16
ExchgVal($000s)HighLowCloseChangeAlcoa*N 407167 33.56 30.62 33.56 +1.18…