TSE Short Positions (January 15, 2001)
Short positions outstanding at December 31, 2000Abitibi-Consolidated Inc. 1,007,500 up 777,341; Alcan Aluminium Ltd. 552,334 up 256,600; Anderson Exploration Ltd. 1,402,800 down 149,533;…
Articles by Northern Miner Staff
Afri-Can Minerals completes surveys in Namibia (January 15, 2001)
Montreal-based Afri-Can Marine Minerals (AFA-M), formerly known as Nora Exploration, has completed aerial and marine geophysical surveys of blocks J and B at its marine diamond concession north of Lud…
Falco counters union complaint
Falconbridge (FL-T) has filed a detailed response to a charge of unfair labour practices lodged by Canadian Auto Workers (CAW) union local 598 in Sudbury, Ont.A company spokesman says the union’s comp…
Rio Tinto options gold target in French Guiana
Denver — Rio Tinto Mining & Exploration, a subsidiary of London-based Rio Tinto (RTP-N), has inked a deal with Guyanor Ressources (GRL.B-T) and Golden Star Resources (GSR-X) to explore the Pau…
Ivanhoe gets nod for merger with ABM
Shareholders of Ivanhoe Mines (IVN-T) overwhelmingly approved a merger with ABM Mining that will create an international mining company with copper operations in Myanmar (formerly Burma) and iron-ore …
Sarmin goes public as TGW
Sarmin Exploration, a private Ontario company with an exploration portfolio in the Dominican Republic, has begun trading publicly following a reverse-takeover of Quebec-based Boreal Exploration (BOR-M…
Palladium shoots past US$1,000-per-oz. mark
Palladium was the bright light among the precious metals during the Jan. 3-9 report period, at last cracking the US$1,000-per-oz. barrier to reach a record high of US$1,047 per oz. Prices for palladiu…
Rate cut can’t stop slide
Denver — The sudden interest rate cut by the U.S. Federal Reserve put a charge into the market on Jan. 3, only to see record-setting gains evaporate. The market finished the report period ended Jan. …
CDNX posts gains on all fronts
Vancouver — With the mining index leading the way, Canada’s junior exchange posted gains on all indices during the report period ended Jan. 9. The Canadian Venture Exchange composite index tacked on …
Camafuca study recommends mining
The partners in the Camafuca diamond project in Angola have accepted a feasibility study that says initial mining of part of the weathered kimberlite resource can be profitable.The study, provided by …
Marine miner suffers setback
NamSSol, the first-generation seabed crawler of marine diamond miner Namibian Minerals (NMR-T), was damaged while being recovered from the seabed to the support vessel MV Kovambo.NamSSol was operating…
Aurora uses Inco data to pinpoint targets
Vancouver — Aurora Platinum (ARP-V) will pay Inco (N-T) for the use of data culled from more than 54,000 line km of proprietary electromagnetic and magnetic airborne surveys.Included in the package a…