Canadian mining: leaders in productivity
An information bulletin from Natural Resources Canada states that annual productivity growth in the country’s minerals and metals sector exceeded that of the total economy between 1984 and 1998.(The m…
Articles by Northern Miner Staff
CDNX grabs bull by horns
Canada’s junior exchange ended the report period Aug. 23-29 on a high note, with all indices posting gains. The Canadian Venture Exchange composite index jumped 64.61 points, or 1.9%, to finish the we…
Canadian Stock Exchange Indices (September 04, 2000)
DateAug. 29Aug. 288Aug. 25Aug. 24Aug. 23HighLowTSE 300111…
Richmont in black again
A second good quarter is the reward for the bookkeeping adjustments made in 1999 by small gold producer Richmont Mines (RIC-T).Richmont, which operates gold mines in Quebec and Newfoundland, earned $1…
Billiton trumps Noranda’s bid for Rio Algom
The big story during the Aug. 23-29 report period was the surprise $1.7-billion ($27 per share) cash offer for Rio Algom by British giant Billiton, which currently produces aluminum, iron ore, nickel …
News – 04-SEP-00
Can-Cal objects to Miner’s comments
We have read your comments in the “Query” column responding to a letter regarding Can-Cal Resources Ltd. We regret to say that your comments are factually incorrect and, as a result, your negative ref…
The Northern Miner — North American Mining Index (September 04, 2000)
68.78 (+0.09)(Sept. 30/98 = 100)…
Temex options Temagami bet
Toronto-based junior Temex Resources (TEMX-C) has entered into an agreement with Teck (TEK-T) to acquire the 81-ha Diadem/O’Connor base metal property in Strathcona Twp., near Temagami, Ont.Temex can …
Dow slows before holiday
The Dow Jones industrial average edged up 75.95 points, or 0.7%, during the report period ended Aug. 29 to close at 11,215.10. Trading, however, was light in anticipation of the Labour Day holiday.The…
Nelson mired in red ink
Despite higher production and lower costs, Nelson Gold (NLG-T) reported a net loss of US$421,000 on revenue of US$3.4 million for the three months ended June 30.In the comparable period of 1999, the c…
Volcanic island under study
Geologists have known about the relationship between volcanic action and precious metals deposits for a long time. Now, for the first time, a team of scientists is watching the formation of a volcanic…