PEOPLE (August 13, 2001)
Candor Ventures — Terrence Fisher appointed chairman; Paul Chamois appointed president and director; Patrick Reid appointed secretary and director.Guyanor Resources — Michel Juilland appointed pres…
News
Obituary – Ian Bayer
Ian Bayer, former president and chief executive officer of Battle Mountain Gold and Hemlo Gold Mines, has died. He was 62.Bayer was born in Sydney, N.S., in 1939 and graduated from Acadia University. …
News – 13-AUG-01
Affinity group fraud
Among the more notorious scams that occurred in Arizona was a 1980s scheme centred on operations at a suspect gold mine near Rich Hill, northwest of Wickenburg. Phoenix-based Tracon International sold…
Gold Funds (August 13, 2001)
Gold Funds as of August 2, 2001Dundee Precious MetalsCentral FundNet Value$13.30$5.14Price$9.35$4.69…
Staff Investment Policy (August 13, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Northern Miner Indices (August 13, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
TSE Shorts (August 13, 2001)
Short positions outstanding at July 31, 2001Larger individual positions include:Agnico-Eagle 399893 up 193974; Alcan Inc. 1179917 down 135266; Anderson 5,367,864 up 741,970; Barr…
Placer’s Cristinas deal stirs up controversy
Although trading volumes were low during the holiday-shortened report period of Aug. 1-7, there were nonetheless several developments in the Canadian mining scene.Reuters reported that Venezuelan stat…
Mining index leads rally for CDNX
Trading on Canada’s junior exchange perked up during the holiday-shortened week. The Canadian Venture Exchange composite index closed the period ended Aug. 7 at 3098.27, up 35.26 points (or 1.1%). The…
Twin cuts pipe at Jackson Inlet
Drilling on the Jackson Inlet property at Baffin Island in Nunavut has uncovered a kimberlite known as Cargo 1.Twin Mining (TWG-T) recovered 83.2 metres of kimberlite from the first hole drilled into …
Ivanhoe accelerates Mongolian exploration
Impressed by results to date, Ivanhoe Mines (IVN-T) has decided to drill another 16,000 metres at its Turquoise Hill copper-gold porphyry project in southern Mongolia.Situated 560 km south of the capi…