Mining mergers assume ‘victim or vulture’ theme
As mining deals get bigger and the pace of consolidation accelerates, the emerging trend might best be described as “victim or vulture,” says London-based analyst Jack Jones of CIBC World Markets.”Thi…
News
Western Pacific eyes D’Aguilar
Edmonton-based Western Pacific Gold (WPI-V) has taken a shine to the D’Aguilar gold mine project, 40 km west of Gympie in southeast Queensland, Australia.The junior recently signed an agreement with t…
Kvaerner wins safety award
Kvaerner, the London-based engineering and construction group, has received a safety award for its work at the El Tesoro copper project, near Antofagasta, Chile.The award, presented by the local, non-…
Northern Miner Indices (April 09, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
DiamondWorks completes Lyndhurst transaction
Following a 20-to-1 share consolidation, DiamondWorks (dmw-t) has completed a restructuring agreement with Lyndhurst, a privately held, British-based mining holding company.Under the deal, DiamondWork…
PEOPLE (April 02, 2001)
Armistice Resources — J.R. Woods appointed director.Asia Pacific — Robert Connochie appointed chairman and CEO.CanAlaska — Felix Kaminsky appointed technical director.Expat…
Gold Funds (April 02, 2001)
Gold Funds as of March 22, 2001Dundee Precious MetalsCentral FundNet Value$12.06$5.27Price…
Slumping copper typical of base metals complex
The report period March 19-23 was a mixed one for base metals, as markets were dominated by collapsing global equities values. Copper prices continued in the steep downtrend established in early March…
News – 02-APR-01 (April 02, 2001)
REGULAR DEPARTMENTSCareers11Classified15Drillers14Editorial4Metal Prices9Metals Commentary10Commentary4Odds ‘N’ Sods4Professional Directory12, 13Stock Tables7-9Subscription Services15MEETIN…
Boliden, North Atlantic open portal at Storliden
Partners Boliden (BOL-T) and North Atlantic Natural Resources (NAN) have begun development work at the Storliden copper-zinc deposit in northern Sweden.NAN is a Swedish-listed company in which Boliden…
Odds ‘n’ sods: A tribute to my father
The Pronto mine proved to be an integral and necessary chapter of the Elliot Lake story. Because of the mine’s relatively small-sized orebody and location, it was quickly overshadowed by the larger an…
Amendments proposed for Environmental Act
The federal government has tabled amendments to the Canadian Environmental Assessment Act (CEAA).The changes, which are based on recommendations of the Regulatory Advisory Committee (RAC), are support…