Correction (January 08, 2001)
In a Dec. 4-10, 2000, article about Mazarin’s (MAZ-T) proposed purchases of Teck’s (TEK-T) half-interest in the Niobec mine and the major’s option to acquire a 25% interest in Niocan’s (NIO-T)…
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Rockwell explores for Brazilian PGMs
Vancouver — A private placement of 4.5 million units priced at 65 apiece has added $2.9 million to the coffers of junior Rockwell Ventures (RCW-V). The Hunter-Dickinson-led company will use the fund…
Int’l Annax expands Dairi
Australian-listed Herald Resources, the 71%-owner of International Annax Ventures (IAX-V), continues to expand the high-grade Anjing Hitam zinc-lead deposit at the Dairi project in northern Sumatra, I…
Drill to turn at Stares
Vancouver — With a 900-metre drill program set to begin on their jointly owned Stares-Calvert massive sulphide property in Ontario, RJK Explorations (RJX.A-V) and Greater Lenora Resources (GEN-T) hav…
SouthernEra sells flow-through shares
Toronto-based SouthernEra Resources (SUF-T) has raised $1.65 million for domestic exploration.The company issued 733,333 units at $2.25 apiece, or roughly 18% above its current share price. Each unit …
MOST ACTIVE ISSUES, DEC. 27-JAN. 2
ExchgVol(000s)HighLowCloseChangeAlcoa*N 10744 34.75 31.88 32.25 -2.31…
Dow begins year on down beat
Denver — During the holiday-shortened report period Dec. 27, 2000-Jan. 2, 2001, U.S. markets showed little movement: the Dow Jones industrial average began the first trading day of 2001 down 1.3%, wh…
GREATEST VALUE TRADED, DEC. 27-JAN. 2
ExchgVal($000s)HighLowCloseChangeAlcoa*N 346500 34.75 31.88 32.25 -2.31…
NDT encouraged by Antana results
A first pass of drilling at the Antana gold prospect in southern Peru has returned some highly encouraging numbers for NDT Ventures (NDE-V), including 86 metres grading 1.46 grams gold per tonne.NDT t…
Flow-through share financings benefit Canuck juniors
Vancouver — Companies with Canadian projects are finding willing investors for flow-through share issues, which provide investors with tax deductions on exploration expenses.- Canabrava Diamond (CNB-…
Freeport returns Grasberg to full capacity
Denver — Freeport-McMoRan Copper & Gold (FCX-N) has returned the Grasberg mine in Indonesia to capacity.Throughput at the giant copper-gold complex, situated in Irian Jaya, had been limited to 200,00…
Storliden deposit green-lighted
Swedish-listed North Atlantic Natural Resources, in which Boliden (BOL-T) and South Atlantic Resources (SCQ-V) each own a 38% equity stake, has resolved a dispute pertaining to the environmenta…