North options Nevada property
Australia’s North Mining can acquire a 51% stake in the Antone Canyon gold project in Nevada from Royal Standard Minerals (RSM-M). In return, the major is required to spend US$2 million and outline a …
1999
GREATEST VALUE TRADED, Sept 1-7
ExchgVal($000’s)HighLowCloseChangeAlcoa*N234540…
TSE INDICES (September 13, 1999)
1999Sep. 7Sep. 6Sep. 3Sep. 2Sep. 1HighLowComposit…
MINING MARKETS & INVESTMENT NEWS — U.S MARKETS — Copper prices pull producers higher
The Dow Jones industrial average climbed 204.85 points, or 1.9%, to close at 11,034.13 for the report period ended Sept. 7.Copper miners led the charge as the price of the red metal on the Comex divis…
Rubicon hits more sulphides at Palmer (September 13, 1999)
Junior Rubicon Minerals (RMX-V) has intersected more sulphides while testing the RW zone at its wholly owned Palmer project, near Haines, Alaska.Partial results from hole 12 returned an 8.3-ft. interv…
New exchange moves closer to operation
The planned restructuring of Canada’s stock exchanges has taken another step forward, with the announcement that the merged Vancouver and Alberta exchanges will be called the Canadian Venture Exchange…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Drill results add fuel to Vancouver exchange
The Vancouver Stock Exchange composite index was up 4.33 points, or 1.1%, to close the holiday-shortened report period Sept. 1-7 at 412.21. The mining index edged up 5.59 points, or 2.1%, to finish at…
EDITORIAL & OPINION — COMMENTARY — Old hand in new position
Pundits are still analyzing what Prime Minister Jean Chretien’s Aug. 10 cabinet shuffle means for the next election. Does the shuffle, which saw the appointment of five new cabinet ministers, mean tha…
Uranium powers Cameco’s second quarter
Cameco (CCO-T) posted increased revenue and respectable earnings during the latest quarter, despite decreases in the price of its two major products: gold and uranium.During the first six months of 19…
Homestake settles Whitewood wrangle — Controversy over former superfund site dates back 16 years
A legal dispute that pitted the U.S. and South Dakota governments and a native band against Homestake Mining over the discharge of tailings into a local stream has been settled with a US$6-million pay…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE makes gains as royalty sisters prepare to merge
Regaining half of what it lost in the previous period, the Toronto Stock Exchange 300 index rose 87.69 points during the holiday-shortened period Sept. 1-7 to end at 7,058.50.Gold continued an upward …
Companies (September 13, 1999)
AnglogoldAtna ResourcesBattle Mountain GoldBattle MountainBirim GoldfieldsBlue Lightning VenturesBotswana DiamondfieldsCambiorCamecoCanabrava DiamondComincoCorner Bay MineralsCorum Resourc…