CDNX rides the hi-tech bull
The Canadian Venture Exchange broke a new record in the report period ended Jan. 25, gaining 174.37 points, or 6.26%, and closing at 2,785.82. Hi-tech and Internet stocks continued to dominate the mos…
2000
BacTech, partners test copper bio-leaching
Toronto-based BacTech Metallurgical Solutions (BACO-C) is about to reach a milestone in northeastern Mexico as it prepares to build a pilot plant capable of treating copper ore using bacterial oxidati…
CORRECTION (January 31, 2000)
Goldcorp (G-T) has US$45 million in cash and short-term assets. Incorrect information appeared in our Jan. 24 issue.
Altoro expands Esbarro prospect
The remaining 13 holes of an 18-hole drill program at the Pedra Branca platinum-palladium project in northeastern Brazil have returned encouraging values for Altoro Gold (ATG-V).Targeting near-surface…
Nevada tops for mining investment
For the second straight year, an international survey of mining companies has concluded that Nevada is the best place for mineral investment.The survey rated regions chiefly in terms of how confident …
Foran advances McIlvenna
Deep drilling by Foran Mining (FOM-V) at its McIlvenna Bay zinc-copper-gold deposit in Saskatchewan continues to intersect polymetallic mineralization.Hole 120A, drilled near the western edge of the d…
Battle for Dukat project heats up
An arbitration court in the northeastern Russian region of Magadan has agreed to hear a case aimed at overturning Moscow-based Kaskol Group’s winning bid for assets of the Dukat silver mine. The rulin…
Funds buy on expected demand strength
Fund enthusiasm for base metals continued unabated in the report period Jan. 17-21. Large volumes of speculative money flowed into the market, pushing both copper and aluminum to fresh peaks for the c…
Producer and Dealer Prices (January 31, 2000)
Antimony: Mid-mkt US$1,200/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.70-15.60/lb.Copper: Comex Mar. US$0.8425/lb.Indium: I…
MEETINGS (January 31, 2000)
Feb 1 Canaustra — annual, generalFeb 1 Condor — annual, generalFeb 2 Arena — annual, specialFeb 2 Donrand — general, specialFeb 2 Hixon –…
Diavik refused permit
Canada’s Department of Indian Affairs and Northern Development (DIAND) has refused to issue Aber Resources (ABZ-T) and London-based Rio Tinto (RTP-N) an interim land use permit for the US$1.3-billion …
MOST ACTIVE ISSUES, JAN. 19-25
Vol(000s)HighLowCloseChangeWilliam ResT 51562 0.07 0.03 0.07 + 0.04…