2000

CDNX grabs bull by horns

Canada’s junior exchange ended the report period Aug. 23-29 on a high note, with all indices posting gains. The Canadian Venture Exchange composite index jumped 64.61 points, or 1.9%, to finish the we…


Billiton outbids Noranda offer

An international takeover battle for Rio Algom (RIO-T) is brewing in the form of a $1.7-billion offer by British conglomerate Billiton. The bid trumps an earlier one by Noranda (NOR-T) to the t…



Metal Prices (September 04, 2000)

DateAug. 29Aug. 288Aug. 25Aug. 24Aug. 23BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…


Richmont in black again

A second good quarter is the reward for the bookkeeping adjustments made in 1999 by small gold producer Richmont Mines (RIC-T).Richmont, which operates gold mines in Quebec and Newfoundland, earned $1…


Klipspringer gets nod

A long-anticipated feasibility study on the Klipspringer diamond project in South Africa envisions a 336,000-tonne-per-year operation cranking out 1.69 million carats over 11 years.Since 1997, Souther…


Billiton trumps Noranda’s bid for Rio Algom

The big story during the Aug. 23-29 report period was the surprise $1.7-billion ($27 per share) cash offer for Rio Algom by British giant Billiton, which currently produces aluminum, iron ore, nickel …



Can-Cal objects to Miner’s comments

We have read your comments in the “Query” column responding to a letter regarding Can-Cal Resources Ltd. We regret to say that your comments are factually incorrect and, as a result, your negative ref…



Temex options Temagami bet

Toronto-based junior Temex Resources (TEMX-C) has entered into an agreement with Teck (TEK-T) to acquire the 81-ha Diadem/O’Connor base metal property in Strathcona Twp., near Temagami, Ont.Temex can …


Golden Star adds to holdings in Ghana

Golden Star Resources (GSR-X) has consolidated its position around the Bogoso gold mine in Ghana by signing a letter-of- intent to acquire a 90% stake in the nearby Prestea property.South Africa’s JCI…


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