Solitario, Altoro show urge to merge
Solitario Resources (SLR-T) has replaced its takeover bid for Altoro Gold (ATG-V) with an agreement unanimously approved by both boards of directors.Under the plan, shareholders of Altoro will exchang…
2000
Canadian Stock Exchange Indices (August 14, 2000)
DateAug. 8Aug. 7Aug. 4Aug. 3Aug. 2HighLowTSE 30010858.72Holiday10567.53…
MEETINGS (August 14, 2000)
Aug. 16 Menika — annual; 2 p.m., Ste 900, 525 Seymour St., VancouverAug. 17 Fairstar — annual, special; 4 p.m., Ste. 502, 3883 St-Jean Blvd., Dollard des OrmeauxAug. 17 Hathor Expl. –…
EVENTS (August 14, 2000)
Aug. 17-21 Environmental Geotechnology and Global Sustainable Development — 5th Int’l Symposium. Belo Horizonte, Brazil. Tel: +55 31 238-1742. Fax: +55 31 238-1793.Aug. 21-23, — Strategic Mine Plann…
Partners renew search for Nunavut gold
With several targets left to test, partners Hope Bay Gold (HGC-T) and Miramar Mining (MAE-T) have renewed exploration at their Hope Bay gold property in Nunavut.The Hope Bay property covers nearly the…
Royal’s Greek project hits snag
The Greek government has pulled the plug on exploration at the Midas gold project on Milos island. The country’s environment ministry rejected the environmental impact study for the project, on the gr…
Copper, aluminum take a tumble
Trading data from the Commodity Futures Trading Commission indicate that speculative interest in copper is at its highest level in the past six months, so markets could be vulnerable to long liquidati…
Stillwater viewed as possible takeover target Investment Commentary
The expansion program that was supposed to boost the fortunes of Stillwater Mining (SWC-A) is 18 months behind schedule and still not free of problems, prompting some analysts to speculate that the wi…
Teck buoyed by Cominco
Cominco’s (CLT-T) solid financial performance helped support Teck (TEK-T) during the recent second quarter.Teck tabled earnings of $11 million (or 10 per share) on revenue of $158 million, compared w…
Coeur d’Alene sees silver production jump 40% Samira Hill
Despite a 42% boost in silver production to 3 million oz., Coeur d’Alene Mines (CDE-N) posted a loss for the second quarter.The company reported a loss of US$10.5 million (or 28 per share) for the pe…
GAC-MAC 2001 set for St. John’s
The Geological Association of Canada and the Mineralogical Association of Canada will be holding their joint annual meeting for the year 2001 in St. John’s, Nfld.The meeting, the country’s principal a…
Tahera completes financing
Diamond explorer Tahera (TAH-T) will get a $13-million cash infusion from Australian mining financier Joseph Gutnick, pursuant to an equity deal announced in early June.Edensor Nominees, trustee of a …