Conference sheds light on construction minerals
Toronto will host the 12th annual Canadian Conference on Markets for Industrial Minerals, scheduled for Oct. 17-18.Titled “Industrial Minerals 2000,” the event will be hosted by Victoria, B.C.-based B…
2000
Rio Tinto bids for Australia’s North Ltd.
British mining giant Rio Tinto (RTP-N) has launched a hostile US$1.7-billion takeover bid for diversified Australian miner North Limited.Rio Tinto is offering A$3.80 in cash per North share, with the …
First Quantum ups Bwana Mkubwa output
Better head grades have enabled First Quantum Minerals (FM-T) to boost copper production at its Bwana Mkubwa solvent extraction-electrowinning operation in Zambia.During the six months ended June 30, …
Stillwater hits J-M reef
After nearly two years of tunneling into the Beartooth mountains, Stillwater Mining (SWC-X) has encountered the J-M reef at the East Boulder project, 13 miles west of the Stillwater platinum-palladium…
Lisheen has eyes smiling
The recently opened Lisheen mine in southern Ireland does not contain a pot o’ gold, but there’s no shortage of zinc.The world’s fifth-largest producer of zinc and lead is an equal joint venture betwe…
Cambior mortgages Niobec to help pay lenders
Montreal-based Cambior (CBJ-T) has arranged a minimum US$13-million mortgage on its half-interest in the Niobec niobium mine in Chicoutimi, Que.The private Japanese investment company Jipangu will pro…
Stoke your engines!
Supersonic jets may one day be capable of zipping from New York to Tokyo in a couple of hours, thanks to high-velocity engines powered by, of all things, coal.Coal looks likely to be a key element in …
Dia Met finds new leader
The long search for a new president for Dia Met Minerals (DMM-T) is over; James Rothwell will take the reins in mid-August, two weeks prior to the company’s annual meeting.James Eccott, who has been p…
Toronto Stock Exchange Indices (July 03, 2000)
52-weekDateJune 27June 26June 23June 22June 21HighLowTSE 30010165.51…
Exchange Rates (July 03, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 27June 26June 23June 22June 21…
Cambiex to tie knot with Dundee
Gold explorer Cambiex Exploration (CBX-T) and closed-end investment company Dundee Precious Metals (DPM.A-T) have agreed to merge.Montreal-based Cambiex, which is changing its name to Hope Bay Gold Co…
Sunshine seeks debt relief
Yet again, Sunshine Mining & Refining (SSC-N) has pushed back the maturity date for its 8% senior exchangeable notes until June 30.The Idaho-based silver company does not have the resources to pay the…