Ivanhoe converts loans into shares
Singapore-based Ivanhoe Mines (IVN-T) has convert the bulk of certain outstanding loans owed by ABM Mining, its who…
2002
MOST ACTIVE ISSUES, DEC. 21-31
ExchgVol(000s)HighLowCloseChangeAlcoa*N1456536.4534.0035.55+0.63…
DRC tables new Afton resource (January 07, 2002)
Vancouver — Deeper drilling by DRC Resources (DRC-V) has boosted the mineral resource at the past-producing Afton copper-gold mine in British Columbia.The addition of 26 diamond drill holes has incre…
TSE enters new year with a bang
Having lost 14% of its value last year, the Toronto Stock Exchange 300 index began the slow road to recovery with a gain of 163.11 points, or 2.2%, over the Dec. 21-Jan. 1 report period. The benchmark…
Daily Metal Prices (January 07, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 1Dec. 31Dec. 28Dec. 27Dec. 26Aluminium…
Stainless watches gain market share
Despite the popularity of electronic watches and the prediction that they would completely replace traditional mechanical watches, the latter have survived and are making a strong comeback, especially…
Canaccord sees recovery ahead in 2002
With the U.S. economy offically in recession, Canaccord Capital base metals analyst Roger Chaplin is already looking to a turnaround that should propel base metal prices and stocks higher in the year …
Saskatchewan halves fees
Recording fees for mineral permits in Saskatchewan will be cut in half to 15 from 30 per hectare in order to encourage exploration.In addition, cash deposits for new permits will be reduced to $15,0…
MAC cited for reporting standards
The Mining Association of Canada (MAC) has been cited for its high standards in reporting on the industry’s reduction of greenhouse gas (GHG) emissions.The acknowledgment was made by the Ottawa-based …
Land-use planning in BC
The government of British Columbia has changed its approach to the Land and Resource Management Planning (LRMP) process, and as a result, the province’s mining industry has returned to the land-use pl…
The Northern Miner — North American Mining Index (January 07, 2002)
70.79 (+3.70)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (January 07, 2002)
49.22 (+2.84)(Sept. 30/98 = 100)…