Silver Standard cuts offer price
Silver Standard Resources (SSO-V) has revised the terms of a private placement negotiated earlier in October.Under the revised deal, the company will place 1.1 million units at $2.60 per unit, down fr…
News
Steel shipments continue fall
The U.S. shipped 68.1 million tonnes of steel during the first eight months of 2001, down 10% from the corresponding period in 2000, when 75.6 million tons were shipped.In August 2001, U.S. steel mill…
Anthrax fails to scare CDNX
Vancouver — Canada’s junior exchange posted gains on all indices during the report period ended Oct. 16, with trading volumes remaining on the light side. The Canadian Venture Exchange composite inde…
PLEASE NOTE:
We are developing a new computer program to compile our stock tables. Regrettably, this week’s tables only include one set of data for each of the major companies that are interlisted in Canada and th…
Staff Investment Policy (October 22, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Goldfields gains Centaur ground
Australian-based Goldfields has bought the Mt. Pleasant properties of insolvent gold and nickel producer Centaur Mining & Exploration from the company’s receivers.The A$42.6-million purchase consolida…
The Northern Miner — North American Mining Index (October 22, 2001)
67.37 (+0.74)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (October 22, 2001)
46.87 (+1.08)(Sept. 30/98 = 100)…
Masuparia cuts high grade at Greywacke
Vancouver — Junior Masuparia Gold (MPG-V) continues to intersect high-grade gold at its Greywacke project, 90 km northeast of La Ronge, Sask. The company is testing the continuity between gold interc…
Mustang, Implats forge ahead at River Valley
Trenching at the River Valley project in northern Ontario has uncovered more rich platinum-palladium grades for partners Mustang Minerals (YMU-V) and Impala Platinum.Each of two trenches, spaced 950 m…
Negotiations on Voisey’s Bay extended
Talks between Inco (N-T) and the Newfoundland government have been extended until year-end to give the parties more time to hammer out a development deal for the Voisey’s Bay nickel project in Labrado…
Canadian Stock Exchange Indices (October 22, 2001)
DateOct. 16Oct. 15Oct. 12Oct. 11Oct. 10HighLowTSE 30070…