Poling to talk waste management
Vancouver — George Poling, Sr., vice-president of Rescan Environmental Services, will deliver a talk on waste management and closure at the Island polymetallic mine, situated on Vancouver Island, Bri…
News
Steel giant files for bankruptcy
Bethlehem Steel, the second-largest steel producer in the U.S., has filed for bankruptcy.The move is designed to stabilize its finances and develop a plan to return to profitability. In the meantime, …
Cornerstone to drill Princess
Cornerstone Capital Resources (CTP-V) is starting a 12-hole drill program on its Princess property on the Bonavista Peninsula in Newfoundland.Cornerstone will be drilling targets outlined in earlier g…
Geomaque creditors take shares in lieu of cash
The financial restructuring of junior gold producer Geomaque Explorations (GEO-T) made significant progress as three trade creditors agreed to take shares in payment of debts.Geomaque’s principal lend…
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…
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)…