Campbell completes merger
With final approvals in hand, Campbell Resources (CCH-T), MSV Resources (MSV-T) and GeoNova Explorations (GNE-M) expect to complete their proposed merger by the end of June.The deal calls fo…
News
PEOPLE (June 25, 2001)
Avalon — R.J. Anderson appointed VP finance and CFO.Canarc — Leonard Harris and Stephen Peck appointed directors.Cogema — Tim Gitzel appointed president and CEO; Vincent Martin appoint…
Correction (June 25, 2001)
A report on Majescor (MAJ-M) in our June 18-24 issue stated that on a global scale, less than 30% of kimberlites are diamondiferous, and fewer than half of all known kimberlites have been developed in…
Wawa area yields more stones
Diamond exploration in the Wawa area of Ontario has turned up the largest stone yet recovered from one project, while leading to several new discoveries at another.At the GQ property, Band-Ore Resourc…
Voisey’s Bay talks back on track
Some of the faces have changed, but Inco (N-T) and the government of Newfoundland are back at the negotiating table, trying to drum up a deal for development of the long-stalled Voisey’s Bay nickel-co…
Madrid drilling complete (June 25, 2001)
Vancouver — Having completed 95 drill holes over the Madrid portion of the Hope Bay project in Nunavut, partners Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) have expanded the Naartok and Suluk z…
The Northern Miner — North American Mining Index (June 25, 2001)
74.86 (-1.76)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (June 25, 2001)
54.47 (-2.39)(Sept. 30/98 = 100)…
GOLD FUNDS (June 25, 2001)
Gold Funds as of June 14, 2001Dundee Precious MetalsCentral FundNet Value$14.11$5.23Price$10.30$4.96…
MOST ACTIVE ISSUES, JUNE 13-19
ExchgVol(000s)HighLowCloseChangeAlcoa*N 18260 41.38 37.20 37.60 – 2.90…
Palabora prepares for long strike
Denver — Palabora Mining is settling into what could be a long strike, after negotiations failed to reach an agreement over a 3-week walkout at the Palabora copper mine in South Africa.The company, a…
Fire assaying taught in Montana
A short course in fire assaying will be held at Montana Tech, part of the University of Montana, from Aug. 19 to 24.The event, titled “Fundamentals and Applications of Fire Assay,” is being organized …