Copper, zinc demand rose in ’99
Demand for base metals increased in 1999, according to World Mineral Statistics 1995-1999, a compilation of mineral and metals data published by the British Geological Survey (BGS).Copper and zinc far…
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Nasdaq takes yet another tumble
Denver — After a brief respite, the Dow Jones industrial average continued its downward spiral during the report period ended April 3, tumbling 461.83 points, or 4.6%, to 9485.71. Meanwhile, the Nasd…
FMR expands Agnico-Eagle, Meridian holdings
The following insider trading transactions were recently reported in the Ontario Securities Commission’s OSC Bulletin:- Agnico-Eagle Mines (AGE-T) — FRM Corp., which owns more than 10% of the company…
GREATEST VALUE TRADED, MAR. 21-27
Value($000s)HighLowCloseChangeAlcoa*N…
LME Warehouse Levels (April 02, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 27/01 (change from March 20 in brackets):Aluminium476800(-1000)…
Namco wards off liquidators
Namibian Minerals (NMR-T) has raised US$9.4 million in a private placement and brokered a long-term marketing agreement to ward off bankruptcy.The company was forced to halt its marine diamond product…
News – 02-APR-01 (April 02, 2001)
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Seahawk tables resource
Vancouver — The Piteiras emerald prospect in eastern Brazil contains 789,000 tonnes grading 112 carats per tonne, according to an independent estimate.Denver-based Seahawk Minerals (SKM-V) reports th…
Amendments proposed for Environmental Act
The federal government has tabled amendments to the Canadian Environmental Assessment Act (CEAA).The changes, which are based on recommendations of the Regulatory Advisory Committee (RAC), are support…
Rio sells North’s forestry assets
Denver — Rio Tinto (RTP-N) has unloaded a forestry products subsidiary onto a Tasmanian company for A$335 million in cash, which could be used to sweeten the bid for the Labrador Iron Ore Royalty Inc…
PEOPLE (April 02, 2001)
Armistice Resources — J.R. Woods appointed director.Asia Pacific — Robert Connochie appointed chairman and CEO.CanAlaska — Felix Kaminsky appointed technical director.Expat…
Boliden, North Atlantic open portal at Storliden
Partners Boliden (BOL-T) and North Atlantic Natural Resources (NAN) have begun development work at the Storliden copper-zinc deposit in northern Sweden.NAN is a Swedish-listed company in which Boliden…