Torngat yields larger gems
The AD2 site at Twin Mining’s (TWG-T) Torngat diamond property, on the Ungava Peninsula of northern Quebec, has yielded its largest diamond yet.AD2 is one of two sites from which 8-tonne samples of th…
News
Falco cuts Kidd output
Production has been halted by Falconbridge (FL-T) at a portion of its Kidd Creek copper-zinc operation, in Timmins, Ont., following a ground movement after blasting late last year.The company says pro…
Tan Range cuts new zones at Luhala
Channel sampling on Tan Range Explorations’s (TNX-V) Luhala gold property in Tanzania has turned up eight new mineralized zones in an area measuring 550 by 150 metres.The zones run parallel to each ot…
The Northern Miner — North American Mining Index (January 29, 2001)
73.75 (+2.14)(Sept. 30/98 = 100)…
SouthernEra beefs up management, reduces debt
In a move aimed at strengthen- ing its operations, SouthernEra Resources (SUF-T) has appointed two South African miners to run the company.SouthernEra has been searching for new chief executive and op…
Gold shines through auction
Denver — The Dow Jones industrial average was quiet during the report period ended Jan. 23, moving down 9.85 points, or 0.1%, to 10,649.81, while spot gold perked up to US$266.10 on the Comex divisio…
Low prices hit Placer Dome
The harsh realities of operating gold mines in a stagnant low-price environment have forced Placer Dome (PDG-T) to write down the value of certain assets and reduce reserves and resources at various e…
MOST ACTIVE ISSUES, JAN. 17-23
ExchgVol(000s)HighLowCloseChangeAlcoa*N 13461 34.81 31.81 33.94 +0.38…
Canadian Mining Hall of Fame salutes six
Scientific excellence and technical creativity were the centrepieces at the annual induction ceremony and dinner of the Canadian Mining Hall of Fame in mid-January, with six inductees that were all mo…
GREATEST VALUE TRADED, JAN. 17-23
ExchgVal($000s)HighLowCloseChangeAlcoa*N 456863 34.81 31.81 33.94 +0.38…
Sirios finances exploration
Junior Sirios Resources (SOI-M) has completed the first portion of a public financing, raising $569,000 by placing 554 A units and 15 B units.As a result, more than 2.8 million shares will be issued a…
Canadian Stock Exchange Indices (January 29, 2001)
DateJan. 23Jan. 22Jan. 19Jan. 18Jan. 17HighLowTSE 30…