Canadian Stock Exchange indices
DateDec. 5Dec. 4Dec. 1Nov. 30Nov. 29HighLowTSE 3009279.048944.70…
News
VBN redemption gets nod
At a special meeting in Toronto, shareholders of Inco’s (N-T) Class VBN shares (NV-T) voted in favour of amending the terms of the shares, thereby accepting a redemption offer from Inco.The company ca…
REGULAR DEPARTMENTS (December 11, 2000)
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Newmont merger approved
The U.S. Securities and Exchange Commission has approved the proposed merger between Battle Mountain Gold (BMG-N) and Newmont Mining (NEM-N).Battle Mountain has scheduled an extraordinary shareholders…
Conrad Hach
Conrad Hache, president and chief executive officer of Toronto-based River Gold Mines, has died. He was 57.Beginning in 1962, Hach worked his way through various mining projects, holding such titles …
Atna rated a speculative buy
Tax-loss selling at this time of year typically creates a seasonal weakness that many speculative investors use to their advantage, to bottom-feed on the junior resource sector.At 40-42, Atna Resourc…
Hucamp sampling picks up PGEs
Sampling by Hucamp Mines (YHU-V) at the Alexo and Dundonald South properties, about 40 km northeast of Timmins, has returned platinum and palladium values from two known nickel deposits.Hucamp, which …
Staff Investment Policy (December 11, 2000)
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…
Market rally lifts base metal majors
Triggered by hints of lower interest rates and an end to the election quagmire in the U.S., stocks on the Toronto market enjoyed a broad rally, with the TSE 300 index up a whopping 4% over the Nov. 29…
Francisco steps up drilling at Marlin
Vancouver — With a second round of drilling under way at its promising Marlin prospect in Western Guatemala, junior Francisco Gold (FGX-V) has tabled impressive gold-silver grades from a roadcut sout…
Int’l Annax expands high-grade zone
Junior International Annax Ventures (IAX-V) has extended the southern boundary of the main zone of stratiform massive sulphide mineralization at the Dairi project in northwestern Sumatra, Indonesia.A …
Higher prices offset low volumes
The report period Nov. 27-Dec. 1 saw most London Metal Exchange (LME) metals hold on to gains made late in the previous week. Nickel, aluminum and copper were the main climbers, with weekly average pr…