Staff Investment Policy (January 01, 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…
News
Gabriel exec cashes in warrants
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Copper Ridge Explorations (KRX-V) — Gerald Carlson, director, bought 3,50…
Orval Gillespie
Orval Gillespie, chairman and chief executive officer of Vancouver-based Globaltex Industries, has died. He was 69.In the 1950s, Gillespie first worked as a diamond driller in the Maritimes and then m…
Royal secures US$10m
Denver — Royal Gold (RGLD-Q) has reached an agreement with HSBC Bank USA for US$10 million in financing. The funds will be used to acquire royalty assets.The financing will be secured by a mortgage o…
All flat on the western front
Vancouver — Canada’s junior exchange remained flat leading up to the Christmas holidays. For the 3-day report period ended Dec. 26, the Canadian Venture Exchange composite index was relatively unchan…
Canadian Stock Exchange Indices (January 01, 2001)
— 52-week –DateDec. 26Dec. 25Dec. 22Dec. 21Dec. 20High…
Goldbanks Mines defunct; Opemisca Explorers became Campbell Resources
After perusing some old files of my late father and grandmother, I came across some certificates from Goldbanks Mines and Goldbanks Kirkland Mines. I would like to do a search of this company but am n…
Cumberland gets $1.3m
Cumberland Resources (cbd-t) has closed a private placement for 1.2 million units that will bring in about $1.3 million for work at the Meadowbank gold project in Nunavut.A million of the units are be…
Discoveries by McWatters, Noranda highlight 2000
The dreary state of metal markets failed to deter several domestic explorers from advancing their projects in 2000. Leading the pack was McWatters Mining, which began the year with a fourfold increase…
Rio outlines diamond project
Denver — Rio Tinto (RTP-N) has tabled a new resource estimate for the Murowa diamond project in south-central Zimbabwe.A feasibility study confirms the presence of mineralization in three kimberlites…
Porcupine Reef posts banner year
For Porcupine Reef Gold Mines, 1950 was not just a good year; it was its best year ever.The mine owes much of its success to the recovery of higher-grade ore during the past 12 months. Porcupine avera…
Mergers dominate lacklustre year in US mining
Denver — The year 2000 began on a note of optimism for mining in the U.S. The Washington Agreement, an accord of Europe’s top bullion-holders that aims to regulate and limit sales, promised to revive…