Billiton trumps Noranda’s bid for Rio Algom
The big story during the Aug. 23-29 report period was the surprise $1.7-billion ($27 per share) cash offer for Rio Algom by British giant Billiton, which currently produces aluminum, iron ore, nickel …
News
News – 04-SEP-00
Can-Cal objects to Miner’s comments
We have read your comments in the “Query” column responding to a letter regarding Can-Cal Resources Ltd. We regret to say that your comments are factually incorrect and, as a result, your negative ref…
The Northern Miner — North American Mining Index (September 04, 2000)
68.78 (+0.09)(Sept. 30/98 = 100)…
Temex options Temagami bet
Toronto-based junior Temex Resources (TEMX-C) has entered into an agreement with Teck (TEK-T) to acquire the 81-ha Diadem/O’Connor base metal property in Strathcona Twp., near Temagami, Ont.Temex can …
Golden Star adds to holdings in Ghana
Golden Star Resources (GSR-X) has consolidated its position around the Bogoso gold mine in Ghana by signing a letter-of- intent to acquire a 90% stake in the nearby Prestea property.South Africa’s JCI…
Dow slows before holiday
The Dow Jones industrial average edged up 75.95 points, or 0.7%, during the report period ended Aug. 29 to close at 11,215.10. Trading, however, was light in anticipation of the Labour Day holiday.The…
Silver in high demand
In 1999, for the first time in five years, silver production did not increase but rather declined, according to World Silver Survey 2000, published by the Washington, D.C.-based Silver Institute.The d…
Ivanhoe adds sparkle to Great Basin Investment Commentary
The old adage that the best place to look for gold is near a gold mine is proving true for Great Basin Gold (gbg-v), which has reported some high-grade intercepts from its wholly owned Ivanhoe project…
EVENTS (August 28, 2000)
Aug. 30-Sept.1 Geoanalysis 2000 — 4th Int’l Conference on the Analysis of Geological and Environmental Materials. Contact: Jean Carignan. Tel: +33 3 83 59-42-17. Fax: +33 3 83 51-17-98.Aug. 31-Sept. …
Reefton gold project gets restart
After years of putting development of the Reefton Goldfields on the back-burner, Gold Resources and Development (GRD), based in Perth, Australia, has committed A$2.4 million to advancing a new gold mi…
Redhawk revisits Reeves MacDonald
With its eye on the zinc oxide potential of the past-producing Reeves MacDonald and Annex mine properties, Redhawk Resources (RDK-V) has spent the past five years assembling a large land package that …