TSE INDICES (August 07, 2000)
DateAug. 1July 31July 28July 27July 26HighLowTSE 30010352.8610406.3110342.9810696.2310916.0710983.296717.51Mines & Minerals3455.493392.123345.593357.943328.754851.753214.40…
News
Barrick nabs Pangea
Shareholders of Pangea Goldfields (PGD-T) have overwhelmingly accepted a takeover bid by Barrick Gold (ABX-T), tendering more than 90% of their common shares.Barrick paid $7 for each share and is now …
MEETINGS (August 07, 2000)
Aug. 15 Anatolia — annual, specialAug. 15 Cheni Res. — annual, special; 9 a.m., Ste. 5300, Commerce Court W., 199 Bay St., TorontoAug. 15 Goldnev — annual, general; 9:30 a.m., Ste. 250…
MOST ACTIVE ISSUES, July 26-Aug. 1
ExchgVol(000s)HighLowCloseChangeAlcoa*N 11088 32.12 29.56 31.06 -…
Northern Miner Indices (August 07, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoR…
Niocan
A strike at the Klipspringer diamond project in South Africa has forced SouthernEra Resources (SUF-T) to suspend underground development of the Leopard fissure.According to SouthernEra, the union want…
EVENTS (August 07, 2000)
Aug. 17-21 Environmental Geotechnology and Global Sustainable Development — 5th Int’l Symposium. Belo Horizonte, Brazil. Tel: +55 31 238-1742. Fax: +55 31 238-1793.Aug. 21-23, — Strategic Mine Plann…
Quebec greenlights Niocan’s Oka project
Quebec’s Ministry of Natural Resources has granted a mining permit to Montreal-based Niocan (NIO-T) for the Oka niobium project, west of Montreal.A feasibility study, completed two years ago, proposes…
Analyst lauds Copper Ridge for innovation in tough time Investment Commentary
Old mining properties never die; they just get recycled . . . or so goes an industry adage. And that means someone was bound to dust off the Howard’s Pass zinc deposit, which didn’t quite make the roc…
Real investors need real products
Comparing second-quarter financial results of Canada’s major mining and high-tech companies, as reported by the financial press in the week of July 23, reveals some interesting trends. Even comparing …
New results spur Snap Lake battle
Following a brief period of peace in the battle for the promising Snap Lake diamondiferous kimberlite system in the Northwest Territories, the directors of Winspear Diamonds (WSP-T) have once again vo…
Dow Jones, gold drift down
The Dow Jones industrial average continued its sleepy pace during the report period ended Aug. 1, falling 93.02 points, or 0.9%, to close at 10,606.95.Spot gold on the Comex division of the New York M…