Tan Range adopts plan
Tanzanian-focused Tan Range Exploration (TNX-V), which holds a 90% interest in the Itetemia gold property, adjacent to the Bulyanhulu deposit, has adopted a shareholder rights plan to prevent the poss…
News
Copper Cliff never traded
I am looking for any information concerning a company called Copper Cliff Mines. I believe the company is a Canadian company. In particular, I am looking for any information concerning a mine outside …
Exchange Rates (May 01, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApr. 25Apr. 24Apr. 21Apr. 20Apr. 19…
Canadian Zinc seeks financing
To fund further exploration on its wholly owned Prairie Creek base metal property in the Northwest Territories, junior Canadian Zinc (CZM-T) has entered into a $720,000 private placement.The financing…
Lyon Lake sells off mining assets
Montreal-based junior Lyon Lake Mines (LLL-V) has decided to liquidate its mining assets in order to improve its balance sheet.The assets include: the Cerro Crucitas gold project in northern Costa Ric…
Noranda continues to rebound
In step with most of its competitors, base metal major Noranda (NOR-T) has started the new year by significantly improving its earnings.For the first quarter, Noranda posted earnings of $68 million (o…
LME Warehouse Levels (May 01, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Apr. 25/00 (change from Apr. 18 in brackets):Aluminium695,275(-9,525)…
Bema Gold still in red
Bema Gold (BGO-T) tabled a fourth-quarter loss of US$2 million (or 1 per share) on gold revenue of US$9.3 million, compared with a loss of US$35.6 million (31 per share) on US$9.6 million in the cor…
Newgold sells last mining asset
Completing its transformation into an internet company, Newgold (NGLD-O) has sold the Relief Canyon mine to Orion Resources & Exploration.Orion purchased the operation for $960,000 in private shares o…
Cassiar to expand operations in BC
Shareholders of Cassiar Mines & Metals have approved a change in name to Cassiar Magnesium (CIR-T). The change reflects the company’s intention to become a producer of magnesium metal and magnesium si…
Battle Mountain inks processing deal for Holloway
Battle Mountain Gold (BMG-N) has revised its custom milling agreement for its Holloway mine, near Matheson, Ont.Under an arrangement with Barrick Gold (ABX-T), Battle Mountain will put up half the fun…
Metal Prices — DateApr. 25Apr. 24Apr. 21Apr. 20Apr. 19
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)Aluminium1442/1474holidayholiday142…