News

West takes East back to school in MM2000 contest

Team West beat Team East 11-0 in a friendly hockey game for industry professionals held during the Mining Millennium 2000 convention in Toronto.Tom Schroeter, Western squad captain and geologist at th…


TSE Shorts (March 13, 2000)

Short positions outstanding at February 29, 2000Larger individual positions include:Abaddon Resources 295,000 up 295,000; Abitibi-Consolidated 1,241,353 down 1,576,155; Admiral Bay Resources…


Juniors complete merger

The proposed merger of Wheaton River Minerals (WRM-T) and Kit Resources is now complete.Wheaton River shareholders received one share of the merged company for each Wheaton River share held; Kit share…


Codelco, Billiton form biotech firm

Chilean state-owned Corporacion Nacional del Cobre (Codelco) and London-based Billiton have formed a joint venture to develop biotechnology applications for the processing of copper and molybdenum.The…


Drilling planned for Whitefish Lake property

Vancouver — Encouraged by northern Ontario’s diamond potential, Kennecott Canada Exploration has initiated diamond drilling at the Whitefish Lake and KAP properties, near Wawa.The program is testing …



Canadian Venture Exchange breaks 4,000

The Canadian Venture Exchange tacked on an additional 396.49 points, or 10.36%, to finish the week ended March 7 at 4,224.79. The mining index followed suit, adding 251.02 points, or 6.52%, to its val…




Houston eyes Tib Lake palladium

Junior Houston Lake Mining (HLM-V) is performing an induced-polarization survey at its Tib Lake property, near Thunder Bay, Ont., in hopes of discovering new palladium zones.Tib Lake comprises 1,632 h…


Freeport files shelf registration

A shelf registration statement filed with the U.S. Securities and Exchange Commission could allow Freeport-McMoRan Copper & Gold (FCX-N) to sell up to US$500 million in stock or debt securities.Freepo…


500 jobs lost as Quintette Coal shuts down

Plagued by dropping coal prices and high production costs, Quintette Coal and Teck have decided to close the Quintette coal mine, near Tumbler Ridge, B.C.The announcement comes less than three months …


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