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…
News
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 …
GOLD FUNDS (March 13, 2000)
Dynamic MutualCentral FundNet Value$13.60$5.57Price$8.20$4.96Discount…
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…
The Northern Miner — North American Mining Index (March 13, 2000)
77.43 (+0.61)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (March 13, 2000)
61.98 (+0.47)(Sept. 30/98 = 100)…
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 …
Producer and Dealer Prices (March 13, 2000)
Antimony: Mid-mkt US$1,160/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.19/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US…
Sherritt posts record earnings
Buoyant nickel and oil prices combined with strong operational performance allowed Sherritt International (s-t) to post record earnings for 1999.Net earnings in 1999 were $66.6 million (or 60 per res…
Lakota nails down properties
While larger rivals are concentrating on bringing advanced projects to production, junior Lakota Resources (LAKO-C) has assembled a large land package for early-stage exploration in the Lake Victoria …