No Headline (January 24, 2000)
READERS PLEASE NOTE: Trading volume figures for this week’s stock tables were not available at presstime. Price changes are from the close on December 31, 1999 to the close on January 18, 2000.
News
METAL PRICES (January 24, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJan. 18…
EVENTS (January 24, 2000)
Jan. 30-Feb. 2 American Zinc Association — “Int’l Zinc Conference.” Marriott’s Camelback Resort, Scottsdale, Ariz. Contact Cricket Forster. Tel: (202) 835 0164. Web site: http://www.zinc.orgFeb…
INSIDER TRADING (January 24, 2000)
On Nov. 26, 1999, four days before his company announced another quarterly loss, Herbert Abramson indirectly sold 2.3 million shares of St Andrew Goldfields (SAS-T) at 38 each to hold 1,561 shares in…
The Northern Miner — North American Mining Index (January 24, 2000)
94.48 (-4.68)(Sept. 30/98 = 100)…
Copper
Canada’s Department of Indian Affairs and Northern Development (DIAND) has refused to issue Aber Resources (ABZ-T) and Rio Tinto) a land-use permit that would allow certain activities at the Diavik di…
Eastmain, Soquem drill Clearwater
Quebec-government-owned Soquem and its partner, Eastmain Resources (ER-T), are gearing up for another round of drilling at their Clearwater gold property in northwestern Quebec.The campaign is part of…
Aur launches hostile bid for Cambior
Junior copper producer Aur Resources (AUR-T) has launched an all-share takeover bid for Cambior (CBJ-T) at a time when the ailing Montreal-based gold miner is weakened as a result of its failed hedgin…
Pacific Rim finds new gold zone at Luicho
Surface rock sampling at the Luicho gold project in southern Peru has enabled Pacific Rim Mining (PFG-T) to identify gold mineralization north of the main prospect area.The new discovery is in the Lui…
Copper grades improve at Tambo Grande
Initial results from a second round of diamond drilling at the Tambo Grande project in northern Peru are mixed, reports Manhattan Minerals (MAN-T).Although infill drilling of the TG-1 sulphide deposit…
Canyon gets nod at Briggs
An amended operating permit will allow Canyon Resources (CAU-X) to begin mining at North Briggs and Goldtooth, two satellite deposits to the Briggs gold mine in southeastern California.The approval fo…
Sulphide producers overtaking laterites at nickel game
The battle has barely begun, but a recent study by AME Mineral Economics shows that sulphide nickel producers are dominating the lower half of the production cost curve, besting the performance of the…