Dow ends year on high note
The Dow Jones industrial average ended the report period of Dec. 29-31, and the year, at a new high of 11,497.12 points. However, the average plummeted nearly 360 points in early trading in January, w…
News
NAME CHANGE (January 10, 2000)
Consolidated Samarkand Resources (SKC) has changed its name to Soho Resources (SOH) on a 1-new-for-6-old share basis.
Atlas emerges from bankruptcy
Creditors and the U.S. Bankruptcy Court have approved a plan of reorganization submitted by Atlas (ATSP-OTC).Under the plan, the company will no longer be liable for reclamation of the Moab uranium mi…
North opts out of Antone Canyon
Widely spaced drilling at the Antone Canyon gold property in central Nevada has returned disappointing values for Royal Standard Minerals (RSM-M) and Australia’s North.The latter spent almost three mo…
Metal Prices sink as new year begins
When the world failed to come to a screeching halt on Jan. 1, 2000, investors came out of their bunkers and dumped on gold, driving down the yellow metal by US$8.55 over the report period to US$282.10…
Metallica issues shares to Franco
Denver — In return for a loan used to purchase the Mara Rosa gold property in Brazil, Metallica Resources (MR-T) has issued 2.2 million shares to Franco-Nevada Mining (FN-T).In 1997, Franco guarantee…
CDNX posts gain over end-of-year period
The Canadian Venture Exchange started off the new year unaffected by widespread selling that dampened the holiday spirits of the major markets. As a result, the CDNX index gained 118.94 points over th…
EVENTS (January 10, 2000)
Jan. 25-28 B.C. & Yukon Chamber of Mines — “Cordilleran Geology and Exploration Roundup.” Hotel Vancouver, Vancouver, B.C. Tel: (604) 681-5328.Jan. 30-Feb 2 American Zinc Association — “Int’l Zinc C…
GREATEST VALUE TRADED, 1999
Value($000s)HighLowCloseAlcoa*N 18430831 83.38 5…
MOST ACTIVE ISSUES, 1999
Volume(000s)HighLowClosePlacer DomeT 698181 26.00…
Platinum demand soars
In 1999, demand for platinum was expected to reach a new record of 5.6 million oz., according to a report by a British-based metals analyst. Use of the metal in jewelry is believed to have increased a…
The rise and fall of an Ontario gold camp
Canada’s Forgotten Gold Rush: The Goldfields of Larder LakeBy Vernon Dufresne andClark Thompson(For price and availability, contact the authors at crtja@ntl.sympat…