News


Mining stocks slumber through Christmas period

While the world’s stock markets were generally red hot in the last few weeks of 1999, most mining stocks on the Toronto and Montreal exchanges showed little movement over the holiday-shortened period …


Looking back

The past year was not one of the better ones for the North American industry, one reason being this continent’s love affair with technology ventures, which have sucked up billions of speculative dolla…


INDEX (January 03, 2000)

Amarc Res.7Anaconda Nickel5Andrew Goldfields3Anglo Am. Platinum3Anglo American5Anglogold7Anoorag Res.7Apex Silver7Arrowhea…


Winspear, Inca Pacific among gainers on CDNX

During the holiday-shortened report period ended Dec. 28, the Canadian Venture Exchange added 57.38 points to close up 2.6% at 2,226.09.Winspear Resources was up 9 at $2.24. The company has been gran…


EVENTS (January 03, 2000)

Jan. 25-28 BC & 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 — “International …


Noranda may drop Caber

Low metal prices are forcing Noranda (NOR-T) to reconsider its participation in the Caber zinc-copper-silver project near Matagami, Que.The major can earn up to 70% interest in the property from South…


Wheaton River nabs Red Mountain

North American Metals (NAM-V), which is 89%-owned by Wheaton River Minerals (WRM-T), has agreed to buy the Red Mountain gold project of defunct Royal Oak Mines for $413,360.Situated in northwestern Br…




Grupo Mexico plans asset sale to pay off debt

Having borrowed US$817 million from Chase Manhattan Bank to acquire Asarco, Groupo Mexico is liquidating non-core assets to cover that debt and beef up its bottom line.As a first step, the Mexican cop…



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