BHP eyes porphyry target
The Chilean subsidiary of Australia’s Broken Hill Proprietary (BHP-N) has signed a letter-of-intent to acquire the Elvira copper porphyry prospect in the Atacama Desert.BHP can purchase the 110-sq. km…
News
Cornerstone among first to list on CDNX
Cornerstone Capital Resources (CTP-V) is among the first companies to obtain a listing on the new Canadian Venture Exchange. The company began trading in late November, having completed a public offer…
Affiliates Wheaton, Kit propose marriage
Merger mania has taken hold of Wheaton River Minerals (WRM-T) and Kit Resources (KIT-T).An agreement-in-principal calls for Kit shareholders to exchange each of their shares for 0.408 share of the mer…
EVENTS (December 06, 1999)
Jan. 23-24 Cambridge House Int’l — “Vancouver Investment Conference.” Hotel Vancouver, Vancouver, B.C. Tel: (614) 888 227-7722.Jan. 25-28 B.C. and Yukon Chamber of Mines — “Cordilleran Geology and E…
Akrokeri-Ashanti ups output
Junior Akrokeri-Ashanti Gold Mines (AAGM-C) has nearly doubled production rates at its Jeni alluvial property in Ghana, West Africa.About 300 cubic metres of alluvium are being treated hourly, which i…
A note about the CDNX and our stock pages
On Nov. 29, the new Canadian Venture Exchange (CDNX) replaced the Vancouver and Alberta stock exchanges. Companies found listed on either of the old western exchanges are now listed on the new exchang…
Spot Prices (December 06, 1999)
Precious MetalsPrice (US$/oz.)ChangeGold$291.40-$6.45Silver$ 5.19+$0.02…
TSE INDICES (December 06, 1999)
— 1999 –DateNov. 30Nov. 29Nov. 26Nov. 25Nov. 24High…
MOST ACTIVE ISSUES, NOV. 24-30
Exchg Vol(000s)HighLowCloseChangeBarrick GoldT 16065 29.00 26.20 26.50 – 1.2…
Nord Pacific liquidates nickel asset in PNG
Spooked by sub-par performances at the much-heralded new nickel laterite mines in Australia, Nord Pacific (NPF-T) intends to sell its 31.5% interest in the Ramu nickel-cobalt project in Papua New Guin…
Marl acquires Stoughton Staz
An agreement with Battle Mountain Canada (BMC-T) sets the stage for Marl Resources (MOC-A) to earn up to a 50% interest in the Stoughton Staz gold prospect in the Harker-Holloway region of eastern Ont…
Drilling planned for Urbana play
A 19-hole drill program has been recommended to followup newly identified targets at Urbana’s (URB-V) Macho River gold property in northwestern Quebec’s Urban Twp.The new targets were identified durin…