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…
News
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…
Rex tests Mauritanian pipes
Rex Diamond Mining (RXD-T) is testing targets at its wholly owned diamond properties in Mauritania, West Africa.The company recently found a third kimberlite in the Tenoumer permit. Grab samples from …
TSE Shorts (December 06, 1999)
Short positions outstanding at November 18, 1999Larger individual positions include:Abitibi-Consolidated 2,322,669, down 180,669; Alcan Aluminum 1,544,543, down 139,876; Anderson Exploration…
Correction (December 06, 1999)
In our Nov. 29 issue, we incorrectly stated that Phelps Dodge (PD-N) had spent US$9.6 million on the Alamo claims surrounding Azco Mining’s (AZC-T) Adelita silver project in Mexico’s Sonora state.The …
Pele pulls gold at Wawa
Bulk sampling at the Wawa gold project in northern Ontario has returned encouraging results for Pele Mountain Resources (PELE-C).The average grade for 9,260 tonnes was 4.93 grams gold per tonne. Anoth…
Exall Resources records quarterly loss
Toronto-based Exall Resources (EXL-T) lost $716,431 (or 2 cents per share) in the three months ended Sept. 30, compared with earnings of $801,031 in the third quarter of 1998. Revenue between the peri…