NEWS ROUNDUP — Romios drills Lundmark-Akow Lake
Toronto-based Romios Gold Resources (RGRI-C) has started drilling at its Lundmark-Akow Lake property in northwestern Ontario.The junior plans to complete at least 3,000 ft. in an attempt to test targe…
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PEOPLE — Quest Int’l
Paul Saxton appointed president, CEO and director, James O’Rourke and William Meyer appointed directors.
MINING MARKETS & INVESTMENT NEWS – Provenor finds perch on ASE
Montreal-based Provenor became a member of the Alberta Stock Exchange upon completing a public offering of 1.5 million shares at 25 cents each. It trades under the symbol pvn.Proceeds from the financi…
MINING MARKETS & INVESTMENT NEWS – INSIDER TRADING — Breakwater execs renew options
Reports by the Ontario Securities Commission show that two directors of Breakwater Resources (BWR-T) renewed several options in November.Ned Goodman allowed to expire 50,000 options at $3.40 and was g…
MINING MARKETS & INVESTMENT NEWS – NEWS ROUNDUP — Jordex seeks opportunities
Vancouver-based Jordex Resources (JDX-T) has retained Hamilton Group of White Plains, N.Y., to help it identify business opportunities outside of the mining sector.William Staudt, a principal of the i…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Base metal producers show strong performance
The Toronto Stock Exchange 300 index plummeted 239.81 points during the report period Feb. 3-9, ending the week at 6,443.97.Overshadowing the broad market’s depressing performance was an unexpected su…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Hyperion, New Indigo bright spots on dull market
The Vancouver Stock Exchange composite index dropped 5.01 points, or 1.2%, to finish the week ended Feb. 9 at 414.21. The mining index slipped below the 300 mark, losing 8.25 points, or 2.7%, to close…
MOST ACTIVE ISSUES, Jan. 27-Feb. 2
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EDITORIAL & OPINION – COMMENTARY — Projects to boost niobium supply
Demand for niobium has increased over the past decade, rising from an average of just over 19,000 tonnes between 1990 and 1993 to a record level of 28,740 tonnes in 1997. Despite this sharp increase, …
MINING MARKETS & INVESTMENT NEWS – NEWS ROUNDUP — Gardener withdraws takeover bid
A takeover offer for Akrokeri-Ashanti Gold Mines (AAGM-C) has gone off the rails.Gardening company GDL Evergreen withdrew its offer for the African gold miner after it was suspended from trading for f…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — High-techs send market tumbling
Falling high-technology stocks pulled down the Dow Jones industrial average for the report period ended Feb. 9. The average closed down 141.09 points, or 1.5%, to 9,133.03.Mining companies were mixed …
GREATEST VALUE TRADED, Feb. 3-9
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