Canada obligated to protect endangered species
Your editorial of Feb. 28, “Phone, fax or mail — Stop David Anderson!” contains a number of outlandish claims that are based on misguided comparisons with U.S. endangered species legislation.The gove…
2000
Latest UK auction drives brief gold rally
During the March 15-21 report period, attention in the gold market was directed toward the Bank of England’s latest gold auction, held on March 21.The bank sold 25 tonnes (803,600 oz.) for US$285.25 p…
Dow rockets, gold sputters
During the report period ended March 21, the Dow Jones industrial average gained 1,096.1 points, or 11%, to close at 10,907.24. The rally was highlighted by a record gain of nearly 500 points on March…
MOST ACTIVE ISSUES, March 15-21
Exchg Vol(000s)HighLowCloseChangeWilliam ResT 24096 0.26 0.18 0.20 – 0.06…
Expatriate tables plans for Wolverine-Kudz Ze Kayah
With the deal to buy certain interests in southeastern Yukon from Cominco (CLT-F) set to close May 5, junior Expatriate Resources (EXR-V) is preparing to launch an aggressive work program. All the int…
TSE Shorts (March 27, 2000)
Short positions outstanding at March 15, 2000Larger individual positions include: Abaddon Resources 102,500 down 192,500; Abitibi-Consolidated 1,304,617 up 63,264; Anderson Explorat…
Band-Ore in Canadian diamond hunt
Toronto-based junior Band-Ore Resources (BAN-T) has launched airborne geophysical surveys at two of its diamond exploration properties in eastern Canada.At the 25-sq.-km GQ diamond property in Musquas…
Sunshine sees sparkle in Argentine play
Channel sampling at the Capricho massive sulphide project in Argentina has resulted in significant values for lead, copper and silver over a horizontal distance of 1,000 metres.The program, carried ou…
INDEX (March 27, 2000)
AngloGold10Arena Gold2Atna Res.14Aur Res.1Band-Ore14Battle Mt.10Birim11Cambior6Canabrava14Channel Res.18…
Takeover easy on Grupo’s pocketbook
Grupo Mexico expects to save up to US$200 million as a result of its recent merger with Asarco.The savings stem from the elimination of administrative redundancies, consolidation of purchasing and sal…
Echo Bay eyes Moreau gold property in Arizona
Having completed surface-sampling and mapping, a wholly owned subsidiary of Echo Bay Mines (ECO-T) is preparing to drill-test five targets on the Moreau gold property near Parker, Ariz. The targets ar…
First Quantum, Glencore close ZCCM deal
Shareholders of Zambian Consolidated Copper Mines (ZCCM) have unanimously approved the sale of their company’s Mufulira division and the Nkana mine, concentrator and cobalt plant to Mopani Copper Mine…