Eastern markets weak across the board
Interest rate fears, coupled with weakness in the technology sector, pulled the Toronto Stock Exchange down over the report period Sept. 20-26. The TSE 300 composite index fell 435.93 points, to 10,47…
2000
Ontario Bill 86 creates geoscientists’ provisional council
The first provisional council has been appointed for the newly formed Association of Professional Geoscientists of Ontario.The Ontario legislature passed the Professional Geoscientists Act (Bill 86) i…
Market dips third straight week
The Dow Jones industrial average continued its losing ways, slipping 157.97 points, or 1.5%, during the report period ended Sept. 26 to close at 10,631.32.The market is bracing itself for a rocky earn…
PolyMet exits JV with Rio Tinto
PolyMet Mining (POM-V) has dissolved its joint-venture agreement affecting the NorthMet polymetallic project in northeastern Minnesota with Rio Tinto (RTP-N), after the London-based major proved unwil…
GREATEST VALUE TRADED, Sept. 20-26
ExchgVal($000s)HighLowCloseChangeAlcoa*N 767758 26.38 23.50 23.88 – 1.75…
Atna Resources options Monterde project in Mexico
After walking away from the Madison cobalt project in Missouri, junior Atna Resources (ATN-T) is focusing its attention on a deal with privately owned Kimber Resources to option a 100% interest in the…
Agnico funds Aurizon’s drilling
Agnico Eagle Mines (AGE-T) will be funding a new drilling campaign by Aurizon Mines (arz-t) at the Casa Berardi gold mine in Quebec. The deal pumps $4 million cash into Aurizon and gives Agnico Eagle …
Work as life experience
The attitudes people have toward work vary greatly. For some, a job is a necessary evil; for others, it is a source of great satisfaction. Those that love their work and find it life-affirming are the…
Bald Mountain grey on geochemical history
I read with mixed emotions the article “Bald Mountain study shows uses of baseline data” (T.N.M., Sept. 11-17/00), which dealt with the Bald Mountain deposit in Aroostook Cty., Me. Although the articl…
Silver Standard gains Texas silver project
Silver Standard (SSO-V) has agreed to acquire a majority stake in the Shafter property in Texas.The junior will acquire 91.64 million shares (representing a 91.8% interest) of Silver Assets (cilv-o) f…
Trivalence sells more diamonds
Trivalence Mining (TMI-V) has generated proceeds of US$4.7 million by selling 11,727.6 carats of rough diamonds produced at the company’s 85%-owned Aredor mine in Guinea, West Africa.Trivalence says i…
The Northern Miner North — American Mining Index
66.98 (-1.80)(Sept. 30/98 = 100)…