Stainless watches gain market share
Despite the popularity of electronic watches and the prediction that they would completely replace traditional mechanical watches, the latter have survived and are making a strong comeback, especially…
2002
OM Group grabs Cawse nickel mine
Cleveland, Ohio-based specialty-metals giant OM Group (OMG-N) has acquired the mineral rights and chemical processing capabilities of the Cawse nickel-cobalt laterite operation in Western Australia.De…
Canaccord sees recovery ahead in 2002
With the U.S. economy offically in recession, Canaccord Capital base metals analyst Roger Chaplin is already looking to a turnaround that should propel base metal prices and stocks higher in the year …
Saskatchewan halves fees
Recording fees for mineral permits in Saskatchewan will be cut in half to 15 from 30 per hectare in order to encourage exploration.In addition, cash deposits for new permits will be reduced to $15,0…
MAC cited for reporting standards
The Mining Association of Canada (MAC) has been cited for its high standards in reporting on the industry’s reduction of greenhouse gas (GHG) emissions.The acknowledgment was made by the Ottawa-based …
Land-use planning in BC
The government of British Columbia has changed its approach to the Land and Resource Management Planning (LRMP) process, and as a result, the province’s mining industry has returned to the land-use pl…
The Northern Miner — North American Mining Index (January 07, 2002)
70.79 (+3.70)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (January 07, 2002)
49.22 (+2.84)(Sept. 30/98 = 100)…
Fort Knox raises cash
Fort Knox Gold Resources (FNX-T) has completed an offering of 4 million flow-through shares at $1 apiece and 4 million units at the same price for proceeds of $8 million.One unit comprises one share p…
Merger mania grips mining industry in 2001
Against a rather grim backdrop that included an American economy slipping into recession, worldwide commodity deflation and a new war on terrorism, the big story in 2001 for the North American mining …
Canadian Stock Exchange Indices (January 07, 2002)
DateJan. 1Dec. 31Dec. 28Dec. 27Dec. 26HighLowTSE 300Holiday7688.417674.977650.58Holiday9425.526301.52Metals & MineralsHoliday4160.114177.534148.69Holiday5104.443234.34Integrated M…
GREATEST VALUE TRADED, DEC. 21-31
ExchgVal($000s)HighLowCloseChangeAlcoa*N51776836.4534.0035.55+0.63…