Mansfield, Atna bright spots in junior sector
Mineral exploration frauds such as Bre-X Minerals in Indonesia, combined with the Asian financial crisis of the late 1990s, are chiefly responsible for the ongoing slump in junior resource stocks, acc…
News
Gold Funds (October 30, 2000)
Gold Funds as of Oct 19, 2000Dynamic MutualCentral FundNet Value$11.88$5.44Price$7.00…
Decline in prices continues
During the report period Oct. 16-20, all the base metals listed on the London Metal Exchange (LME) suffered declines in their weekly average prices. Once again, nickel and zinc prices were hardest-hit…
Correction (October 30, 2000)
In our report on Anaconda Nickel’s Murrin Murrin project in Australia (T.N.M. Oct. 9/00), mine geologist Tim Markwell was incorrectly identified as Tim Blackwell.
Mini-budget includes flow-through share provision
In his recent economic statement, federal Finance Minister Paul Martin announced two measures designed to encourage investment in Canada’s junior exploration companies.The minister proposed a temporar…
The benefits of steel auto parts
The results of several engineering reports demonstrate the superiority of auto suspensions, closures and doors made from steel built with advanced manufacturing techniques.Studies performed by Stuttga…
Canadian mining industry improves emissions performance
The latest statistics on energy consumption and greenhouse gas (GHG) emissions show that the Canadian mining industry is improving its emissions performance.Data in a report released by the Canadian I…
Teck’s Pogo at feasibility, Anarraaq takes shape under Cominco program
Affiliated companies Teck (TEK-T) and Cominco (CLT-T) generated the most excitement in Alaska this past year by advancing their respective Pogo and Anarraaq deposits. Teck’s Pogo gold project, situate…
Francisco
Vancouver-based Gabriel Resources (GBU-T) has added more than 100 million tonnes to the resource base of its Rosia Montana gold-silver project in west-central Romania.At a cutoff grade of 0.6% gram go…
Steep Rock sees banner year
/NOVEMBER 1950Steep Rock Iron Mines appears headed for a record-breaking year.With ore production averaging 9,000 tons per day over the past month, shipments for the year could exceed 1.2 million tons…
Exchange Rates (October 30, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 24Oct. 23Oct. 20Oct. 19Oct. 18…
De Beers sizes up pipes near James Bay
While it awaits results from bulk sampling on the Victor kimberlite pipe in the James Bay Lowlands of northern Ontario, De Beers Consolidated Mines (DBRSY-Q) is anticipating the likelihood of performi…