Rubicon to drill Lewis Lake
Rubicon Minerals (RMX-V) has begun drill-testing eight targets at the Lewis Lake massive sulphide property in north-central Newfoundland.The program is being funded by Billiton Exploration Canada, whi…
News
EVENTS (October 16, 2000)
Oct. 20-22 Gem Conference 2000: Diamonds in the New Millennium. — Organizer: Vancouver Community College, Sheraton Wall Centre, Vancouver, B.C. Contact: Donna Hawrelko. Tel: (604) 926-2599. Fax: (604…
SouthernEra tests MacKay Lake for Snap Lake extension
Toronto-based SouthernEra Resources (SUF-T) will drill a second hole on its MacKay Lake property in order to test for extensions of the Snap Lake kimberlite dyke complex.Situated in the Northwest Terr…
De Beers ups Ashton Mining bid to A$745m
South Africa’s De Beers Consolidated Mines (DBRSY-Q) has announced a new cash offer of A$2.28 per share for Australian-listed Ashton Mining, trumping Rio Tinto’s (RTP-N) A$1.85 bid by A43, or…
EuroZinc to boost output
The addition of a cone crusher will enable EuroZinc Mining (EZM-V) to expand projected mill throughput to 1.8 million tonnes per year at the Aljustrel zinc-copper-lead project in southern Portugal.The…
NAP raises more funds
North American Palladium (PDL-T) is proceeding with a $220-million equity financing to help fund an expansion program at its Lac des les palladium mine in northwestern Ontario.Lac des les, in additi…
Juniors hot on trail of African gold
Undaunted by low gold prices and the challenges of working in Africa, a host of junior explorers have made gold discoveries during recent drilling campaigns on the continent.In Ghana, West Africa, ong…
Mount Logan forever
A nation true to history does not strip its war heroes of their medals during times of peace or belittle the contributions of its pioneering builders during times of prosperity. Why then does the gove…
Part miner, part tour guide
John Wiens worked at the Steeprock iron mine, from 1952 to 1979. When he arrived at the deep red pit, 10 km outside Atikokan, in northwestern Ontario, he took a job as a truck driver for $1.47 per hou…
Manitoba to host convention
Magmatic nickel, red-bed copper and Mississippi Valley-type (MVT) lead-zinc deposits are among the topics slated for discussion at Manitoba Mining and Minerals Convention 2000, scheduled for Nov. 16-1…
Nevada gold output falls
Last year, the Nevada mining industry saw gold production fall for the first time since 1995.Between 1999 and 1998, amidst falling gold prices and production costs, gold production in the state fell t…
Spot Prices Wed. October 11, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$273.00+$1.70Silver$ 4.89 $0.00…