News


Australia inaugurates PDAC-style convention

Australia’s mining industry has launched a major international mining convention and trade show here in the country’s banking centre.Billed with characteristic Aussie restraint as “the greatest mining…



White Knight drills Indian Ranch

A drill program by White Knight Resources (WKR-V) is testing the Indian Ranch gold property on the Cortez trend in Nevada.About 8,000 ft. of drilling in eight holes is planned. The work is being funde…


Cumberland adds deposit to Meadowbank

Drilling at the Meadowbank gold project, in Nunavut, has prompted Cumberland Resources (CBD-T) to initiate a resource estimate for the newly discovered Vault zone.The zone, situated 5 km northeast of …


Consolidation, hedging dominate Denver gold show

Delegates at Mining Investment Forum 2000, sponsored by the Denver Gold Group, were in general agreement that the gold sector would benefit from further consolidation.Over the past several months, two…


Mindoro keen on Tapian San Francisco project

Mindoro Resources (MIO-V) is gearing up to explore ground situated 10 km southwest of the Boyugnan copper-gold porphyry discovery on Mindanao Island in the Philippines.Partners Philex Gold (PGI-V) and…


Broad market losses weigh down holiday period

Despite a brief surge early on, the Toronto Stock Exchange slipped 61.52 points over the report period Oct. 4-10 to end the Thanksgiving-shortened week at 10,394.33.Resource stocks were a mixed bag, w…


Miners hit in weak market

Despite a late surge in the price of gold, mining stocks were battered, along with the rest of the market, for the week ended Oct. 10. The Dow Jones industrial average slumped 195.35 points, or 1.8%, …


Technology sector pulls down CDNX

A 6.5% drop in the technology sector, combined with a 1.6% slide in the mining index, pulled the Canadian Venture Exchange down during the holiday-shortened report period ended Oct. 10. The CDNX compo…



Metal Prices (October 16, 2000)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 10Oct. 9Oct. 6Oct. 5…


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