Gold Funds (September 11, 2000)
Gold Funds as of August 31, 2000Dynamic MutualCentral FundNet Value$12.75$5.42Price$7…
News
Red metal gains more momentum
Copper and aluminum prices moved sharply higher during the report period Aug. 28-Sept. 1, with the former hurdling over the US$1,900-per-tonne resistance level and the latter gaining US$50 per tonne o…
Crew Development advances Greenland gold project
Although it has been more than 1,000 years since the Vikings discovered Greenland, its mineral resources remain relatively unexplored. However, that may all change now that Crew Development (CRU-T) is…
Diavik assessment marred by conflict
The environmental assessment and approval process for the Diavik diamond mine illustrates the conflict created by mining developments in impoverished yet relatively undisturbed, ecologically fragile r…
News – 11-SEP-00
Anatolia proves up porphyry prospect in Turkey
Anatolia Minerals Development (AMCD.U-C) is encouraged by results from channel-sampling carried out on two subparallel traverses on the Cukurdere porphyry-skarn prospect in eastern Turkey.The upper tr…
Exall losses mount in quarter
The continuing malaise in the gold market is taking its toll on junior producer Exall Resources (EXL-T).Net losses in the three months ended June 30 totalled $415,640 (or 2 per share) on revenue of $…
Caussa, Mountain Lake combine at Ventersdorp
Two Canadian-based mining companies are consolidating their land holdings in the Ventersdorp alluvial diamond camp in South Africa. Caussa Capital (CAU-T) and Mountain Lake Resources (MOA-V) say the c…
Antamina sets the bar in Peru
The Antamina copper-zinc project is breaking new ground in the environmental assessment and permitting process for mines in Peru.The $US2.3-billion project — one of the biggest mining developments in…
Elliot Lake’s mining legacy turns into asset
Elliot Lake, Ont., is a town built on uranium mining. When the mines closed, many feared the town would too. But they underestimated the efforts of community leaders who successfully marketed their co…
Wayside resets placement
Current market conditions have prevented International Wayside Gold Mines (IWA-V) from closing a previously announced private placement of 3 million units priced at 85 each.Instead, Wayside has arran…
Mining organizations intervene as CBD sues BLM
Several mining organizations have banded together to fight a lawsuit that threatens to hinder future development in the California Desert Conservation Area, where mining already takes place.The Centre…