Copper Ridge options Howard’s Pass
Copper Ridge Explorations (KRX-V) has acquired an option to purchase the Howard’s Pass zinc-lead deposit, on the Yukon-Northwest Territories border, from Placer Dome (PDG-T) and U.S. Steel. The price …
News
Toronto Stock Exchange Indices (July 24, 2000)
DateJuly 18July 17July 14July 13July 12HighLowTSE 30010735.4710844.5010778.8010679.3010572.8510873.486717.51Mines & Minerals3402.563402.513420.903440.353425.034851.753214.4…
Sharing our land
Canada’s mining history was in no small way shaped by native Canadians who led European settlers to sites where they mined native copper. They made the first discoveries in the Klondike, and were amon…
Nora settles with Hartor
A dispute between Montreal-based Nora Exploration (NXI-M) and Hartor Investments has been settled out of court.Hartor was suing Nora to force the company to repay two outstanding loans totalling $1.7 …
Metal Prices (July 24, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 18July 17July 14July 13…
Partners extend new zone at Libiri gold deposit
Drilling near the Libiri gold deposit in Niger has returned more high grades for partners Etruscan Resources (eet-t) and Semafo (SMF-T).Recent efforts are focused on a new lens discovered earlier this…
Trivalence tests K-23 at depth
With a positive audit in hand, Trivalence Mining (TMI-V) is proceeding to test the K-23 kimberlite at depth.The pipe is on the 85%-held Aredor concession in Guinea, 1.1 km upstream from the BAI-4 allu…
Wheaton River profits from early spring
An early start at its seasonal Golden Bear mine translated into record production and profits for Wheaton River Minerals (WRM-T) in the first half of the year.Earnings for the six months ended June 30…
Freeport reports drop in sales
Freeport-McMoRan Copper & Gold (FCX-N) incurred a loss in the second quarter, owing to lower metal sales.For the three months ended June 30, Freeport posted a loss of US$19 million (12 per share), co…
Gammon Lake cuts high grades
Drilling at the Ocampo gold-silver project in Mexico’s Chihuahua state continues to return heartening results for Gammon Lake Resources (GAM-T).Hole 110 cut 44.2 metres (between 98.1 and 142.3 metres)…
Gold slips gently into a coma, again
Gold prices continued to weaken during the July 12-18 report period, shedding another US$1 on thin volume to reach a London morning fix of US$281.80 per oz. on July 19. By presstime, the yellow metal …
Venture exchange stalls in summer doldrums
The Canadian Venture Exchange lost a bit of ground during the report period ended July 18, dropping 13.1 points, or 0.4%, to close at 3,359.89. The Mining index followed suit, losing 12.51 points, or …