Official World Gold Holdings: August 2000
1. United States813855.82. Germany3469343. IMF3217n/a4. France302539.55. Switzerland253842.66. Italy245246.97. Netherlands91247.48. Japan7541.99. ECB74714.210. Portugal60739.311…
News
LionOre posts higher profits
Like its larger competitors, junior producer LionOre Mining International (LIM-T) has benefitted from this year’s stronger nickel prices.For the second quarter ended June 30, LionOre posted net earnin…
GREATEST VALUE TRADED, August 16-22
Value($000s)HighLowCloseChangeRio Algom…
Exchange Rates (August 28, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 22Aug. 21Aug. 18Aug. 17Aug. 16…
LME Warehouse Levels (August 28, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 22/00 (change from Aug. 15 in brackets):Aluminium417775(-9025)…
Canadian Stock Exchange Indices (August 28, 2000)
— 52-week –DateAug. 22Aug. 21Aug. 18Aug. 17Aug. 16High…
Semafo extends mineralization at Nyafe (August 28, 2000)
Results from reverse-circulation drilling by Montreal-based Semafo (SMF-T) at the Mana and Fobiri concessions in Burkina Faso show that a vein system previously defined on surface continues to depth.T…
Silver in high demand
In 1999, for the first time in five years, silver production did not increase but rather declined, according to World Silver Survey 2000, published by the Washington, D.C.-based Silver Institute.The d…
EVENTS (August 28, 2000)
Aug. 30-Sept.1 Geoanalysis 2000 — 4th Int’l Conference on the Analysis of Geological and Environmental Materials. Contact: Jean Carignan. Tel: +33 3 83 59-42-17. Fax: +33 3 83 51-17-98.Aug. 31-Sept. …
Cominco hands Bongara zinc project to Australia’s Pasminco
For an undisclosed amount, Cominco (CLT-T) has transferred its right to earn 65% of the Bongara zinc project in northern Peru to Australia’s Pasminco.The latter, through its Peruvian subsidiary, will …
Hope Bay program expanding
Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) have authorized $4 million in exploration spending for their jointly owned properties in the Hope Bay greenstone belt in Nunavut.The companies will con…
Geomaque shows recovery in 2000 Metals Commentary
Geomaque Explorations (GEO-T) stayed profitable in the three months ended June 30, making US$561,000 (US1 per share) on revenue of US$6.3 million. The company also saw production increase and costs d…