Pioneer tests uranium prospects
Junior Pioneer Metals (PSM-T) has begun a summer exploration program at its Riou Lake uranium project in northern Saskatchewan.The company holds 19 claims covering 54.7 sq. km on the northern rim of t…
News
Black Swan trenches Fazenda Marques
Black Swan Resources (BSW-T) has renewed its search for alluvial diamonds along the Paranaiba River in Brazil’s Minas Gerais state.At the Fazenda Marques property, the first of seven trenches is being…
Grade upped at Camorra
Higher grades at the La Camorra gold operation in Bolivar state, Venezuela, have translated into record production figures for Hecla Mining (HL-N).In April, the head grade at the underground mine was …
EVENTS (July 17, 2000)
July 24-27 Blasting Analysis Int’l — “2000 High-Tech Blasting Seminar.” Delta Orlando Resort Hotel, Orlando, Fla. Tel: (610) 530-7415. Fax: (610) 395-5552. E-mail: blastinganalysi…
Int’l Annax unveils results
A planned 7-hole drill program is testing the downdip continuity of high-grade stratiform massive sulphide mineralization at the Dairi project in North Sumatra, Indonesia.International Annax Ventures …
Producer and Dealer Prices (July 17, 2000)
Antimony: Mid-mkt US$1,400/t.Bismuth: Mid-mkt US$3.40/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.70-16.20/lb.Copper: Comex Sept. US$0.826/lb.Indium: I…
Phelps Dodge foresees lower earnings
Operational changes and restructuring charges at two of its operations are expected to depress second-quarter earnings for Phelps Dodge (PD-N).The copper miner expects earnings in the 3-month period t…
Diamond juniors merge
Mountain Province Mining (MPV-T) has merged with Glenmore Highlands. Shareholders of the latter received 0.57 of a Mountain Province share for each Glenmore share held. Prior to the merger, Glenmore o…
The Tin-Tantalum connection
Many mining and exploration firms, and even some large electronics firms, are scouring the world for deposits of the rare metal tantalum.Tantalum is the only known substance that will lie flat as a ca…
Ontario’s diamond potential often dismissed
That it took so many years to locate diamond sources in Ontario is a sorry comment on much of Canada’s mining exploration capabilities.For 20 or more seasons, in my younger days, I prospected for diam…
UK auction ushers in summer doldrums for gold
The decidedly lacklustre response to the Bank of England’s latest auction may have set the tone for gold prices for the rest of the summer.On July 12, the bank sold 804,000 oz. gold at US$279.50 per o…
Gold down before UK auction
The Dow Jones industrial average climbed 166.52 points, or 1.6%, to 10,727.19 during the report period July 5-11.Gold was off at US$282.20 per oz. on the Comex division of the New York Mercantile Exch…