Drills turn at Duck Pond (June 05, 2000)
Joint-venture partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T) have resumed drilling at their Duck Pond base metal project in central Newfoundland. The new phase of drilling will con…
News
South-Malartic finds flat gold veins at Croinor property
In an ongoing drilling campaign, junior South-Malartic Exploration (MSU-M) has discovered a set of gold-bearing veins that are perpendicular to the main ore zone at the Croinor gold property, 55 km ea…
Minefinders pulls hot values
Minefinders (MFL-T) continues to report hot drill intercepts from its wholly owned Dolores gold-silver project in Mexico’s Chihuahua state.In the Main zone, hole 140 intersected 236.2 metres averaging…
Gary Howell
Gary Howell, executive director for the Society for Mining, Metallurgy & Exploration (SME) since February 1994, has died. He was 54.Howell was a geologist with more than 27 years experience in mining….
NAP
Rio Algom (ROM-T) has launched a 2,000-metre drill program on the South Findlay base metal property, near Kimberley in southeastern British Columbia.Considered prospective for sedimentary exhalative d…
Kinross expands Wheaton River’s Goose Lake
An ongoing 40-hole, 11,000-metre drilling program by Kinross Gold (K-T) at the George Lake project in Nunavut is significantly extending the project’s Goose Lake deposit. The property is held by Wheat…
EXCHANGE RATES (June 05, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 30May 29May 26May 25May 24…
Canadian Zinc galvanizes board
A newly elected board has taken over the helm of Canadian Zinc (CZN-T) in hopes of steering the Prairie Creek zinc project in the Northwest Territories closer to production.Mining engineer Malcolm Swa…
Dow rises as metals fall
The Dow Jones industrial average rose 104.86 points, or 1%, to close at 10,527.13 for the report period ended May 30 on the strength of a late-week surge by the Nasdaq.Gold miners were mixed as the go…
Spot Prices Wed. May 31, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$272.25-$1.65Silver$ 4.90-$0.08…
LME Warehouse Levels (June 05, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 30/99 (change from May 23 in brackets):MetalStock(tonnes)Change…
Twin Gold Funds program
Armed with $8 million from a recent financing, Twin Gold Mining (TWG-T) is gearing up for a major exploration program at its Torngat diamond project, on the east side of Ungava Bay in northern Quebec….