With the sole exception of the Ken Snyder mine in Nevada, Franco-Nevada Mining (FN-T) prefers to leave the operating of mines “to companies more expert in such matters.” Armed with a war chest of cash…
A shallow zone discovered at the Meadowbank gold property, in Nunavut, could provide Cumberland Resources (CBD-T) with the ounces it needs to proceed to the feasibility stage.Meadowbank hosts 7.2 mill…
A male choir consisting mostly of maritimers who sing about mining will add a note of cheer to this year’s Canada Day festivities in Elliot Lake, Ont.The Men of the Deeps choir has been booked to perf…
Growth Strategies for the Mining Industry:Acquisition or Exploration?by Virginia Heffernan, M.Sc.Published by Financial Times Energy…
ExchgVol(000s)HighLowCloseChangePlacer DomeT 12416 14.10 12.30 13.80 + 1.10…
Year after year, the Marigold mine in northern Nevada more than replaces its gold reserves, yet the operation never has more than a few years of production planned out. Owners Glamis Gold (GLG-N) and …
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 6June 5June 2June 1May 31…
2000DateJune 6June 5June 2June 1May 31High…
Precious MetalsPrice (US$/oz.)ChangeGold$286.95+$14.70Silver$ 5.05+$0.15…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 6/00 (change from May 30 in brackets):MetalStock(tonnes)Change…
In Ontario’s Timmins camp, a deep hole is testing for volcanogenic massive sulphide deposits on strike with the similar-type Kidd Creek deposit.The 2,200-metre hole is being sunk on the Whitestar Sout…
The Gold Quarry pit, situated in Nevada’s Carlin trend, faced a shutdown in the second quarter. However, higher-than-anticipated drill assays and the startup of the bio-milling circuit have increased …
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