Glamis buys Cambior’s stake in Cerro San Pedro
Reno-based Glamis Gold (GLG-N) has purchased the Mexican assets of beleaguered Cambior (CBJ-T) for US$7 million.Through its Mexican subsidiary, Cambior controls several companies with exploration and …
News
Boston deposit reveals bonanza grades
Infill drilling at the Hope Bay project, in the Hope Bay greenstone belt of northwestern Nunavut, indicates that the Boston gold deposit is richer than previously thought.Partners Miramar Mining (MAE-…
Chaos in Sierra Leone
If there’s a hell on earth, it must be Sierra Leone. What could be more horrific than rebel army leaders ordering child-soldiers to murder unarmed civilians, including family members? And what could b…
Baie-Comeau site of conference
Prospectors, geologists and other interested parties will meet from June 2 to 4 in Baie-Comeau, Que., to discuss exploration on the province’s North Shore.It will be the third such summit, which is he…
International Wayside cuts lower grades at Cariboo
Junior International Wayside Gold Mines (IWA-V) is disappointed by drill results from its Cariboo gold property in north-central British Columbia.Drill holes 9 and 14 cut broad intervals of lower-grad…
Four missing at Grasberg mine
An accident at the Grasberg open-pit copper-gold mine in Irian Jaya, Indonesia, has left four people missing.Louisiana-based Freeport-McMoRan Copper & Gold, through its operating unit, P.T. Freeport I…
Tulawaka tests spawn optimism
Partners Pangea Goldfields (PGD-T) and Explorations Minires du Nord (MDN-T) have received encouraging metallurgical results from their Tulawaka gold project in Tanzania.Composite samples for the talu…
LaRonde mine to have deepest shaft
In early March, MacIsaac Mining & Tunneling blasted the last bench in the No. 3 shaft at the LaRonde gold mine, owned by Agnico-Eagle Mines in northern Quebec. At 2,259 metres (7,380 ft.), it is now t…
Budget gives boost to mining
The Ontario Mining Association (OMA) is singing the praises of Premier Mike Harris and Finance Minister Ernie Eves for giving a boost to mining in their recently tabled provincial budget.The governmen…
Spot Prices, Wed. May 10, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$277.80+$0.20Silver$ 5.03+$0.03…
Producer and Dealer Prices (May 15, 2000)
Antimony: Mid-mkt US$1,095/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US…
TSE Shorts (May 15, 2000)
Short positions outstanding at April 30, 2000Larger individual positions include:Abitibi-Consolidated Inc. 3,095,372 up 1,809,643; Alcan Aluminum Ltd. 698,147 up 298,204; Anderson Exploration Ltd.