NAME CHANGES (May 08, 2000)
Sand River Resources (SRL-V) has changed its name to Rio Fortuna Exploration (RFT-V) on a 1-new-for-7-old-share basis.
News
MEETINGS (May 08, 2000)
May 10 Bonanza — annual, specialMay 10 Boreale — specialMay 10 Corsair — annual, general, specialMay 10 Devlan — annual, generalMay 10 Velvet…
No Headline (May 08, 2000)
Gold Funds (May 08, 2000)
Dynamic MutualCentral FundNet Value$12.77$5.49Price$8.00$5.10Discount37.35%7…
Prefeasibility paints robust picture of Snap Lake project
A $40-million program of advanced exploration now under way at the NW Snap Lake project in the Northwest Territories will provide operator Winspear Resources (WSP-T) with all the information required …
Gitennes eyes Nunavut, Peru
Armed with airborne geophysical data, the world’s second-largest copper producer, Phelps Dodge (PD-N), is set to launch an 8-to-10-hole drill program on the Nowyak gold-silver-zinc property in Canada’…
Carrington to speak at BC Mining Week
John Carrington, vice-chairman of Barrick Gold, will be the keynote speaker at Mining Week 2000, to be held May 7-14, in Vancouver, B.C.His presentation, titled Mining for the future: much to gain, mu…
Red Dog drives Cominco
Higher operating profits at the Red Dog mine and the Trail smelter allowed Cominco (CLT-T) to reduce its debt considerably in the first quarter.Cash flow during the 3-month period was $91 million (or …
Miners advance without gold
The Dow Jones industrial average gave up the ground it recently gained, losing 393.70 points, or 3.5%, to close the reporting period April 26-May 2 at 10,731.12.Gold issues sparkled despite a drop in …
Metal Prices (May 08, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)Aluminium1453.50/1479.50Holiday1455/1485…
Toronto Stock Exchange Indices (May 08, 2000)
— 2000 –DateMay 2May 2…
El Peon vitalizes Meridian’s quarter
A successful startup at the El Peon mine in northern Chile enabled Meridian Gold (MDG-N) to experience a 134% rise in gold production during the first quarter. Cash operating costs for the period wer…