Drilling resumes at Meadowbank gold project
A staged $1.5-million program of drilling and surface exploration is under way at the Meadowbank gold property, near Baker Lake, Nunavut.Cumberland Resources (CBD-T) is focusing on showings discovered…
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EVENTS (May 08, 2000)
May 8-13 McGill University (Dept. of Mining and Metallurgical Engineering) — “Geostatistical Simulations for the Mining Industry.” Frank Dawson Adams Building, Montreal, Que. Contact Norma Porcyshyn….
Deep inside the Pioneer
I once accepted an invitation to tour the Pioneer underground mine in British Columbia; it was my first experience with a shaft operation.Mac Hunt and I left the mine dry and crossed the access road t…
Kinross awash in red ink
Stagnant gold prices have forced Kinross Gold (K-T) to chalk up another quarterly loss.Net losses for the first three months of 2000 totalled US$7.8 million (or 3 per share) on revenue of US$70 milli…
Pierina, Goldstrike power Barrick’s quarter
On the back of excellent contributions from the Pierina mine in Peru and the Goldstrike property in Nevada, juggernaut Barrick Gold (ABX-T) has posted stronger-than-expected results for the first quar…
Mining: the year in review
Nineteen ninety-nine was both difficult and disappointing for British Columbia’s mining industry: two mines closed and no new mines were opened. Moreover, mineral exploration spending plummeted dramat…
MOST ACTIVE ISSUES, April 26-May 2
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Producer and Dealer Prices (May 08, 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$16.35-17.50/lb.Copper: Comex May US$0.8175/lb.Indium: In…
Medinah gets mixed results in Chile
Follow-up drilling on a hot hole at the Alto de Lipangue gold-copper property in central Chile has returned mixed results for Medinah Mining (MDHM-O).Hole 8, drilled in late December 1999, intersected…
Placer Dome aims to improve performance
The interests of stakeholders and shareholders were a study in contrasts at the recent annual meeting of Placer Dome (PDG-T), held in Toronto. While shareholders wanted action to improve the weak shar…
New zone keeps Cominco in pink at Red Dog
A zinc district potentially richer than any other in the world is emerging in northwestern Alaska, as evident by last year’s discovery of significant new zinc-lead mineralization 10 km north of Cominc…
No Headline (May 01, 2000)
AGX Resources (axs-v) has changed its name to Consolidated AGX Resources (csx-v) on a 1-new-for-4-old-share basis.