Partners resume work at Magistral
Partners Inca Pacific Resources (IP-V) and Anaconda Chile have kicked off a spring exploration program at their Magistral copper-skarn target in Peru.Anaconda stands to earn a 51% interest in the prop…
News
SARA a tool for extremists
Last week we published a letter by David Anderson, Canada’s environment minister, reassuring us that his Species at Risk Act (SARA) will be a kinder, gentler version of the American model, which even …
Richmont nabs Hammerdown
By purchasing the nearby Hammerdown deposit, Richmont Mines (RIC-T) has added an estimated four years to the life of its Nugget Pond gold mine, near Baie Verte, Nfld.The Montreal-based company paid pr…
Suzuki neutral in BC politics
In the editorial “Power to the people” (T.N.M., March 27-April 2/00), you list David Suzuki as among the environmentalists who have joined the board of the Green Party of British Columbia. Neither Dr….
Apex finances Bolivian project
Apex Silver Mines (SIL-X) has filed a shelf registration statement with the U.S. Securities and Exchange Commission as part of a plan to finance the San Cristobal silver-zinc project in Bolivia.To con…
Orezone joins Delta Gold
Junior explorer Orezone Resources (ORZ-T) has signed a preliminary agreement with Australian-based Delta Gold to form a joint venture at the former’s Intiedougou and Tomena properties in southwestern …
Yukon land grab familiar to Nova Scotian prospector
The Nova Scotia government saw fit to sign the Whitehorse Mining Initiative and declared 31 sites in the province as protected under the Parks and Protected Places fiasco. Then, it went through the mo…
Prospector seeks info on mining pioneer
I am looking for any kind of information regarding an extraordinary Englishman, Mr. William P. Lockwood, a mining engineer from England who revolutionized gold mining in Canada in the 19th century.Thr…
Exchange Rates (April 10, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApr. 4Apr. 3Mar. 31Mar. 30Mar. 29…
Canaccord sees possible double in N. A. Palladium
New reserves and a production expansion at the Lac des les mine in northwestern Ontario promise to bring the small platinum group metals producer North American Palladium (PDL-T) into prominence foll…
LME WHSE LEVELS (April 10, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Apr. 4/99 (change from Mar. 28 in brackets):Metal Stock(tonnes) Change…
Gold benefits from recent market whipsaw
The Dow Jones industrial average climbed 228.73 points to finish the report period ended April 4 at 11,164.84, despite wild fluctuations on the last trading day. It plunged as much as 500 points durin…