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…
News
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.
Crew advances globally diverse assets
In a further bid to diversify its mining assets, Crew Development (CRU-T) has acquired a 100% interest in the Pamplona sulphur deposit in the Philippines. The deposit covers 39 sq. km on the island of…
Gold Funds (May 01, 2000)
Gold Funds as of April 20, 2000Dynamic MutualCentral FundNet Value$12.61$5.57Price$8.
A friend in Babbit?
The article “Canyon Resources files ‘takings’ suit against Montana” (T.N.M., April 17-23/00) states that Canyon Resources estimates the value of the McDonald deposit could reach US$500 million.This si…
Pacific Rim bullish over Luicho tests
Junior Pacific Rim Mining (PFG-T) has tabled encouraging results from bottle-roll tests of samples collected from its Luicho gold project in southern Peru, while noting that sampling has confirmed the…
Lac des les resource expected to grow
Ongoing drilling at the Lac des les palladium-platinum deposit, 85 km north of Thunder Bay, Ont., continues to expand the Roby zone.Since mid-January, North American Palladium (PDL-T) has sank 40 hol…