Clarifications
A statement in the Facts ‘n’ Figures column of our Feb. 7-13 issue indicated that development by Lyon Lake Mines of its Cerro Crucitas deposit in Costa Rica is on hold.This information appeared in a r…
News
Clow CIM lunch guest
Graham Clow, president of Manhattan Minerals, will speak at the next meeting of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum, to be held at noon on Feb. 17 at the O…
Canada, China ink trade deal
An agreement signed by Canada and China will allow for the exchange of mining knowledge and goods between the countries, says Natural Resources minister Ralph Goodale.The deal was signed by Goodale an…
Golden Peaks drills at Sierra de las Minas
Having completed 10 diamond drill holes on the V-1 gold vein at the Sierra de las Minas property in northwestern Argentina, Golden Peaks Resources (GL-V) is moving its rig northwest to the Core zone.T…
Eldorado reports private placement
Eldorado Gold (ELD-T) has raised $8 million in a private placement of 9.5 million special warrants priced at 90 each.Each special warrant is exchangeable for a unit, consisting of one share and half …
MEETINGS (February 14, 2000)
Feb 16 Webb Bay — annual, specialFeb 17 Camphor — annual, extraordinaryFeb 17 Caribgold — specialFeb 17 Cons. Copperstone — annual, generalFeb 17 Ede…
Scoping study in-hand
Based on the positive results of a scoping study by AGRA Simons, Diamond Fields International (DFI-T) plans to proceed to a full feasibility study for its wholly owned Marshall Fork feature, near Lude…
Phelps Dodge drops Princess option
The Canadian unit of Phelps Dodge (PD-N) has elected not to extend its option on the Princess property in Newfoundland. The base metal project is wholly owned by Cornerstone Resources, which in turn i…
Geomaque puts mine on hold
Low gold prices have forced Geomaque Explorations (GEO-T) to suspend construction at its Vueltas del Rio project in Honduras.The Toronto-based company had planned to begin production in March, having …
Spot Prices Wed. February 9, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$306.00+$22.90Silver$ 5.36+$0.15…
Writedown dampens Battle Mountain’s results
The writedown of its interest in the Crown Jewel gold project in Washington state, combined with losses related to its interest in Niugini Mining, pushed Battle Mountain Gold (BMG-N) into the red for …
Blue Bird owes debt to Bagdad
I read with great interest the letter “Arizona birthplace of SX-EW process” in your Jan. 17-23 issue. The letter is only partially correct.Solvent extraction-electrowinning was pioneered in Arizona. R…