Cumberland extends trend
Following the discovery of new showings, Cumberland Resources (CBD-T) has quadrupled the size of its Meadowbank gold property in Nunavut.In 1999, Cumberland took 480 samples (grab, chip and float) fro…
News
Golden Star in black
Golden Star Resources (GSR-X) expects to report an operating profit on the strength of production from its 70%-owned Bogoso mine in Ghana.In the fourth quarter of 1999, the mine produced 36,074 oz. go…
Canadian miners suffer broad market decline
The tone for the Jan. 19-25 report period was set by gold, which sank US$3.85 over the week to US$284.90 per oz. on the London morning fix of Jan. 26.On Jan. 25, the Bank of England held another gold …
EVENTS (January 31, 2000)
Jan. 30-Feb. 2 American Zinc Association — “Int’l Zinc Conference.” Marriott’s Camelback Resort, Scottsdale, Ariz. Contact Cricket Forster. Tel: (202) 835-0164. Web site: http://www.zinc.orgFeb…
INDEX (January 31, 2000)
Aber Res.1Altoro Gold3Ashanti Goldfields6BacTech Met.1Barrick Gold3Battle Mt. Gold14Crown Res.14Cumberland Res.13Eldorado…
Regulators flip-flop on Crown Jewel
A pollution control board in Washington state has revoked water rights and the water quality permit for the Crown Jewel project, reversing eight years of study by owners Battle Mountain Gold (BMG-N) a…
Funds buy on expected demand strength
Fund enthusiasm for base metals continued unabated in the report period Jan. 17-21. Large volumes of speculative money flowed into the market, pushing both copper and aluminum to fresh peaks for the c…
Producer and Dealer Prices (January 31, 2000)
Antimony: Mid-mkt US$1,200/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.70-15.60/lb.Copper: Comex Mar. US$0.8425/lb.Indium: I…
MEETINGS (January 31, 2000)
Feb 1 Canaustra — annual, generalFeb 1 Condor — annual, generalFeb 2 Arena — annual, specialFeb 2 Donrand — general, specialFeb 2 Hixon –…
Altoro expands Esbarro prospect
The remaining 13 holes of an 18-hole drill program at the Pedra Branca platinum-palladium project in northeastern Brazil have returned encouraging values for Altoro Gold (ATG-V).Targeting near-surface…
Foran advances McIlvenna
Deep drilling by Foran Mining (FOM-V) at its McIlvenna Bay zinc-copper-gold deposit in Saskatchewan continues to intersect polymetallic mineralization.Hole 120A, drilled near the western edge of the d…
Sulliden cuts narrow gold
A 10-hole drill program by Sulliden Exploration (SUE-M) has failed to replicate previous promising surface results from the Santo Toribio project in west-central Peru. The company will now target a si…