News

METAL PRICES (January 31, 2000)

BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJan. 25Jan. 24Jan. 21Jan. 20…


CDNX rides the hi-tech bull

The Canadian Venture Exchange broke a new record in the report period ended Jan. 25, gaining 174.37 points, or 6.26%, and closing at 2,785.82. Hi-tech and Internet stocks continued to dominate the mos…


Battle for Dukat project heats up

An arbitration court in the northeastern Russian region of Magadan has agreed to hear a case aimed at overturning Moscow-based Kaskol Group’s winning bid for assets of the Dukat silver mine. The rulin…


Diavik refused permit

Canada’s Department of Indian Affairs and Northern Development (DIAND) has refused to issue Aber Resources (ABZ-T) and London-based Rio Tinto (RTP-N) an interim land use permit for the US$1.3-billion …


Newmont posts record production in latest quarter

An improved gold price and record gold production helped Newmont Mining (NEM-N) earn US$46.8 million, or 28 per share, in the quarter ended Dec. 31, 1999.Newmont posted record production of 1.22 mill…


Wheaton posts record profits

Higher grades and recovery rates at the Golden Bear heap-leach mine in northern British Columbia have translated into record earnings for Wheaton River Minerals (WRM-T).In 1999, the company turned a p…


TSE Indices

— 2000 –DateJan. 25Jan. 24Jan. 21Jan. 20Jan. 19High…


Partners approve budget

Partners Western Copper Holdings (WTC-T) and Teck (TEK-T) have agreed to spend $4 million on engineering work at the San Nicolas copper-zinc deposit in Mexico’s Zacatecas state as part of a $6.6-milli…


Nevada tops for mining investment

For the second straight year, an international survey of mining companies has concluded that Nevada is the best place for mineral investment.The survey rated regions chiefly in terms of how confident …



French dictionary targets engineers

Montreal’s cole Polytechnique and the Beauchemin Group have jointly published a French- language engineering and geology dictionary.Written by Mohamed Bouna-Aly, the Dictionnaire du gnie et des scie…



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