El Peon mine up and running
In the span of only 10 months and at the relatively low capital cost of US$77 million, Meridian Gold (MDG-N) has succeeded in developing its El Peon mine, 160 km southeast of this coastal city. The r…
News
Cominco posts stellar results
Aided by the recent rally in base metal prices, Cominco (CLT-T) roared back into the black during 1999, ending a 2-year downturn that had battered its bottom line.The major zinc producer earned $131 m…
A light under a bushel
GeoCanada 2000, to be held in Calgary, Alta. from May 29 to June 2, promises to be an unusual event for Canadian geoscientists. It will be the first such summit for an estimated 5,000 earth scientists…
LME Warehouse Levels (February 14, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 8/99 (change from Feb. 1 in brackets):Aluminium819250(+30525)…
Oil group sets standard
One might say things in the mining industry look hopeless: metals prices are low; exploration budgets have been slashed; junior mining companies have either disappeared into the woodwork or turned to …
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…
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…