Queenston cuts gold at Pandora
Drilling at Queenston Mining’s (QMI-T) wholly owned Pandora gold property, east of Rouyn-Noranda, Que., has uncovered a new gold occurrence at depth.When the program began, in late 1999, privately hel…
News
Goldcorp, union reps at odds
Talks between Goldcorp (G-T) and union officials from the United Steel Workers of America, who represent workers at the Red Lake mine in northern Ontario, have broken down again. The latest sticking p…
Altius seeks joint venture at Butler’s Pond project
Junior Altius Minerals (ALS-V) is seeking a joint-venture partner at its recently acquired Butler’s Pond property in eastern Newfoundland.Butler’s Pond comprises 25 sq. km on the southern lobe of a Pr…
Drilling resumes at Silvertip
Partners Peruvian Gold (PVO-V) and Imperial Metals (IMP-T) have launched a 3,500-metre program of underground exploration drilling at the Silvertip zinc-lead-silver project in northwestern British Col…
EVENTS (January 17, 2000)
Jan. 25-28 B.C. & Yukon Chamber of Mines — “Cordilleran Geology and Exploration Roundup.” Hotel Vancouver, Vancouver, B.C. Tel: (604) 681-5328.Jan. 30-Feb. 2 American Zinc Association — “Internation…
Strong metal markets drive up broad market
Strong performances by metal markets helped push up the Toronto Stock Exchange 300 index during the Jan. 5-11 report period. The index rose 240 points to 8,442.61. Meanwhile, the metals and minerals s…
Ontario signs on for Western coal
Luscar has signed a 3-year deal to supply coal to Ontario Power.No dollar figure was attached to the deal, with Luscar saying prices will be adjusted yearly according to the consumer price index. The …
Pioneer renews efforts at Riou Lake property
Follow-up electromagnetic surveys are under way at the Riou Lake uranium project in the Athabasca Basin of northern Saskatchewan.Pioneer Metals (PSM-T) says the surveys, comprising 140 line km, are de…
St Andrew replenishes coffers
Faced with a dwindling cash position, St Andrew Goldfields (SAS-T) has raised $3.3 million for its projects in the Timmins camp of northern Ontario.In early December 1999, St Andrew received a 14-mont…
Diamond sector enters 2000 on bullish note ( Part 2)
Kennady LakeLast winter, Monopros, the Canadian exploration arm of De Beers, collected bulk drill samples from a cluster of four pipes at Kennady Lake in the Northwest Territories (5034, Hearne, Tuzo …
Diamond sector enters 2000 on bullish note ( Part1)
Underlying market sentiment for the diamond mining sector, from a sales perspective, remains positive going into the new year.De Beers Consolidated Mines (dbrsy-q) announced record diamond sales in 19…
Mining will emerge from Twilight Zone: Yorkton analysts
Mining analysts Douglas Leishman and Art Ettlinger of Yorkton Securities are optimistic that better times are ahead for the mining sector. In a recent research report titled 2000 and Beyond: The Journ…