Summo options copper deposit
Summo Minerals (SMA-T) will acquire the Terrazas copper-zinc project in Chihuahua state, Mexico, in return for paying US$3 million and spending at least US$2 million on exploration.The vendor retains …
News
Partners drill at Pickle Crow
Drilling at the past-producing Pickle Crow gold mine in northwestern Ontario has produced encouraging results for partners Wolfden Resources (WOLF-C) and Jonpol Explorations (JON-T).Eight holes tested…
Golden Phoenix expands Borealis
Golden Phoenix Minerals (GPXM-O) has boosted the resource at the Borealis property in southern Nevada to 1.2 million oz. gold.The expansion is a reflection of a new resource calculation for the Freedo…
Silver linings not just for clouds
Silver-coated nylon thread has been proven to kill bacteria and is being developed for a number of consumer and institutional uses.A silver-coated fibre manufactured by a Pennsylvania-based medical su…
Revisions to TNM indices
The Northern Miner has revised its North American Mining and Small Producers Indices to reflect changes in the quarter ended Dec. 31, 1999.The North American Mining Index takes on Cominco (CLT-T) and…
MOST ACTIVE ISSUES, 1999
Volume(000s)HighLowClosePlacer DomeT 698181 26.00…
Platinum demand soars
In 1999, demand for platinum was expected to reach a new record of 5.6 million oz., according to a report by a British-based metals analyst. Use of the metal in jewelry is believed to have increased a…
The rise and fall of an Ontario gold camp
Canada’s Forgotten Gold Rush: The Goldfields of Larder LakeBy Vernon Dufresne andClark Thompson(For price and availability, contact the authors at crtja@ntl.sympat…
Expert inspects Seahawk find
Seahawk Minerals (SKM-V) has commissioned an expert to examine two walnut-size stones recovered from drill core at the Piteiras project in eastern Brazil. Each weighs about 75 carats.The 3,900-metre d…
Drilling adds sparkle to Magistral
Drilling by Queenstake Resources (QRL-T) has intersected high-grade gold values below the projected open pit at the Magistral property in Sinaloa state, Mexico, exceeding the company’s expectations.Th…
INDEX (January 10, 2000)
Aber Res.14Alberta Engergy2Archon Min.10Ashton Min.2, 3, 6, 20Atlas17Barrick Gold1Berland Res.6Black Range6Botswana Dia.2…
Atlas emerges from bankruptcy
Creditors and the U.S. Bankruptcy Court have approved a plan of reorganization submitted by Atlas (ATSP-OTC).Under the plan, the company will no longer be liable for reclamation of the Moab uranium mi…