NAME CHANGES (December 06, 1999)
Mango Resources (MRH-V) has changed its name to Consolidated Mango Resources (MRH-V) on a 1-new-for-5-old-share basis.
News
Correction (December 06, 1999)
In our Nov. 29 issue, we incorrectly stated that Phelps Dodge (PD-N) had spent US$9.6 million on the Alamo claims surrounding Azco Mining’s (AZC-T) Adelita silver project in Mexico’s Sonora state.The …
No Headline (December 06, 1999)
The Northern Miner — North American Mining Index (December 06, 1999)
91.85 (-1.60)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 06, 1999)
61.97 (-1.79)(Sept. 30/98 = 100)…
Bank of England sale knocks stuffing out of gold
In the wake of a third gold auction by the Bank of England, gold bullion prices fell heavily over the Nov. 24-30 report period, sinking US$6.45 to US$291.40 per oz. on the London morning fix of Dec. 1…
Boreal hits gold
Geochemical sampling has Boreal Exploration (BOR-M) off to a good start at two exploration permits near Chibougamau, Que.Four grab samples returned between 2.2 and 33.3 grams gold per tonne. All came …
Pangea hits gold at Imwero
Reconnaissance drilling at the Imwero property in the Lake Victoria district of Tanzania has uncovered gold for Pangea Goldfields (PGD-T).A series of widely spaced, shallow, rotary-air-blast holes ret…
BHP eyes porphyry target
The Chilean subsidiary of Australia’s Broken Hill Proprietary (BHP-N) has signed a letter-of-intent to acquire the Elvira copper porphyry prospect in the Atacama Desert.BHP can purchase the 110-sq. km…
Affiliates Wheaton, Kit propose marriage
Merger mania has taken hold of Wheaton River Minerals (WRM-T) and Kit Resources (KIT-T).An agreement-in-principal calls for Kit shareholders to exchange each of their shares for 0.408 share of the mer…
EVENTS (December 06, 1999)
Jan. 23-24 Cambridge House Int’l — “Vancouver Investment Conference.” Hotel Vancouver, Vancouver, B.C. Tel: (614) 888 227-7722.Jan. 25-28 B.C. and Yukon Chamber of Mines — “Cordilleran Geology and E…
Dianor grabs gold, copper near James Bay
Prospecting by Dianor Resources (DOR-M) has turned up three new showings at its MEP 1404, Yasinski and Yasinski North properties, about 45 km southeast of the town of Radisson near James Bay, Que.Grab…