Goldcorp gives Red Lake mine a facelift
The Red Lake mine, one of Canada’s longest-running gold mines before labour troubles laid it to rest in 1996, is fast approaching its rebirth.Since May, Goldcorp (G-T) has spent $11.6 million rebuildi…
News
EDITORIAL & OPINION — ODDS ‘N’ SODS — Sandy gold
Shortly after the First World War, a mining engineering student was taken to a copper showing at Indian Reserve 70, south of Lake Abitibi in Quebec, by an Indian guide who had discovered it.”Not too m…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Yorkton analysts see turnaround at Eldorado Gold
Junior mining companies may be turning into dot.coms by the droves, but those still in the mineral exploration game are being closely watched by Yorkton Securities’ high-profile mining duo of Doug Lei…
Juniors invited to Minnesota
Minnesota is inviting exploration companies to take another look at the state’s mineral potential.The 1999 Minnesota Exploration Conference will be held Oct. 7 and 8 in Tower. It will focus on prospec…
Diesel conference planned
About 130 delegates from Canada and abroad are expected to attend the Mining Diesel Emissions Conference, to be held Nov. 3-4 at the Embassy Suites Hotel in Markham, Ont.In keeping with the theme of t…
GREATEST VALUE TRADED, SEPT. 15-21
ExchgVal($000s)HighLowCloseChangeAlcoa*N374416…
PRODUCER & DEALER PRICES (September 27, 1999)
Antimony: Mid-mkt US$1,190/t.Bismuth: Mid-mkt US$4.35/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$17.40-21.00/lb.Copper: Comex Dec. US$0.8365/lb.Indium: Indi…
More zinc at Gemini
Follow-up drilling of a massive sulphide discovery at the Gemini property in northwestern Quebec has turned up more zinc for junior Cancor Mines (KCR-M).The first hole intersected 3 metres (from 172.5…
Gitennes buys Newcrest’s Peruvian assets
Gitennes Exploration (GIT-T) has completed its acquisition of a 40% interest in the Rio Blanco copper project and other Peruvian assets from Australian miner Newcrest Mining.The Vancouver-based compan…
HBM&S speeds up 777 schedule
A $360-million program of capital expenditures will see Hudson Bay Mining & Smelting bring its new 777 Deposit, at Flin Flon, Man., into production by 2004, and maintain mine production at Snow Lake.H…
DIAMONDS — Nora to boost stake in Namibian venture
A $2-million private placement will enable Nora Exploration (NXI-M) to boost to 60% its interest in the Namibian gemstones concession, the second-largest offshore marine diamond concession in southern…
Eastmain considers reopening Stratabound’s CNE
A deal between property holder Stratabound Minerals (AB-A) and Eastmain Resources (ER-T) could see mining resume at a small massive sulphide deposit in the Bathurst, N.B., mining camp.The agreement gi…