Polymet begins drilling
Junior Polymet Mining (POM-V) has begun drilling on it NorthMet polymetallic project in northern Minnesota.The company intends drill 80-100 holes in a program that is expected to last one year (43,000…
News
Meetings (October 11, 1999)
Oct 12 ArizumaOct 12 AugustaOct 12 CordexOct 12 CorsairOct 12 DejourOct 12 Ris Res.Oct 12 Sepik GoldOct 12 United GunnOct 14 GreshamOct 19 FancampOct 13 AltoOct 13 HyperionOct 13 Northern GlacierOct 1…
Venturex to drill near Sudbury
Partners Consolidated Venturex Holdings (CVA-V) and Pacific North West Capital (PFN-A) will drill-test twocopper-nickel-plantinum-palladium properties near Sudbury, Ont.Mapping on the Davis-Kelly prop…
Cameco cuts high grade at Dawn Lake
Drilling by Canadian giant Cameco (CCO-T) has intersected high-grade uranium mineralization at a group of claims near La Rocque Lake in the Athabasca Basin of northern Saskatchewan.The claims, 55 km n…
COMMENTARY — Platinum jewelry sales on rise
During the past two decades, global demand for platinum has surged.Applications using platinum are widespread in automobiles, fuel cells, electronic components, catalysts, medicine and jewelry.Johnson…
GREATEST VALUE TRADED (October 11, 1999)
ExchgValue ($000s)HighLowCloseChangePlacer DomeT9…
Union Miniere buys stake in America Mineral Fields
By way of a $22-million private placement, Brussels-based major Union Miniere is acquiring a 20% interest in America Mineral Fields (AMZ-T), part owner of the stalled Kolwezi copper-cobalt tailings pr…
Moydow and Normandy explore Ntotoroso property
Dublin-based Moydow Mines International (MOY-T) and Normandy Mining (NDY-T) are wrapping up a 300-hole drilling campaign that has substantially extended Zone E at the partners’ Ntotoroso property in G…
WESTERN MARKETS — Composite makes steady gains on VSE
The Vancouver Stock Exchange composite index continued its bullish charge during the report period ended Oct. 5, rising 5.73 points, or 1.4%, to finish the week at 422.63. The mining index broke the 3…
EASTERN MARKETS — Gold prices, stocks remain volatile
It was another wild week for gold, with spot prices oscillating between the upper US$290s-per oz. and nearly US$340 before settling up US$7.75 over the week at US$325 per oz. on the London morning fix…
SUPPLIERS NEWS ROUNDUP — Codelco hires Kvaerner
The South American division of Kvaerner has been awarded a US$17-million contract to upgrade the processing circuit at the Radomiro Tomic copper mine in northern Chile.The firm will design and oversee…
Red Dog area find targeted for more drilling
Winter weather has brought drilling to a halt on a new high-grade zinc discovery of Cominco (CLT-T), 6 miles north of the company’s Red Dog mine in northwestern Alaska.Among the better results from re…