Eldorado Gold squeaks out profit
Vancouver — Despite lower production and higher costs, Eldorado Gold (ELD-T) turned a small profit in 2000.Earnings amounted to US$1.1 million (or US1 per share) on revenue of US$53.4 million, compa…
News
Billiton, BHP to form mining behemoth
London-based Billiton and Australia’s BHP (bhp-n) are merging to form one of the world’s largest diversified resource companies, to be known as BHP-Billiton.The merger is to take place under a “dual-l…
Aurogin Res. options Bathurst base metal property
Toronto-based Aurogin Resources (AUQ-V) has optioned a half-interest in a prospective base metal property in New Brunswick from privately held Heron Mines. The property is in the Belledune area, north…
Kendu kimberlite a dud
A kimberlite discovered by New Blue Ribbon Resources (NBL-V) in northern Alberta has proved barren.None of the 38 drill core samples, which weighed 170 kg in total, yielded any diamonds.Kendu was disc…
Producer and Dealer Prices (March 26, 2001)
Antimony: Mid-mkt US$1,320/t.Bismuth: Mid-mkt US$4.05/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.20-14.75/lb.Copper: Comex May US$0.801/lb.Indium: Ind…
GQ find yields high micro count for Band-Ore
A new discovery area on Band-Ore Resources’ (BAN-T) GQ property, 20 km west of Wawa, Ont., has returned high microdiamond counts from boulders consisting of diatreme breccia.Four new samples, each wei…
GREATEST VALUE TRADED, MAR. 14-20
Value($000s)HighLowCloseChangeAlcoa*N…
Diamond Fields, Trans Hex join forces in Namibia
Circumventing the need for financing, Diamond Fields International (DFI-T) has teamed up with South African miner Trans Hex Group to exploit the junior’s marine diamond property, off the coast of Nami…
Geoscientists provided with ethics code
Regulations under the Professional Geoscientists Act of Ontario, setting out licensing criteria and a code of ethics, are now in effect.The act, passed in June 2000, established the new Association of…
Canadian Mine Show a hit at PDAC
“It was pretty fun.”Those were the words of 9-year-old Angela Reid of Scarborough, Ont., after touring the Great Canadian Mine Show, which made its debut at the recent convention of the Prospectors & …
News – 26-MAR-01 (March 26, 2001)
INDEXAber10Agnico-Eagle16AngloGold3Ashanti3Atna1Aurogin3Balaclava3BandOre6Barrick2Bema2…
Exchange Rates (March 26, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 20March 19March 16March 15March 14…