Australia’s Ranger invests in General Minerals
Denver — The Australia-based company Ranger Minerals has purchased 4.5 million shares of General Minerals (GNM-T) in a non-brokereed private placement. The transaction is designed to finance explorat…
News
High Grade zone extends deeper (December 11, 2000)
Exploration drilling at the Red Lake gold mine in northern Ontario has extended the Hanging Wall 5 zone at depth. The zone is one of several comprising the producing High Grade deposit.Goldcorp (G-T) …
The Northern Miner — North American Mining Index (December 11, 2000)
74.09 (+4.48)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 11, 2000)
44.55 (+0.65)(Sept. 30/98 = 100)…
History repeats itself in Nevada
In many respects, 1999 was a replay of 1998 for Nevada’s mineral industry. The most significant difference was that gold production fell to 8.3 million from 8.9 million oz. — the first production dec…
Naldrett a geological icon
The credit lines for the Odds ‘N’ Sods column in your Nov. 12 issue do not do justice to the author, A.J. Naldrett.The speech referred to was given at Laurentian University’s convocation ceremony, whe…
High River settles dispute
High River Gold Mines (HRG-T) has withdrawn its objection to the sale of Incanore Gold Mines, a private Canadian company, to Queenstake Resources (QRL-T).Incanore is active in Burkina Faso, West Afric…
GREATEST VALUE TRADED, NOV. 29-DEC. 5 (December 11, 2000)
ExchgVal($000s)HighLowCloseChangeAlcoa*N 636829 31.56 27.06 31.50 +3.69…
METAL PRICES (December 11, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 5Dec. 4Dec. 1Nov. 30Nov. 29Aluminium…
Global warming, Part 2
When Maurice Strong opened Globe 2000, an environmental conference held last March in Vancouver, B.C., he urged delegates to “ignore the fear-mongers” who argue against “growing evidence and scientifi…
News – 11-DEC-00
Costs, writedown take toll on Bema
Vancouver — The triple-whammy of low gold prices, high production costs and a US$9.3-million writedown has pushed Bema Gold (BGO-T) deeper into the red.The Vancouver-based company posted a third-quar…