Francisco pulls hot values from Marlin
Vancouver-based Francisco Gold (FGX-V) is off to a good start at its recently acquired Marlin property in western Guatemala.The junior encountered significant gold-silver mineralization in 13 of 15 ho…
News
The Northern Miner — North American Mining Index (October 30, 2000)
63.03 (+0.45)(Sept. 30/98 = 100)…
Sherritt’s profits rise, debentures shrink
A combination of stronger oil prices, higher production and fewer taxes translated into improved third-quarter earnings for Sherritt International (S-T).Net income for the three months ended Sept. 30 …
Mansfield, Atna bright spots in junior sector
Mineral exploration frauds such as Bre-X Minerals in Indonesia, combined with the Asian financial crisis of the late 1990s, are chiefly responsible for the ongoing slump in junior resource stocks, acc…
Gold Funds (October 30, 2000)
Gold Funds as of Oct 19, 2000Dynamic MutualCentral FundNet Value$11.88$5.44Price$7.00…
Decline in prices continues
During the report period Oct. 16-20, all the base metals listed on the London Metal Exchange (LME) suffered declines in their weekly average prices. Once again, nickel and zinc prices were hardest-hit…
Goldcorp cuts ribbon at reborn Red Lake mine
It began life in 1948 as Dickenson Mines’ Arthur White gold mine and went on to produce more than 3.1 million oz. without interruption until a strike forced a shutdown in 1996. Recently, under the own…
EVENTS (October 30, 2000)
Nov. 3-4 PGM Exploration — Short course. Organizers: Laurentian University, University of Toronto and University of Western Ontario. To be held at Laurentian University Campus, Sudbury, Ont. Tel: (70…
Correction (October 30, 2000)
In our report on Anaconda Nickel’s Murrin Murrin project in Australia (T.N.M. Oct. 9/00), mine geologist Tim Markwell was incorrectly identified as Tim Blackwell.
Partners update Duck Pond resources
Partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T) have announced the preliminary results of a bankable feasibility study under way at the high-grade Duck Pond copper-zinc massive-sulp…
BC peak deemed more fitting
I agree with the points you make in the editorial “Mount Logan forever” (T.N.M., Oct. 16-22) regarding the re-naming of Mount Logan to honour the memory of former prime minister Pierre Trudeau.Althoug…
TSE Shorts (October 30, 2000)
Short positions outstanding at October 15, 2000Larger individual positions include: Abitibi-Consolidated 1,613,951 up 619,717; Alcan Aluminium 536,841 up 100,179; Anderson Exploration 1,762,…