PolyMet finances NorthMet exploration
PolyMet Mining (POM-V) has received US$500,000 in exploration financing as part of a joint-venture agreement with Australia’s North Ltd.The funds, which constitute the first part of a private placemen…
News
Trivalence tests K-23 at depth
With a positive audit in hand, Trivalence Mining (TMI-V) is proceeding to test the K-23 kimberlite at depth.The pipe is on the 85%-held Aredor concession in Guinea, 1.1 km upstream from the BAI-4 allu…
IMA adds to portfolio
Junior IMA Exploration (IMR-V) has picked up additional ground in Argentina’s San Juan province.The Vancouver-based company has negotiated the acquisition of the Mogote property, 70 km north of the re…
Southern Rio acquires Chilean prospect
Junior Southern Rio Resources (SNZ-V) has gained the right to acquire a copper-gold porphyry prospect in Chile.The Santo Tomas property comprises 63 sq. km at an elevation of 3,300 metres, 20 km south…
Wheaton River profits from early spring
An early start at its seasonal Golden Bear mine translated into record production and profits for Wheaton River Minerals (WRM-T) in the first half of the year.Earnings for the six months ended June 30…
Pacific North West focuses on River Valley
Pacific North West Capital (PFN-V) has kicked off a second phase of drilling on the River Valley project, 65 km northeast of Sudbury, Ont.The property covers most of the northern portion of the River …
Copper Ridge options Howard’s Pass
Copper Ridge Explorations (KRX-V) has acquired an option to purchase the Howard’s Pass zinc-lead deposit, on the Yukon-Northwest Territories border, from Placer Dome (PDG-T) and U.S. Steel. The price …
Sharing our land
Canada’s mining history was in no small way shaped by native Canadians who led European settlers to sites where they mined native copper. They made the first discoveries in the Klondike, and were amon…
Marine miner encounters rough seas in Namibia
Unexpectedly difficult mining conditions, combined with an extended port call, hindered Namibian Minerals’ (NMR-T) diamond production in the first half of 2000.The ocean miner cranked out about 100,00…
PEOPLE (July 24, 2000)
Silver Standard — David Johnston appointed director.SouthernEra — Frank van de Water appointed vp and chief financial officer.
Toronto Stock Exchange Indices (July 24, 2000)
DateJuly 18July 17July 14July 13July 12HighLowTSE 30010735.4710844.5010778.8010679.3010572.8510873.486717.51Mines & Minerals3402.563402.513420.903440.353425.034851.753214.4…
Freeport reports drop in sales
Freeport-McMoRan Copper & Gold (FCX-N) incurred a loss in the second quarter, owing to lower metal sales.For the three months ended June 30, Freeport posted a loss of US$19 million (12 per share), co…