EVENTS (June 05, 2000)
June 6-8 Exhibition Management Services — Conference: “Pumps, Valves and Pipes Africa 2000.” Kyalami Exhibition & Conference Centre, Midrand, South Africa. Tel: +011 783 7250/1/6/9. Fax: +011 783 726…
News
Canada’s junior exchange loses ground
The Canadian Venture Exchange tumbled 86.35 points, or 2.6%, during the report period ended May 30 to close at 3,228.98. The mining index followed suit, losing 34.04 points, or 0.9%, to end at 3,904.6…
TSE INDICES (June 05, 2000)
2000May 30May 29May 26May 25May 24HighLowTSE 3009344.139060.059020.889043.70…
METAL PRICES (June 05, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 30May 29May 26May 25…
Metals markets still unsettled
Base metals prices trended gradually downward in the May 22-26 report period as the market continued to ignore the steady outflow of inventory from London Metal Exchange (LME) warehouses.Total LME sto…
Change for NSR, Tintina
Control of NSR Resources (NSR-T) and Tintina Mines (TTS-T) has passed to Juan Rassmuss, a mining entrepreneur, from Cecil Franklin, retiring chairman.Rassmuss intends to rejevenuate the companies by c…
Drills turn at Duck Pond (June 05, 2000)
Joint-venture partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T) have resumed drilling at their Duck Pond base metal project in central Newfoundland. The new phase of drilling will con…
Canadian Zinc galvanizes board
A newly elected board has taken over the helm of Canadian Zinc (CZN-T) in hopes of steering the Prairie Creek zinc project in the Northwest Territories closer to production.Mining engineer Malcolm Swa…
MEETINGS (June 05, 2000)
June 5 Broadlands — annual, generalJune 5 Weda Bay — annual, specialJune 6 Ascot Energy — annual, generalJune 6 New Doly Varden — annual, specialJune 6…
South-Malartic finds flat gold veins at Croinor property
In an ongoing drilling campaign, junior South-Malartic Exploration (MSU-M) has discovered a set of gold-bearing veins that are perpendicular to the main ore zone at the Croinor gold property, 55 km ea…
Minefinders pulls hot values
Minefinders (MFL-T) continues to report hot drill intercepts from its wholly owned Dolores gold-silver project in Mexico’s Chihuahua state.In the Main zone, hole 140 intersected 236.2 metres averaging…
Dow rises as metals fall
The Dow Jones industrial average rose 104.86 points, or 1%, to close at 10,527.13 for the report period ended May 30 on the strength of a late-week surge by the Nasdaq.Gold miners were mixed as the go…