Mining index posts gains on Venture Exchange
The Canadian Venture Exchange index ended the report period June 14-20 up a meager 5.93 points, or 0.2%, at 3,470.43. The mining index led all indices, rising 160.83 points, or 3.9%. to finish at 4,30…
News
De Beers calls for action
De Beers Consolidated Mines has sent a letter to diamond associations and exchanges, urging them to prohibit the use of “conflict diamonds” in Africa.The term refers to diamonds that are stolen from l…
Vista aims to restart Hycroft
With a capital infusion of US$11.9 million, Vista Gold (VGZ-T) believes it can restart production at the Hycroft mine in northeastern Nevada.A run-of-mine, heap-leach operation could produce 350,000 o…
Metal Prices (June 26, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 20June 19June 18June 15…
White Knight drills prospect
White Knight Resources (WKR-V) will conduct a 15,000-ft., 10-hole drilling program at the Squaw Creek gold project, in the northern part of Nevada’s Carlin trend.The US$300,000-campaign will be funded…
Houston tests Pakeagama Lake
Check assaying of channel and grab samples from the Pakeagama Lake property in northwestern Ontario is confirming the potential of a rare-metal-bearing pegmatite for Houston Lake Mining (HLM-V).The hi…
Korean conflict benefits base metals
JULY 1950Commodities closely associated with the Far East have been soaring in price. Tin has risen 15 since the Korean affair started.Meanwhile, the Chinese have cut off shipments of tungsten to the…
Newmont takes on Black Hawk gold concessions
Black Hawk Mining (BHK-T) has dealt an option to Newmont Mining (NEM-T) under which the big gold miner can earn a majority interest in exploration concessions around Black Hawk’s Limon mine in Nicarag…
Northern Miner Indices (June 26, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.0…
St. Elias targets Prospecto Lado
An ongoing channel-sampling program on the Cueva Blanca gold property in Peru is allowing St. Elias Minerals (SLI-V) to enhance a promising new gold zone.Situated south of the Zona Verde prospect, whi…
White Knight drills project
White Knight Resources (WKR-V) will conduct a 15,000-ft., 10-hole drilling program at the Squaw Creek gold project, in the northern part of Nevada’s Carlin trend.The US$300,000-campaign will be funded…
TSE INDICES (June 26, 2000)
52-wkDateJune 20June 19June 16June 15June 14HighLowTSE 30010239.8810…