News

Gold

Newmont Mining (NEM-N) is following the trend of other major gold producer eager to discover multi-million-ounce deposits that have potential for turning a profit at currently low prices. The Denver, …


Summo confirms SE Extension

An ongoing 50-hole drill program by Summo Minerals (SMA-T) on the SE Extension copper oxide deposit in southeastern Utah has so far extended the deposit for at least 2,200 ft.The program covers a 2,20…


Minera Andes drills in southern Argentina

A drilling crew dispatched by Minera Andes (MAI-V) has completed a 10-hole program at the Huevos Verdes gold-silver target on the Cerro Saavedra property in southern Argentina’s Santa Cruz province.Re…


Apex snares financing for San Cristobal

Two of the world’s major lending agencies have agreed to help finance the San Cristobal silver-zinc project of Apex Silver Mines (SIL-X) in southwestern Bolivia.The agencies are International Finance …


Jericho diamond project to stand alone

A facilities-use agreement between Tahera (TAH-T) and Echo Bay Mines (ECO-T) has fallen apart, throwing a wrench into the feasibility study for the proposed Jericho diamond mine in Canada’s Nunavut Te…


TSE Shorts (May 29, 2000)

Short positions outstanding at May 15, 2000Larger individual positions include:Abitibi-Consolidated Inc. 1,285,729 up 194,498; Alcan Aluminium Ltd. 509,745 down 150,432; Anderson Exploration Ltd.



Inmet, Tri Origin team up in Australia

An electromagnetic survey by Inmet Mining (IMN-T) and Tri Origin Exploration (TOE-T) is probing Australia’s Woodlawn mining district for massive sulphide deposits.Inmet can earn 60% of Tri Origin’s in…


MEETINGS (May 29, 2000)

May 29 Band-Ore — annual, specialMay 29 Boliden — annualMay 29 Caledonian — extraordinaryMay 29 Dayton Mining — annual, generalMay 29 Inca Mining…



South Malartic tables Croinor prefeasibility

Junior South Malartic Exploration (MSU-M) has released the results of a prefeasibility study on the Croinor gold project, 75 km from Val d’Or, Que.The study, conducted by MRB & Associates, was based o…


Aurizon Mines poised to revive mining camp

Back in the mid-1980s, Quebec’s Casa Berardi camp was making news across Canada, including the front pages of this newspaper. The camp has since fallen on hard times, with its operations either deplet…


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