TVX pockets quarterly profit
Bucking the industry trend, TVX Gold (TVX-T) turned a tidy profit in the three months ended March 31.Earnings topped US$4 million (or 1 per share) on revenue of US$42.1 million, compared with US$4.9 …
News
Band-Ore intensifies drilling near Wawa
While awaiting assay results from drilling programs on two of its Ontario properties, Band-Ore Resources (BAN-T) has begun drilling on a third.At the GQ diamond property, near Wawa, Ont., three short …
PGM at high demand
Rising demand and uncertainty over Russian supplies are evoking primary producers of platinum group metals to expand production at an unprecedented rate.Plagued by archaic technology and having only l…
Polymet proceeds with pilot plant
Armed with $2 million from a recent financing, Polymet Mining (POM-V) intends to push ahead with construction of a pilot plant at the headquarters of Lakefield Research, near Peterborough, Ont. The pl…
Wayside undergoes operational audit
Shareholders have finally learned why trading in International Wayside Gold Mines (IWA-V) has been halted since May 11.Officials of the Canadian Ventures Exchange cite the need for an operational audi…
Partners outline 500,000-tonne resource at Mel deposit
Partners Inco (N-T) and Nuinsco Resources (NWI-T) have released a mineral resource estimate of 550,000 tonnes grading 1.69% nickel for the Mel deposit in what is considered to be a dislocated part of …
One world
Back in 1989, famed geologist Franc Joubin (1911-1997) signed a copy of his autobiography, Not for Gold Alone, which has become a cherished reference book in The Miner’s library. At the time, North Am…
Drilling reveals new zone at Hope Bay
Infill drilling at the Hope Bay gold project, in Nunavut, has discovered a new zone of mineralization for equal partners Miramar Mining (MAE-T) and Cambiex Exploration (CBX-T).Dubbed Stringer, the zon…
Market woes fail to spark gold
The overall market took a beating as the Dow Jones industrial average plunged 512.30 points, or 4.7%, during the report period ended May 23 to close at 10,422.27. The Nasdaq also continued its losing …
Queenstake tables study for Magistral
A feasibility study of the Magistral gold project in Mexico’s Sinaloa state indicates that the low-grade resource could be economically viable.”The potential of the project to demonstrate a robust rat…
Mining companies take on global warming
A pamphlet published by the Mining Association of Canada (MAC) singles out four major companies for taking action to address growing concerns over global warming.Many believe that the mining industry …
EVENTS (May 29, 2000)
May 29-June 2 PanCanadian Petroleum — “GeoCanada 2000.” University of Calgary, Calgary, Alta. Contact Jon Dudley. Tel: (403) 290-2000. Web site: 222.geocanada2000.comMay 31-June 1 Int’l Investment Co…