News

MEETINGS (December 11, 2000)

Dec. 12 Apogee Minerals — annual, general extraordinary; 10 a.m., Ste. 1500, 1055 W. Georgia St., VancouverDec. 12 Banro — annual, special; 10 a.m., Ste. 3900, 161 Bay St., TorontoDec. 12 Canaco…


Eldorado finances Turkish projects

Vancouver-based Eldorado Gold (ELD-T) will use at least half the proceeds from a recent $10-million brokered private placement to advance its projects in Turkey.A syndicate led by Loewen, Ondaatje, Mc…


EVENTS (December 11, 2000)

Jan. 1-31, 2001 33rd Annual Canadian Mineral Processors Conference — Ottawa. Contact R.J. MacDonald. Tel: (613) 996-2283. Fax: (613) 996-9041.Jan. 18 Canadian Mining Hall of Fame — Royal York Hotel,…


High River settles dispute

High River Gold Mines (HRG-T) has withdrawn its objection to the sale of Incanore Gold Mines, a private Canadian company, to Queenstake Resources (QRL-T).Incanore is active in Burkina Faso, West Afric…


History repeats itself in Nevada

In many respects, 1999 was a replay of 1998 for Nevada’s mineral industry. The most significant difference was that gold production fell to 8.3 million from 8.9 million oz. — the first production dec…




Partners expand Antamina

The already-massive Antamina copper-zinc deposit in Peru just got bigger.Proven reserves now stand at 313 million tonnes averaging 1.3% copper, 1.06% zinc and 0.03% molybdenum, plus 14.13 grams silver…


Shareholders approve sale

Denver — Shareholders of Ashanti Goldfields (ASL-N) have approved the sale of half of the Geita mine to AngloGold (AU-N). The mine is in the Lake Victoria region of Tanzania.Ashanti’s two principal s…


Kimberlites found at Ekati

Drilling this past summer at the Ekati mine property in the Northwest Territories resulted in the discovery of 11 additional kimberlite pipes, raising the number of confirmed kimberlites to 136.Nine o…


Northern Miner Indices (December 04, 2000)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….


Rio sidelines De Beers in Ashton bid

London-based Rio Tinto (RTP-N) has received acceptances for 94.7% of the shares of Australia-listed Ashton Mining.The British major has further extended its offer to Dec. 13 to allow the remaining sha…


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