Billiton wins La Granja lottery
Denver — After week’s delay caused by the resignation of Peruvian President Alberto Fujimori, London-based Billiton has won its bid for a 5% royalty interest in the giant La Granja copper property.Bi…
News
External stakeholders
As the mining industry grows globally, companies are being forced to become more accountable to a wider array of stakeholders, according to a global survey by Amsterdam-based KPMG International.Forty-…
Stillwater inks long-term sales contracts
Denver — Stillwater Mining (SWC-X) has renegotiated and extended its long-term sales contracts to take advantage of bullish prices in platinum and palladium markets.The new arrangements establish hig…
Kinross drills George Lake
Impressed by drill results from the George Lake property in Nunavut, Kinross Gold (K-T) has decided to extend the program by 9,000 metres.Kinross can earn a 70% interest in the property from Wheaton R…
Dairi project continues to grow
International Annax Ventures (IAX-V) continues to intersect high-grade mineralization at the Dairi zinc-lead project, in northwestern Sumatra, Indonesia.Sectional drilling in the Anjing Hitam area of …
Northair tables Lobos trench results
Results from mechanized trenching indicate that the Lobos gold project, in Mexico’s Sinaloa state, has bulk-tonnage potential, according to International Northair Mines (INM-V).The property lies along…
Gitennes to drill massive sulphide showing in BC
Vancouver-based Gitennes Exploration (GIT-T) has arranged a brokered $300,000 private placement financing to fund further exploration of the Fox massive sulphide showing in southern British Columbia.I…
Producer and Dealer Prices (December 04, 2000)
Antimony: Mid-mkt US$1,510/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US…
Metal Prices (December 04, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 28Nov. 27Nov. 24Nov. 23Nov. 22Aluminium1512.50…
CDNX slips under 3,000 mark
Vancouver — The blood-letting continued on Canada’s junior exchange as all indices lost ground over the report period ended Nov. 28. The Canadian Venture Exchange composite index slipped below the 3,…
Spot Prices Wed. November 29, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$269.00+$2.55Silver$ 4.70+$0.08Platinum$600.00+$12.00…
Gold’s gain helps miners
Denver — The Dow Jones industrial average held steady at 10507.58, up 13.08 points, or 0.1%, during the report period ended Nov. 28, despite the fact that the U.S. presidential election remains unres…