Ashton perseveres at Roundrock JV
Ashton Mining of Canada (ACA-T) has discovered a new kimberlite at its 53.3%-owned Roundrock property, 200 km north of Yellowknife, N.W.T.The Cygnus pipe appears to represent a flat-lying, sill-like b…
News
Boliden (May 22, 2000)
Base metals markets showed further encouraging signs of responding to strong fundamentals during the report period May 8-12, with copper, nickel and zinc prices ending the week firmly. However, alumin…
Gold’s value in forensics
A laser beam shot at a gold surface reflects back a signal more than a million times stronger than other metals. This phenomenon, known as Surface-Enhanced Raman Scattering (SERS), is now being used t…
Metal Prices (May 22, 2000)
Daily Metal PricesDateMay 16May 15May 12May 11May 10BASE METALS (London Meta…
Majors form online market
Fourteen of the world’s leading mining companies have joined forces to form an independent, global Internet-based marketplace for the procurement of materials and supplies.The venture is designed to b…
MOST ACTIVE ISSUES, May 10-16
ExchgVol(000s)HighLowCloseChangeAlcoa*N 8628 68.44 64.56 66.94 + 0.82…
Northern Miner Indices (May 22, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick Gold…
EXCHANGE RATES (May 22, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 16May 15May 12May 11May 10…
GREATEST VALUE TRADED, May 10-16
ExchgVal($000s)HighLowCloseChangeAlcoa*N 577590 68.44 64.56 66.94 + 0.82…
Black Hawk reports mixed results
Despite record output and lower cash costs, Black Hawk Mining (BHK-T) failed to turn a profit in 1999.Net losses totalled US$12.3 million (or 10 per share) on revenue of US$31.7 million, compared wit…
Inmet options Altius ground
North-central Newfoundland is proving to be a popular destination for companies on the trail of massive sulphide deposits. Inmet Mining (IMN-T), by teaming up with Altius Minerals (ALS-V), is the late…
Iamgold rakes in profits from Sadiola Hill
The Sadiola Hill gold operation in Mali has allowed Iamgold (IIMG-T) to post hefty profits and boost its balance sheet to US$72.7 million in cash.The company and operating partner AngloGold (AU-N) eac…