Gold Funds (August 21, 2000)
Gold Funds as of August 10, 2000Dynamic MutualCentral FundNet Value$12.71$5.40Price$7…
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Producer and Dealer Prices (August 21, 2000)
Antimony: Mid-mkt US$1,650/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.90-14.60/lb.Copper: Comex Sept. US$0.8705/lb.Indium: …
De Beers’ ticket
De Beers Consolidated Mines seems to have succeeded in its bid for Winspear Resources, having jumped its own offer for the company and secured the approval of Winspear’s board of directors. So the Nor…
Development begins at Earnscleugh
L&M Mining of Aukland, New Zealand, has accelerated development of its Earnscleugh gold project, on the west bank of the Clutha River, between Clyde and Alexandra.Perilya Mines of Western Australia ha…
TSE Shorts (August 14, 2000)
Short positions outstanding at July 31, 2000Larger individual positions include: Abitibi-Consolidated 934,994 down 209,467; Alcan Aluminium Ltd. 635,395 down 106,962; Barrick Gold Corp. 6,51…
Expansion brightens outlook for Tarkwa
The Tarkwa mine in southwestern Ghana, operated by Gold Fields (GOLD-Q), saw its production increase and its costs go down in the three months ended June 30, reaping the benefits of an earlier expansi…
Homestake hit by Eskay shortfall
A production shortfall at the Eskay Creek mine, north of Stewart, B.C., contributed to a disappointing second quarter for Homestake Mining (HM-N).The San Francisco-based company posted a loss of US$16…
Black Pearl options Bannockburn nickel find
An agreement with Outokumpu Mines sets the stage for Black Pearl Minerals Consolidated (BLKP-C) to earn 60% or more of the Bannockburn nickel discovery, 27 km west of Matachewan, Ont.The 2,288-ha prop…
Glamis advances San Martin mine
A progressive approach to community relations and the technical ability to operate low-cost mines have allowed Glamis Gold (GLG-T) to fast-track development of the San Martin gold mine, some 55 km nor…
NAME CHANGES (August 14, 2000)
Bradner Resources (BRD-V) has changed its name to Bradner Ventures (BVV-V) on a 1-new-for-7-old-share basis.
Defending globalization
Some used the good old-fashioned bullhorn, while others pontificated on alternative radio. And a few wrote passionate essays in avant-garde magazines denouncing globalization and praising American Pre…
Students plan platinum short course
Student chapters of the Society of Economic Geologists at Laurentian University and the Universities of Toronto and Western Ontario have arranged a 2-day short course on exploration for platinum group…