Battle Mountain upgrades Phoenix
Houston, Tex.-based Battle Mountain Gold (BMG-N) plans to expand the mining rate for its proposed Phoenix project by 40% to 30,000 tons per day.Average production at the project, situated in northern …
News
Franco-Nevada uses Nevada assets as springboard for growth
With the sole exception of the Ken Snyder mine in Nevada, Franco-Nevada Mining (FN-T) prefers to leave the operating of mines “to companies more expert in such matters.” Armed with a war chest of cash…
EVENTS (June 12, 2000)
June 11-14 Int’l Precious Metals Institute — “24th Int’l Precious Metals Conference.” Willimsburg Marriott Hotel, Williamsburg, Va. Fax: (850) 476-1548. E-mail: mail@ipmi.org Web site: www.ipmi.org…
Study examines growth strategies for mining industry
Growth Strategies for the Mining Industry:Acquisition or Exploration?by Virginia Heffernan, M.Sc.Published by Financial Times Energy…
AMT to sell copper production to General Motors
Toronto-based junior AMT International Mining (AAI-T) has signed a long-term off-take agreement for its Copper Creek copper-molybdenum project, 45 miles northeast of Tucson, Ariz.Over five years, begi…
Men of the Deeps to perform at Elliot Lake
A male choir consisting mostly of maritimers who sing about mining will add a note of cheer to this year’s Canada Day festivities in Elliot Lake, Ont.The Men of the Deeps choir has been booked to perf…
The Northern Miner — North American Mining Index (June 12, 2000)
80.00 (+0.04)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (June 12, 2000)
55.24 (+5.96)(Sept. 30/98 = 100)…
MOST ACTIVE ISSUES, May 31-June 6
ExchgVol(000s)HighLowCloseChangePlacer DomeT 12416 14.10 12.30 13.80 + 1.10…
Northern Miner Indices (June 12, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.0ComincoCLT-T3.9FalconbridgeFL-T8.2Franco-Nevada MiningFN-T5.2Freeport McMoR…
Glamis adopts long-term plan at Marigold
Year after year, the Marigold mine in northern Nevada more than replaces its gold reserves, yet the operation never has more than a few years of production planned out. Owners Glamis Gold (GLG-N) and …
Exchange Rates (June 12, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 6June 5June 2June 1May 31…