A friend in Babbit?
The article “Canyon Resources files ‘takings’ suit against Montana” (T.N.M., April 17-23/00) states that Canyon Resources estimates the value of the McDonald deposit could reach US$500 million.This si…
News
New web site will sell gold products
An international consortium wants to make the Internet a one-stop gold shop. South Africa’s AngloGold, U.S. financier J.P. Morgan and Swiss refiner Produits Artistiques de Metaux Precieux have joined …
GREATEST VALUE TRADED, April 19-25
Value($000s)HighLowCloseChangeAlcoa*N…
Diamonds, uranium outpace base metals
Canadian production of silver, primary nickel, lead, diamonds and uranium rose between February 1999 and February 2000. Losing ground over the same period were copper, gold and zinc.The statistics sho…
Crew advances globally diverse assets
In a further bid to diversify its mining assets, Crew Development (CRU-T) has acquired a 100% interest in the Pamplona sulphur deposit in the Philippines. The deposit covers 39 sq. km on the island of…
Spot Prices Wed. April 26, 2000Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$277.70-$3.70Silver$ 4.97-$0.13…
SPC posts higher earnings
Higher copper prices translated into higher profits for Southern Peru Copper (PCU-N) from its Peruvian operations in the first quarter of 2000.The average price of copper on the London Metals Exchange…
Tan Range adopts plan
Tanzanian-focused Tan Range Exploration (TNX-V), which holds a 90% interest in the Itetemia gold property, adjacent to the Bulyanhulu deposit, has adopted a shareholder rights plan to prevent the poss…
Copper Cliff never traded
I am looking for any information concerning a company called Copper Cliff Mines. I believe the company is a Canadian company. In particular, I am looking for any information concerning a mine outside …
Exchange Rates (May 01, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApr. 25Apr. 24Apr. 21Apr. 20Apr. 19…
Canadian Zinc seeks financing
To fund further exploration on its wholly owned Prairie Creek base metal property in the Northwest Territories, junior Canadian Zinc (CZM-T) has entered into a $720,000 private placement.The financing…
Lyon Lake sells off mining assets
Montreal-based junior Lyon Lake Mines (LLL-V) has decided to liquidate its mining assets in order to improve its balance sheet.The assets include: the Cerro Crucitas gold project in northern Costa Ric…