GOLD FUNDS (May 15, 2000)
Dynamic MutualCentral FundNet Value$13.17$5.60Price$8.50$5.15Discount…
News
TSE Shorts (May 15, 2000)
Short positions outstanding at April 30, 2000Larger individual positions include:Abitibi-Consolidated Inc. 3,095,372 up 1,809,643; Alcan Aluminum Ltd. 698,147 up 298,204; Anderson Exploration Ltd.
Cambiex gets nod for gold project in Nunavut
With intersections of up to 65 grams gold per tonne over more than 13 metres, it’s easy to understand why mining analysts are taking a shine to the Hope Bay project in northern Nunavut, as well as to …
TSE Indices (May 15, 2000)
— 2000 –DateMay 9May 8…
Tiomin forges ahead at Kwale
Armed with a positive feasibility study, Tiomin Resources (TIO-T) is seeking financing for its Kwale heavy mineral sands project, on the coast of Kenya.According to South African-based LTA Process Eng…
EVENTS (May 15, 2000)
May 14-15 Transparency Int’l Canada & Banff Centre for Management — Conference: “Corruption Challenges in The National Market Place.” Banff Centre for Management, Banff, Alta. Tel: (416) 736-5195. Fa…
No Headline (May 15, 2000)
SectionVertical DepthHoleInterceptGold(m)(m)(grams/tonne)…
Joe Mann mine pours gold again
Campbell Resources (CH-T) expects to have milling rates back to capacity at its Joe Mann gold mine this month, following a long development period.The mine, just south of Chibougamau, Que., was shut d…
Rio Narcea still in red
Low gold prices have taken their toll on Rio Narcea Gold Mines (RNG-T), which posted a loss of US$2.1 million last year on revenue of US$31.7 million from its mining operations in northern Spain.In th…
Franco-Nevada helps prop up sagging TSE
Hit by profit-taking, the Toronto Stock Exchange 300 index retreated 2.3%, or 215.89 points, during the May 3-9 report period. The broad market ended the week at 9,294.39.Gold climbed 20 over the per…
Low prices hit Echo Bay
Despite an increase in gold and silver production and a decrease in operating costs, Echo Bay Mines (ECO-X) was unable to triumph over low gold prices in the first quarter.Compared with the correspond…
Expatriate acts alone at Kudz Ze Kayah
With a potential partner now out of the picture, Expatriate Resources (EXR-V) intends to act unilaterally when it acquires mineral assets held by Cominco (CLT-T) in the Finlayson Lake district of sout…