Con and Giant mines exceed expectations
Following a solid performance in the recent first quarter, Miramar Mining (MAE-T) intends to increase gold production, reduce operating costs and extend the operating life of the Con and Giant mines, …
News
MOST ACTIVE ISSUES, June 7-13
ExchgVol(000s)HighLowCloseChangeAlcoa*N 15875 61.38 27.88 28.06 – 33.32…
Law change eases claim backlog
Alaska Governor Tony Knowles has signed a bill that will amend the Alaska State Mining Law to ease the backlog of unprocessed claims.Under Bill 175, which takes effect in late August, claims can be pr…
Kassandra division upheld
The Court of Appeal for Ontario has dismissed opposing appeals brought forth by a group of investors known as the Alpha Group and TVX Gold (TVX-T) in relation to their advanced Kassandra property in G…
Mining resumes at Brewery Creek
Following an exhaustive and careful analysis, Viceroy Resource (VOY-T) has resumed seasonal mining at its Brewery Creek gold mine in the Yukon.The decision to continue mining was based on a review of …
A system at work
Market-watchers disillusioned by the scams of the late 1990s had a little light shine on their faces in the past two months, as the Canadian Venture Exchange used its regulatory power to fix a situati…
PEOPLE (June 19, 2000)
Ashton — Robert Boyd appointed president and CEO.Gold Canyon — Perry English appointed vp land management.
The Northern Miner – North American Mining Index (June 19, 2000)
75.18 (-4.82)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (June 19, 2000)
53.73 (-1.51)(Sept. 30/98 = 100)…
Gold Funds (June 19, 2000)
Gold Funds as of June 8, 2000Dynamic MutualCentral FundNet Value$13.11$5.62Price$7.50…
Franco-Nevada, Gold Fields merger falls on deaf ears
Stronger showings by the utilities and high-tech sectors and a lessening of inflationary fears south of the border combined to push the Toronto Stock Exchange 300 index 226.56 points higher during the…
Ashton closes offering
Ashton Mining of Canada (ACA-T) has raised $5.7 million through a rights offering.Approximately three-quarters of the net proceeds will be used to fund the company’s continuing exploration programs in…