Twin Gold Funds program
Armed with $8 million from a recent financing, Twin Gold Mining (TWG-T) is gearing up for a major exploration program at its Torngat diamond project, on the east side of Ungava Bay in northern Quebec….
News
Kvaerner wins Peruvian contract
Kvaerner Engineering & Construction has been awarded the contract for the Tintaya copper oxide project in southeastern Peru’s Altiplano district.The project, held by Broken Hill Proprietary, is Peru’s…
Boliden considers extensive exploration
Mineral exploration in Sweden could be enjoying a modest renaissance in the next few years as Boliden (BOL-T) turns its exploration staff loose in the countryside.This year’s exploration season will s…
NAME CHANGES (June 05, 2000)
Daren Resources (DRR-V) has changed its name to Daren Industries (DIL-V) on a 1-new-for-3-old-share basis.
NAP expands Roby zone again
Drilling by North American Palladium (PDL-T) at the Lac des les palladium mine, in northwestern Ontario, continues to turn up new mineralization outside a proposed pit enlargement.North American Pall…
Northern Miner Indices (June 05, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick Gold…
The right to know
The mining industry, while perhaps not the most important sector of the economy, generates more than US$500 billion in total economic benefits each year and helps to sustain nearly 5 million jobs in t…
Nickel slips as Inco averts workers’ strike
Unable to catch a break these days, gold ended the May 24-30 report period at its lowest level in eight months. However, the yellow metal regained some strength overnight, being fixed at US$272.25 per…
SouthernEra de-waters Messina
Having obtained a mining permit, SouthernEra Resources (SUF-T) is de-watering the Messina platinum group elements (PGM) mine in northern South Africa.Messina Platinum, a South African-listed company i…
NAP
Rio Algom (ROM-T) has launched a 2,000-metre drill program on the South Findlay base metal property, near Kimberley in southeastern British Columbia.Considered prospective for sedimentary exhalative d…
Gold Funds (June 05, 2000)
Gold Funds as of May 25, 2000Dynamic MutualCentral FundNet Value$12.47$5.54Price$7.40…
Goldcorp profits down in quarter
Though less profitable than a year ago, Goldcorp (G-T) ended the first quarter in the black.Net earnings for the three months ended March 31 topped US$12,000 on revenue of US$10.4 million, compared wi…