Baie-Comeau site of conference
Prospectors, geologists and other interested parties will meet from June 2 to 4 in Baie-Comeau, Que., to discuss exploration on the province’s North Shore.It will be the third such summit, which is he…
News
International Wayside cuts lower grades at Cariboo
Junior International Wayside Gold Mines (IWA-V) is disappointed by drill results from its Cariboo gold property in north-central British Columbia.Drill holes 9 and 14 cut broad intervals of lower-grad…
Gold Fields improves earnings
South African-based Gold Fields (GOLD-Q) increased its earnings in the first quarter despite a 3% drop in the price of gold over the past three months.The company turned a profit of US$36.9 million (o…
Four missing at Grasberg mine
An accident at the Grasberg open-pit copper-gold mine in Irian Jaya, Indonesia, has left four people missing.Louisiana-based Freeport-McMoRan Copper & Gold, through its operating unit, P.T. Freeport I…
Tulawaka tests spawn optimism
Partners Pangea Goldfields (PGD-T) and Explorations Minires du Nord (MDN-T) have received encouraging metallurgical results from their Tulawaka gold project in Tanzania.Composite samples for the talu…
MOST ACTIVE ISSUES, May 3-9
At press time, the figures for the Most Active Issuesfor the week of May 3rd to 9th were not available.We apologize for the inconvenience.
Ken Snyder mine boosts Franco-Nevada to record year
The Ken Snyder gold mine in Nevada’s Midas district gave a major boost to the bottom line of Franco-Nevada Mining (FN-T) in its fiscal year ended March 31, 2000.The Toronto-based company posted net ea…
MEETINGS (May 15, 2000)
May 15 Augusta — annual, generalMay 15 Ecstall Mining — annual, generalMay 15 Greystar — annual, generalMay 15 Huldra Silver — annualMay 15 Landore…
Miners advance without gold
The Dow Jones industrial average gave up the ground it recently gained, losing 393.70 points, or 3.5%, to close the reporting period April 26-May 2 at 10,731.12.Gold issues sparkled despite a drop in …
MOST ACTIVE ISSUES, April 26-May 2
Volume(000s)HighLowCloseChangePlacer Dome…
Metal Prices (May 08, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)Aluminium1453.50/1479.50Holiday1455/1485…
Deep inside the Pioneer
I once accepted an invitation to tour the Pioneer underground mine in British Columbia; it was my first experience with a shaft operation.Mac Hunt and I left the mine dry and crossed the access road t…