EVENTS (February 14, 2000)
Feb. 29 CPM Group — “Silver Mining Investment Conference.” New York Mercantile Exchange, N.Y. Tel: (212) 785-8320. Fax: (212) 785-8325. Web site: http://www.cpmgroup.comMarch 2-3 S…
News
Madison seeks funding for Mt. Kare
Madison Enterprises (MNP-V) has arranged for a $5.2-million private placement to finance drilling on the Mt. Kare gold-silver property in Papua New Guinea.The financing consists of 8 million units pri…
Anglogold eyes property in Red Lake gold camp
A letter-of-intent agreement paves the way for Anglogold (AU-N) to earn from Rubicon Minerals (RMX-V) a majority interest in more than 20,000 ha in the Red Lake mining camp of northern Ontario.To earn…
REGULAR DEPARTMENTS (February 14, 2000)
Careers12-13Classified19Commentary4Editorial4Investment Commentary6Letters to the Editor5Metal Prices10Metals Commentary10Obituary5Odds ‘N’ Sods4People5Professional Directory15-17Stock Tab…
CDNX index soars past 3,000 mark
The Canadian Venture Exchange broke the 3,000 mark and continued its upward momentum over the week ended Feb. 8, rocketing 248.97 points, or 8.5%, to close at 3,166.88.Ateba Mines jumped 7 to close a…
Ruling could close Newmont gold mine
A district court in Indonesia has issued a judgment that could result in the temporary closure of the Minahasa gold mine, 80%-owned by Newmont Mining (NEM-N).The company says the ruling is highly irre…
Gold weakens in turbulent market
After a steep drop and a strong rise, the Dow Jones industrial average finished the report period ended Feb. 1 almost unchanged, up only 11.16 points, or 0.1%, in anticipation of an interest rate hike…
Gov’t needs guidance from miners
The Canadian mining and exploration industry has taken a beating these past four years, as development and exploration programs are sparse for juniors, the lifeline of mineral development. Some form o…
CDNX posts record trading volumes, sets new high
The Canadian Venture Exchange finished the week ended Feb. 1 by gaining 132.09 points, or 4.74%, to close at an all-time high of 2,917.91. The small-cap exchange is up 24% on record trading volumes so…
EVENTS (February 07, 2000)
Feb. 8-10 Int’l Investment Conferences — “Investing in Africa Mining Conference — Indaba 2000.” Cape Sun Intercontinental Hotel, Cape Town, South Africa. Tel: (305) 669 1963. Fax: (305) 669 7350.Feb…
Regulators probe Bull River
Geologists from the British Columbia Geological Survey have cast doubt on the veracity of impressive gold grades reported by the two private companies developing the Bull River underground mine near C…
Vaaldiam eyes SouthernEra properties
Vaaldiam Resources (VRL-V) has optioned three South African diamond projects from SouthernEra Resources (SUF-T).The Toronto-based junior can earn 70% interests in the Makoppa, Mooikloof and Prieska pr…