News

Cambior drills Santo Nino

Preliminary drilling at the Santo Nino gold-silver project in Mexico’s Chihuahua state has returned encouraging results for Cambior (CBJ-T).Five core holes were sunk 200-400 metres apart along a 1.4-k…


LME WHSE LEVELS (January 17, 2000)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 11/00 (change from Jan. 4 in brackets):Aluminium768,350(-6,150)…


INDEX (January 17, 2000)

Agnico-Eagle Mines1Altius Min.1Altoro Gold19Anglogold11Artgallery-live14Ashanti Goldfields3, 11Aurizon Mins6Barrick Gold11…


Laronde

The Spanish government has granted Orvana Minerals (ORV-T) title to the Escalada exploration concession.Situated in the country’s southwestern region, the 80-sq.-km concession is near the Rio Tinto, C…


Partners join diamond play

Hoping to repeat the success of their neighbour, Band-Ore Resources (BAN-T) and Southern Africa Minerals (SAF-T) have each acquired a half-interest in a 89.5-sq.-km land package on the eastern side of…


Ashanti fights shareholder revolt

Unhappy at the direction Ashanti Goldfields (ASL-N) is taking to solve its financial woes, four groups of disgruntled shareholders have filed proceedings with the High Court in Ghana for a special sha…


Chief plans startup at Trixie mine

Funds from a US$7-million private placement will enable Chief Consolidated Mining (CFCM-Q) to begin underground drilling and development at the Trixie gold mine in central Utah.The New York-based juni…


New vaccine depends on gold

Every year, severe diarrhea caused by rotaviruses kill an estimated 870,000 children worldwide, but vaccines delivered by tiny gold particles could help combat this intestinal disease and save lives.T…


Arizona birthplace of SX-EW process

I thought your summary of mining advancements over the centuries, in the Jan. 3 issue, was excellent. However, I would like to point out an error.You state that solvent extraction-electrowinning of co…


Canadian Venture Exchange grabs bull by horns

The Canadian Venture Exchange soared 134.98 points, or 5.4%, to close the week ended Jan. 11 at 2,479.98.Birch Mountain Resources was the leader, posting a gain of 30 and closing at $2.95. The Calgar…


Cancor exercises Gemini option, raises funds

Montreal-based Cancor Mines (KCR-T) has acquired from Inco (N-T) a half-interest in the Gemini polymetallic property in northwestern Quebec.Cancor fulfilled the major terms of a 1997 option agreement …


St Andrew replenishes coffers

Faced with a dwindling cash position, St Andrew Goldfields (SAS-T) has raised $3.3 million for its projects in the Timmins camp of northern Ontario.In early December 1999, St Andrew received a 14-mont…


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