News


Noranda closes Brunswick

Noranda’s Brunswick mine, in the Bathurst area of New Brunswick, has been shut down following the collapse of part of the conveyor system that hauls ore from underground to the surface.Originally, the…


MEETINGS (April 10, 2000)

April 10 Lysander — annual, generalApril 10 New Millennium — annual, generalApril 11 LEH Ventures — annualApril 11 Latitude — annual, generalApril 11…


Cardero picks up Cori Huarmi project

Junior Cardero Resource (CDU-V), formerly Sun Devil Gold, recently signed an option agreement with Peruvian-based Minera Andina de Exploraciones (Minandex) for a 60% interest in the Cori Huarmi gold p…


Pacific Rim advances Luicho

Ongoing surface sampling at the Luicho gold project in southern Peru is revealing an extensive and consistent multi-gram mineralized system with potential for hosting a large-tonnage, bulk-minable dep…


Tough times between the Gulf and the Pacific

Depressed gold prices are leaving producers little room for error these days, nowhere more so than in Mexico and Central America.Greenstone Resources, dead at the age of 17 years from financial asphyx…



Correction (April 10, 2000)

Imperial Metals (IPM-T), owner of the Similco mine, and Leader Mining (LMN-V) have signed an agreement-in-principle for the sale of that operation to Leader. Under current ownership, Similco is not sc…


Coeur expands resources

Coeur d’Alene Mines (CDE-N) has increased resources at both of its mines in Chile.At the Petorca mine, an underground gold-silver producer near Santiago, the company added 76,000 gold-equivalent ounce…


Antamina overshadows progress at Spence

While engineering, procurement and construction continue at the Antamina copper-zinc project in Peru, Rio Algom (ROM-T) is forging ahead with a full feasibility study for its wholly owned Spence coppe…


Metal Prices (April 03, 2000)

BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMar. 28Mar. 27Mar. 24Mar. 23…


Ontex enhances Cherbourg

Drilling by Ontex Resources (ONT-T) at the Cherbourg property, west of Geraldton, Ont., indicates gold mineralization at depth below some previously known gold zones.Ontex, currently earning a 60% int…


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