Minefinders bullish on Dolores’ potential
Vancouver — An open-pit design of Minefinders’ (MFL-T) wholly owned Dolores property, in northern Mexico, shows that the Main deposit has robust economics.Based on prices of US$300 per oz. gold and U…
Articles by Northern Miner Staff
MOST ACTIVE ISSUES, NOV. 29-DEC. 5
ExchgVol(000s)HighLowCloseChangeWilliam ResT 23722 0.07 0.04 0.04 -0.03…
Canadian Stock Exchange indices
DateDec. 5Dec. 4Dec. 1Nov. 30Nov. 29HighLowTSE 3009279.048944.70…
Market rally lifts base metal majors
Triggered by hints of lower interest rates and an end to the election quagmire in the U.S., stocks on the Toronto market enjoyed a broad rally, with the TSE 300 index up a whopping 4% over the Nov. 29…
Gold needs more marketing
Most gold miners have succeeded in cutting production costs as a result of lower gold prices but appear to have ignored the real problem: increasing the demand for gold.We now hear and see commercials…
Australia’s Ranger invests in General Minerals
Denver — The Australia-based company Ranger Minerals has purchased 4.5 million shares of General Minerals (GNM-T) in a non-brokereed private placement. The transaction is designed to finance explorat…
The Northern Miner — North American Mining Index (December 11, 2000)
74.09 (+4.48)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 11, 2000)
44.55 (+0.65)(Sept. 30/98 = 100)…
History repeats itself in Nevada
In many respects, 1999 was a replay of 1998 for Nevada’s mineral industry. The most significant difference was that gold production fell to 8.3 million from 8.9 million oz. — the first production dec…
High River settles dispute
High River Gold Mines (HRG-T) has withdrawn its objection to the sale of Incanore Gold Mines, a private Canadian company, to Queenstake Resources (QRL-T).Incanore is active in Burkina Faso, West Afric…
EVENTS (December 11, 2000)
Jan. 1-31, 2001 33rd Annual Canadian Mineral Processors Conference — Ottawa. Contact R.J. MacDonald. Tel: (613) 996-2283. Fax: (613) 996-9041.Jan. 18 Canadian Mining Hall of Fame — Royal York Hotel,…
Eldorado finances Turkish projects
Vancouver-based Eldorado Gold (ELD-T) will use at least half the proceeds from a recent $10-million brokered private placement to advance its projects in Turkey.A syndicate led by Loewen, Ondaatje, Mc…