Canadian Stock Exchange Indices (August 28, 2000)
— 52-week –DateAug. 22Aug. 21Aug. 18Aug. 17Aug. 16High…
Articles by Northern Miner Staff
Nickel’s climb continues
Another quiet week for base metals saw zinc and nickel move to centre stage as aluminum and copper prices continued to trade within their recent ranges.During the report period Aug. 14-18, zinc gained…
Semafo extends mineralization at Nyafe (August 28, 2000)
Results from reverse-circulation drilling by Montreal-based Semafo (SMF-T) at the Mana and Fobiri concessions in Burkina Faso show that a vein system previously defined on surface continues to depth.T…
Silver in high demand
In 1999, for the first time in five years, silver production did not increase but rather declined, according to World Silver Survey 2000, published by the Washington, D.C.-based Silver Institute.The d…
Ivanhoe adds sparkle to Great Basin Investment Commentary
The old adage that the best place to look for gold is near a gold mine is proving true for Great Basin Gold (gbg-v), which has reported some high-grade intercepts from its wholly owned Ivanhoe project…
EVENTS (August 28, 2000)
Aug. 30-Sept.1 Geoanalysis 2000 — 4th Int’l Conference on the Analysis of Geological and Environmental Materials. Contact: Jean Carignan. Tel: +33 3 83 59-42-17. Fax: +33 3 83 51-17-98.Aug. 31-Sept. …
Cominco hands Bongara zinc project to Australia’s Pasminco
For an undisclosed amount, Cominco (CLT-T) has transferred its right to earn 65% of the Bongara zinc project in northern Peru to Australia’s Pasminco.The latter, through its Peruvian subsidiary, will …
Hope Bay program expanding
Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) have authorized $4 million in exploration spending for their jointly owned properties in the Hope Bay greenstone belt in Nunavut.The companies will con…
Geomaque shows recovery in 2000 Metals Commentary
Geomaque Explorations (GEO-T) stayed profitable in the three months ended June 30, making US$561,000 (US1 per share) on revenue of US$6.3 million. The company also saw production increase and costs d…
South-Malartic finds more gold at Croinor
Definition drilling by South-Malartic Exploration (MSU-M) continues to intersect gold at the Croinor project, 75 km east of Val-d’Or, Que.Earlier this year, the junior proved the existence of flat-lyi…
Sherritt doubles profits, repurchases debentures
Diversified conglomerate Sherritt International (S-T) saw earnings more than double during the second quarter, thanks to a strong operating performance and higher prices for nickel and oil.Sherritt po…
Sigma performance drags down McWatters
Disappointing operating results from the Sigma-Lamaque complex in Val d’Or, Que., have pulled gold miner McWatters Mining (MCW-T) back into the red.For the second quarter ended June 30, McWatters post…