Metal Prices (June 26, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 20June 19June 18June 15…
Articles by Northern Miner Staff
White Knight drills prospect
White Knight Resources (WKR-V) will conduct a 15,000-ft., 10-hole drilling program at the Squaw Creek gold project, in the northern part of Nevada’s Carlin trend.The US$300,000-campaign will be funded…
Northern Miner Indices (June 26, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.0…
TSE INDICES (June 26, 2000)
52-wkDateJune 20June 19June 16June 15June 14HighLowTSE 30010239.8810…
Goldcorp execs nab more options
Insider trading transactions recently reported by the Ontario Securities Commission in its OSC Bulletin include the following:Band-Ore Resources (BAN-T) — Wayne O’Connor, director, exercised 50,000 o…
Cominco to open mine
A combination of strong zinc prices and the impending depletion of its Sullivan deposit in southeastern B.C. has Cominco (CLT-T) seeking regulatory approval to reopen the Pend Oreille base metal mine …
Franco seeks return of funds from Canyon
Franco-Nevada Mining (FN-T) has filed suit against Colorado-based Canyon Resources (CAU-X) in order to recover US$3.5 million paid to Canyon as part of a 1999 financial support agreement.Canyon was pr…
Cancor advances Gemini project
Junior Cancor Mines (KCR-T) has released an initial resource estimate for zone B at its Gemini zinc-copper property, north of La Sarre in northwestern Quebec.To date, three massive-sulphide lenses hav…
Grupo Mexico sells aggregates unit
Grupo Mexico has agreed to sell its aggregates division, American Limestone, to CSR America, a division of the CSR Group, for US$211 million.American Limestone is the second division of Asarco to be s…
De Beers calls for action
De Beers Consolidated Mines has sent a letter to diamond associations and exchanges, urging them to prohibit the use of “conflict diamonds” in Africa.The term refers to diamonds that are stolen from l…
Korean conflict benefits base metals
JULY 1950Commodities closely associated with the Far East have been soaring in price. Tin has risen 15 since the Korean affair started.Meanwhile, the Chinese have cut off shipments of tungsten to the…
Houston tests Pakeagama Lake
Check assaying of channel and grab samples from the Pakeagama Lake property in northwestern Ontario is confirming the potential of a rare-metal-bearing pegmatite for Houston Lake Mining (HLM-V).The hi…