METAL PRICES (June 05, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 30May 29May 26May 25…
Articles by Northern Miner Staff
Metals markets still unsettled
Base metals prices trended gradually downward in the May 22-26 report period as the market continued to ignore the steady outflow of inventory from London Metal Exchange (LME) warehouses.Total LME sto…
Change for NSR, Tintina
Control of NSR Resources (NSR-T) and Tintina Mines (TTS-T) has passed to Juan Rassmuss, a mining entrepreneur, from Cecil Franklin, retiring chairman.Rassmuss intends to rejevenuate the companies by c…
Drills turn at Duck Pond (June 05, 2000)
Joint-venture partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T) have resumed drilling at their Duck Pond base metal project in central Newfoundland. The new phase of drilling will con…
South-Malartic finds flat gold veins at Croinor property
In an ongoing drilling campaign, junior South-Malartic Exploration (MSU-M) has discovered a set of gold-bearing veins that are perpendicular to the main ore zone at the Croinor gold property, 55 km ea…
Minefinders pulls hot values
Minefinders (MFL-T) continues to report hot drill intercepts from its wholly owned Dolores gold-silver project in Mexico’s Chihuahua state.In the Main zone, hole 140 intersected 236.2 metres averaging…
Gary Howell
Gary Howell, executive director for the Society for Mining, Metallurgy & Exploration (SME) since February 1994, has died. He was 54.Howell was a geologist with more than 27 years experience in mining….
NAP
Rio Algom (ROM-T) has launched a 2,000-metre drill program on the South Findlay base metal property, near Kimberley in southeastern British Columbia.Considered prospective for sedimentary exhalative d…
Gold Funds (June 05, 2000)
Gold Funds as of May 25, 2000Dynamic MutualCentral FundNet Value$12.47$5.54Price$7.40…
Kinross expands Wheaton River’s Goose Lake
An ongoing 40-hole, 11,000-metre drilling program by Kinross Gold (K-T) at the George Lake project in Nunavut is significantly extending the project’s Goose Lake deposit. The property is held by Wheat…
EXCHANGE RATES (June 05, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 30May 29May 26May 25May 24…
Canadian Zinc galvanizes board
A newly elected board has taken over the helm of Canadian Zinc (CZN-T) in hopes of steering the Prairie Creek zinc project in the Northwest Territories closer to production.Mining engineer Malcolm Swa…