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…
Articles by Northern Miner Staff
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…
MEETINGS (June 05, 2000)
June 5 Broadlands — annual, generalJune 5 Weda Bay — annual, specialJune 6 Ascot Energy — annual, generalJune 6 New Doly Varden — annual, specialJune 6…
Dow rises as metals fall
The Dow Jones industrial average rose 104.86 points, or 1%, to close at 10,527.13 for the report period ended May 30 on the strength of a late-week surge by the Nasdaq.Gold miners were mixed as the go…
Spot Prices Wed. May 31, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$272.25-$1.65Silver$ 4.90-$0.08…
LME Warehouse Levels (June 05, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 30/99 (change from May 23 in brackets):MetalStock(tonnes)Change…
Twin Gold Funds program
Armed with $8 million from a recent financing, Twin Gold Mining (TWG-T) is gearing up for a major exploration program at its Torngat diamond project, on the east side of Ungava Bay in northern Quebec….
Northern Miner Indices (June 05, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick Gold…
SouthernEra de-waters Messina
Having obtained a mining permit, SouthernEra Resources (SUF-T) is de-watering the Messina platinum group elements (PGM) mine in northern South Africa.Messina Platinum, a South African-listed company i…
Iamgold launches drill program in Ecuador
A 6,000-metre drill program by Iamgold (IMG-T) could revive a historic mining camp in southern Ecuador that was once worked by the gold-worshipping Incas.The underground and surface drill program is f…
Aurogin, Globex plan program
Rouyn-Noranda-based Globex Mining Enterprises (GMX-T) and its new joint-venture partner, Aurogin Resources (AUQ-V), will explore a large land package in northwestern Quebec.The 40-sq.-km property, in …