SouthernEra fast-tracks Messina
To take advantage of robust metal prices, SouthernEra Resources (SUF-T) is accelerating development at its Messina platinum group metals project in South Africa.Starting in August, Messina will begin …
News
Canadian gold output rises
In December 2000, Canada’s production of gold, silver, primary copper, primary lead, asbestos and salt increased over levels reported for the last month of 1999.The increase is reported in Production …
Boliden sells Chilean assets to Noranda and Falconbridge
A letter of intent paves the way for partners Noranda (N-T) and Falconbridge (FL-T) to acquire the Lomas Bayas mine and Fortuna de Cobre copper deposit, both of which are near Antofagasta, Chile.The p…
Sculpting a niche in northern Ontario
Colette Jacques, a sculpter and painter based in Larder Lake, Ont., is helping others see the beauty in mining.The 50-year-old artist uses wood, cement and clay to create numerous sculptures, among wh…
Richmont shifts focus to Newfoundland
With activity at its Quebec mines winding down, junior miner Richmont Mines (RIC-T) is drawing financial strength from its low-cost operations in northwestern Newfoundland.The company’s wholly owned, …
Phelps Dodge aims for smoother sailing at El Abra
Denver — After a rough year at the helm of the El Abra copper mine in northern Chile, Phelps Dodge (PD-N) is beginning to turn the operation around.The open-pit mine failed to meet the expectations p…
AngloGold expands from South African base
When AngloGold (AU-N) was established in early 1998, it sought to transform itself from a company with aging South African mines and few growth opportunities into to a company with a broad portfolio o…
Golden Goliath outlines drill targets in Mexico
Armed with $4.5 million from an over-subscribed public offering last fall, Golden Goliath Resources (GNG-V) is busy outlining drill targets at three of its five properties in Mexico’s Urachic gold-sil…
General Minerals in Oz
Denver — Canadian-domiciled and American-based General Minerals (GNM-T) is learning to explore with an Australian accent.The transition isn’t as difficult as it sounds, as one of the company’s new bo…
BHP inks deal with Rio
Vancouver — A subsidiary of Australia’s largest mining house has inked a deal with junior Southern Rio Resources (SNZ-V) to earn up to a 70% stake in the Santo Thomas copper-gold-molybdenum porphyry …
Gold reverses recent gains
Denver — The Dow Jones industrial average weakened slightly to 10,591.22, to finish the Feb. 28-March 6 report period down 45.66 points, or 0.4%, while gold gave up most of the previous week’s gains….
Gold Funds (March 12, 2001)
Gold Funds as of March 1, 2001Dundee Precious MetalsCentral FundNet Value$12.45$5.33Price$7.47$4.900…