Exall retains Glimmer stake
An out-of-court settlement between Exall Resources (EXL-T) and Glimmer Resources (GME-V) has resolved the ownership battle for the Glimmer gold mine, east of Matheson, Ont.Exall will retain a 52% owne…
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Junior hits mineralization
Four drill holes intersected gold mineralization in a 9-hole drill program conducted by Western Troy Capital Resources (WRY-C) in Menary Twp. in northwestern Ontario.The program tested a series of tar…
Freegold cuts high-grade
Denver — A one-hole diamond drilling program at the Golden Summit project in Alaska’s Fairbanks district has intercepted a new zone of high-grade gold mineralization.International Freegold Mineral De…
Northern Miner Indices (November 27, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….
TSE Short Positions (November 27, 2000)
Short positions outstanding at November 15, 2000Larger individual positions include: Abitibi-Consolidated Inc. 185,965 down 281,628; Alcan Aluminium Ltd. 203,080 down 317,871; Anderson Exploration Ltd…
HudBay, Eureka prove up Lottie Lake VMS property
There’s nothing terribly subtle about the mineral indicator chemistry on Eureka Resources’ (EUK-C) Lottie Lake property, 25 km northwest of Wells in British Columbia’s Cariboo mining district. Two yea…
Geomaque eyes Marathon deposit in Ontario
Geomaque Explorations (GEO-T), best known for its open-pit gold mines in Latin America, is trying its hand at a polymetallic surface deposit in northern Ontario.Polymet Mining (POM-V), which remains f…
Hall of Fame Inductees (November 27, 2000)
William Guy Brissenden(born 1915)A hands-on approach to problem-solving enabled William Guy Brissenden to master repeated challenges during a lengthy career spent mostly with Noranda. His first challe…
Canadian Zinc tackles Prairie Creek
Under the direction of new management, Canadian Zinc (CZN-T) is stepping up its attempts to advance the Prairie Creek project, in the Northwest Territories.The junior company (formerly known as San An…
Zambian Copper belt rebounds
Once a copious producer of copper, Zambia has fallen on hard times of late. In 1999, the country’s output totalled just 260,000 tonnes — a far cry from the historic annual peaks of 700,000 tonnes bet…
News – 20-NOV-00
Gold Funds (November 20, 2000)
Gold Funds as of Nov. 9, 2000Dynamic MutualCentral FundNet Value$11.52$5.44Price$6.40$4.590…