Geita fortifies Ashanti’s quarter
Contributions from the recently opened Geita mine in Tanzania helped Ashanti Goldfields (ASL-N) post a profit in the second quarter.Gold production at the 50%-owned mine began in June and amounted to …
News
Metal Prices (August 28, 2000)
DateAug. 22Aug. 21Aug. 18Aug. 17Aug. 16BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
MOST ACTIVE ISSUES, August 16-22
Volume(000s)HighLowCloseChangeWilliam Res…
Gold loses lustre in slow market
The Dow Jones industrial average rose 72.15 points, or 0.65%, during the report period ended Aug. 22. It closed at 11,139.15, spurred on by news the U.S. Federal Reserve would not increase interest ra…
MEETINGS (August 21, 2000)
Aug. 22 Redwood — annual, specialAug. 23 Levon — annual, general; 10:00 a.m., Ste. 400, 455 Granville St., VancouverAug. 23 Tres-Or — annual; 10:00 a.m., Ste. 680, 505 Burrard St., Van…
Not in this issue
Gold Funds (August 21, 2000)
Gold Funds as of August 10, 2000Dynamic MutualCentral FundNet Value$12.71$5.40Price$7…
Zinc, nickel winners during rocky week
The report period Aug. 7-11 was one of contrasting fortunes for the base metals complex. Tighter nearby spreads and worryingly low stock levels contributed to stronger prices in the second half of the…
News – 21-AUG-00
De Beers’ ticket
De Beers Consolidated Mines seems to have succeeded in its bid for Winspear Resources, having jumped its own offer for the company and secured the approval of Winspear’s board of directors. So the Nor…
Development begins at Earnscleugh
L&M Mining of Aukland, New Zealand, has accelerated development of its Earnscleugh gold project, on the west bank of the Clutha River, between Clyde and Alexandra.Perilya Mines of Western Australia ha…
Mining reps to gather in New Zealand
The 2000 New Zealand Minerals and Mining Conference, being held Oct. 29-31 in Wellington, promises few tricks and many treats, including guest speakers and technical research papers.Delegates will be …