Reid letter gets kudos
Congratulations are due to Robert (Ned) Reid for his response letter (T.N.M., July 31-Aug. 6/00). Congratulations are also due to The Northern Miner for printing it.I have known Mr. Reid personally fo…
News
Mauritania finances mapping program
Mauritania has secured a US$16.5-million loan from the World Bank for its Projet de renforcement institutionnel du secteur minire (PRISM), which is aimed at attracting investors by mapping the countr…
Spot Prices Wed. August 9, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$272.30-$4.85Silver$ 4.87-$0.09…
Exchange Rates (August 14, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 8Aug. 7Aug. 4Aug. 3Aug. 2…
Goldcorp celebrates first pour at Red Lake mine
Toronto-based Goldcorp stepped into the spotlight during the August 2-8 report period as the company celebrated the pouring of its first gold bar from the High Grade zone at its Red Lake mine in north…
Metal Prices (August 14, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAug. 8Aug. 7Aug. 4Aug. 3…
Producer and Dealer Prices (August 14, 2000)
Antimony: Mid-mkt US$1,615/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.90-14.20/lb.Copper: Comex Sept. US$0.8615/lb.Indium: …
Canadian Stock Exchange Indices (August 14, 2000)
DateAug. 8Aug. 7Aug. 4Aug. 3Aug. 2HighLowTSE 30010858.72Holiday10567.53…
EVENTS (August 14, 2000)
Aug. 17-21 Environmental Geotechnology and Global Sustainable Development — 5th Int’l Symposium. Belo Horizonte, Brazil. Tel: +55 31 238-1742. Fax: +55 31 238-1793.Aug. 21-23, — Strategic Mine Plann…
Kinross cuts more gold at Goose Lake in Nunavut Geita
Drilling by Kinross Gold (K-T) at Wheaton River Minerals’ (WRM-T) George Lake project in Nunavut continues to extend the project’s Goose Lake deposit.The highlight of the most recent batch of assays i…
Goldcorp restarts Red Lake mine
After a 4-year production hiatus, the Red Lake mine in northwestern Ontario is once again producing gold.In early August, Goldcorp (G-T) poured 1,090 oz. from the High Grade zone. Another 63,000 oz. a…
Royal’s Greek project hits snag
The Greek government has pulled the plug on exploration at the Midas gold project on Milos island. The country’s environment ministry rejected the environmental impact study for the project, on the gr…