Blast from the past
Back around 1955, I met up with three Irish prospectors from Noranda in northwestern Quebec. Joe, the vice-president (“in charge of vice,” he’d often say), ran an exploration outfit with the assistanc…
News
No Headline (May 15, 2000)
SectionVertical DepthHoleInterceptGold(m)(m)(grams/tonne)…
Low prices hit Echo Bay
Despite an increase in gold and silver production and a decrease in operating costs, Echo Bay Mines (ECO-X) was unable to triumph over low gold prices in the first quarter.Compared with the correspond…
Wayside results set downbeat tone for CDNX
The report period ended May 9 marked a 148.34-point decline as the Canadian Venture Exchange index fell through the 3,500 level to close down 4.1% at 3,449.78. The mining index shed 100.85 points, or …
Copper, nickel show life signs while gold remains in doldrums
The report period April 24-28 was an encouraging one for the main stars of the London Metal Exchange (LME).Despite more wobbles in both equity and bond markets, copper and nickel climbed away from rec…
NAME CHANGES (May 08, 2000)
Sand River Resources (SRL-V) has changed its name to Rio Fortuna Exploration (RFT-V) on a 1-new-for-7-old-share basis.
MEETINGS (May 08, 2000)
May 10 Bonanza — annual, specialMay 10 Boreale — specialMay 10 Corsair — annual, general, specialMay 10 Devlan — annual, generalMay 10 Velvet…
No Headline (May 08, 2000)
Gold Funds (May 08, 2000)
Dynamic MutualCentral FundNet Value$12.77$5.49Price$8.00$5.10Discount37.35%7…
Prefeasibility paints robust picture of Snap Lake project
A $40-million program of advanced exploration now under way at the NW Snap Lake project in the Northwest Territories will provide operator Winspear Resources (WSP-T) with all the information required …
Gitennes eyes Nunavut, Peru
Armed with airborne geophysical data, the world’s second-largest copper producer, Phelps Dodge (PD-N), is set to launch an 8-to-10-hole drill program on the Nowyak gold-silver-zinc property in Canada’…
Carrington to speak at BC Mining Week
John Carrington, vice-chairman of Barrick Gold, will be the keynote speaker at Mining Week 2000, to be held May 7-14, in Vancouver, B.C.His presentation, titled Mining for the future: much to gain, mu…