Dos Amigos shows bulk-tonnage potential
Geophysical surveys and chip sampling on the Dos Amigos gold property in the northwestern Mexican state of Chihuahua have yielded encouraging results for Duran Gold (DRN-V).An induced-polarization (IP…
News
Drilling program expands Escalones deposit in Chile
Partners General Minerals (GNM-T) and Grupo Mexico have received encouraging results from the first two holes of a 15-hole program at the Escalones copper-gold property, 100 km southeast of Santiago, …
Gold rises in turbulent market
The Dow Jones industrial average climbed 13.96 points, or 0.1%, to 11,511.08 in volatile trading during the report period ended Jan. 11.Mining issues were higher as spot gold on the Comex division of …
SPOT PRICES, Wed. January 12, 2000Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$282.25+$0.15Silver$ 5.15-$0.13…
METAL PRICES (January 17, 2000)
Date; Jan. 11; Jan. 10; Jan. 7; Jan. 6; Jan. 5; BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne); Aluminium; Al Alloy; Copper; Lead; Nickel; Tin; Zinc; PRECIOUS M…
Cambior drills Santo Nino
Preliminary drilling at the Santo Nino gold-silver project in Mexico’s Chihuahua state has returned encouraging results for Cambior (CBJ-T).Five core holes were sunk 200-400 metres apart along a 1.4-k…
LME WHSE LEVELS (January 17, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 11/00 (change from Jan. 4 in brackets):Aluminium768,350(-6,150)…
Laronde
The Spanish government has granted Orvana Minerals (ORV-T) title to the Escalada exploration concession.Situated in the country’s southwestern region, the 80-sq.-km concession is near the Rio Tinto, C…
INDEX (January 17, 2000)
Agnico-Eagle Mines1Altius Min.1Altoro Gold19Anglogold11Artgallery-live14Ashanti Goldfields3, 11Aurizon Mins6Barrick Gold11…
Ashanti fights shareholder revolt
Unhappy at the direction Ashanti Goldfields (ASL-N) is taking to solve its financial woes, four groups of disgruntled shareholders have filed proceedings with the High Court in Ghana for a special sha…
Chief plans startup at Trixie mine
Funds from a US$7-million private placement will enable Chief Consolidated Mining (CFCM-Q) to begin underground drilling and development at the Trixie gold mine in central Utah.The New York-based juni…
Cancor exercises Gemini option, raises funds
Montreal-based Cancor Mines (KCR-T) has acquired from Inco (N-T) a half-interest in the Gemini polymetallic property in northwestern Quebec.Cancor fulfilled the major terms of a 1997 option agreement …