Russian firm blocks Dukat
Another volley has been fired in the battle for the Dukat silver mine in the Magadan region of northeastern Russia: Russian-based Kaskol Group has cancelled a property lease agreement signed by the op…
News
Berland, Fort Knox target base metals
Juniors Berland Resources (BNL-V) and Fort Knox Gold Resources (FNX-T) will jointly explore for base metals in northern Manitoba and Saskatchewan.The partners can earn 100% interests in the Watts Rive…
Miners show mixed results despite price rally
In a decidedly mixed week for resource stocks, the Toronto Stock Exchange gold and precious metals sub-group climbed 234.09 points during the Feb. 2-8 report period, while the metals and minerals sub-…
EVENTS (February 14, 2000)
Feb. 29 CPM Group — “Silver Mining Investment Conference.” New York Mercantile Exchange, N.Y. Tel: (212) 785-8320. Fax: (212) 785-8325. Web site: http://www.cpmgroup.comMarch 2-3 S…
CDNX index soars past 3,000 mark
The Canadian Venture Exchange broke the 3,000 mark and continued its upward momentum over the week ended Feb. 8, rocketing 248.97 points, or 8.5%, to close at 3,166.88.Ateba Mines jumped 7 to close a…
Ruling could close Newmont gold mine
A district court in Indonesia has issued a judgment that could result in the temporary closure of the Minahasa gold mine, 80%-owned by Newmont Mining (NEM-N).The company says the ruling is highly irre…
TSE Shorts (February 14, 2000)
Short positions outstanding at January 31, 2000Larger individual positions include:Abitibi-Consolidated 1,764,513 up 470,841; Alcan Aluminum 1,106,613 down 310,945; Anderson Exploration 194,…
Tenke targets showings
Junior Tenke Mining (TNK-T) will drill four large targets on its Vicuna gold exploration project, in central Argentina.All four targets are known to feature strongly anomalous gold-in-soil concentrati…
Charles Krause
Charles “Chuck” Krause, former vice-president of exploration for Campbell Resources, has died. He was 77.Krause was born in Williamsford, Ont. After a stint as a flight instructor and pilot with 418 S…
METAL PRICES (February 14, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 8Feb. 7Feb. 4Feb. 3…
Queenstake eyes Magistral as low-cost producer
As smaller gold producers continue to struggle with gold prices below US$300 per oz., Denver-based Queenstake Resources (QRL-T) remains confident it can make the jump to production from exploration by…
‘Prairie gold’ controversy flares up again
American wildcatter Homer Bradley has long departed this world, but his legacy lives on in the ongoing search for “prairie gold” deposits in the Fort MacKay region of Alberta.In the past decade, sever…