INDEX (February 07, 2000)
Aur Resources6Barrick Gold3BHP Diamonds5Birch Mt. Res.1Boliden6Breakwater Res.6Broken Hill Prop.5, 13, 16Cambior Res.6Camp…
News
Marchmont eyes gold
Calgary, Alta.-based Marchmont Gold (MHM-V) plans to explore four grassroots properties in Eritrea.The junior gained 75% interests in all four as a result of its acquisition of a privately held Africa…
Sadiola Hill gold mine has banner year
Production exceeded forecasts and production costs came in under budget at Mali’s Sadiola Hill gold mine last year, and partners Anglogold (AU-N), Iamgold (IMG-T) and the Malian government are looking…
Azimut Exploration options Kenyan gold properties
Montreal-based Azimut Exploration (AZM-M) is optioning two gold properties in Kenya from LaSource Development, a subsidiary of Australian major Normandy Mining (NDY-T).To acquire a half-interest in th…
Nora sells stake in Otjua Eden Roc seeks share consolidation New Mines Roundup
For just under $1 million, Montreal-based Nora Exploration (NXI-M) has sold its 47% interest in Otjua Minerals back to Elizabeth Bay Pty.Nora acquired the interest from Elizabeth Bay in the fall of 19…
New minerals legislation in sight for South Africa
Since the African National Congress (ANC) came to power more than five years ago, South Africa’s mining industry has been nervous about proposed changes to the country’s mineral policy, including a ma…
Prairie
Toronto-based junior McVicar Minerals (MVR-V) and Broken Hill Proprietary (BHP-N) will jointly explore for nickel and platinum-group-element deposits in North America, particularly in the Lake Superio…
Resource base soars at Sigma mine
A re-thinking of the style of mineralization at McWatters Mining’s (MCW-T) Sigma-Lamaque open-pit gold operations in Val d’Or, Que., has resulted in a swelling of the resource base to at least 1.8 mil…
Miners optimistic at dawn of 1950
The first months of 1950 were ones of optimism. Production and dividends from Canadian mines were up, as was exploration diamond drilling. Claim-staking in Ontario, Quebec and the Northwest Territorie…
Gov’t needs guidance from miners
The Canadian mining and exploration industry has taken a beating these past four years, as development and exploration programs are sparse for juniors, the lifeline of mineral development. Some form o…
CDNX posts record trading volumes, sets new high
The Canadian Venture Exchange finished the week ended Feb. 1 by gaining 132.09 points, or 4.74%, to close at an all-time high of 2,917.91. The small-cap exchange is up 24% on record trading volumes so…
EVENTS (February 07, 2000)
Feb. 8-10 Int’l Investment Conferences — “Investing in Africa Mining Conference — Indaba 2000.” Cape Sun Intercontinental Hotel, Cape Town, South Africa. Tel: (305) 669 1963. Fax: (305) 669 7350.Feb…