News

Quebec creates research group

Quebec’s Ministry of Natural Resources has joined with several mining companies to create Corem, a mineral research consortium related to the government’s Centre de recherche minerale (CRM) in Ste-Foy…


McWatters plans expansion

To pay down debts and expand its Sigma operations in Val d’Or, Que., McWatters Mining (MCW-T) intends to raise more than $15 million via a rights offering to its sharehlders.The gold miner has already…


Three-pronged merger gets nod from regulators

Shareholders of three companies — Crew Development (CRU-T), Botswana Diamondfields (BWD-V) and Norwegian-based Mindex — have approved the establishment of an internationally listed, multi-commodity …


Francisco Gold boosts resource in Mexico

Junior Francisco Gold (FGX-V) has increased the minable resource at El Sauzal, its project in northern Mexico.Situated 13 km west of Batopilas in Chihuahua state, the property contains a reserve of 20…


TSE Indices (January 10, 2000)

— 1999 –DateJan. 4Dec. 31Dec. 30Dec. 29HighLowComposite “300”8202.608413.758406.078472.588498.826157.65Metals & Minerals4514.294474.824443.664462.464515.30…


Optimists prevail

Pessimism about the human condition sells, providing chilling fodder for literature, movies and the evening news. For example, scientific studies that predict ecological or natural disasters have almo…




LME WHSE Levels

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 4/99 (change from Dec. 29 in brackets):Aluminium774500(+2575)…


Drilling disappoints for Coral

Drilling at the Robertson property in the Crescent Valley area of central Nevada has proved disappointing for Coral Gold (CLH-V).Under an exploration agreement, Cortez Gold Mines, which operates the n…


No Headline (January 10, 2000)

TOP 20 – Dec. 29 – 31Tahera Corp. T 11414 0.14 0.08 0.12 + 0.04Aurado Expl T 6887 0.11 0.05 0.07 + 0.01Placer Dome T 3718 16.53 15.36 15.40 – 0.70Inco Ltd T 3133 34.07 32.00 …


Summo options copper deposit

Summo Minerals (SMA-T) will acquire the Terrazas copper-zinc project in Chihuahua state, Mexico, in return for paying US$3 million and spending at least US$2 million on exploration.The vendor retains …


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