At first glance, it seems an unlikely partnership. Yet the weathered, laconic geologist with several major discoveries under his belt and the down-to-earth, female stockbroker with a keen eye for oppo…
In our issue of Dec. 20-26, 1999, we reported that Vengold (VEN-T) holds 5% of Lihir Gold (LIHRY-Q) and Nuigini Mining, worth US$40 million, as well as cash and securities valued at US$50 million.Veng…
In a letter printed in your issue of Nov. 22-28, 1999, Jerry Roth of Stratagex raised some concerns about the Ontario government’s Operation Treasure Hunt initiative.To clarify, for the benefit of Mr….
Metals prices climbed sharply higher in the week ended Dec. 17 as fund buying took the market by surprise, confounding widespread expectations that prices had settled into a phase of sedate range trad…
At its 75%-optioned Tambo Grande polymetallic project in northwestern Peru, Manhattan Minerals (MAN-T) has unveiled a resource model for the TG-3 deposit that pushes the overall sulphide resource to b…
Emerging from a period of development glitches at its namesake operation in south-central Montana, platinum producer Stillwater Mining (SWC-X) is confident it has turned the corner and anticipates str…
This past year has been both difficult and disappointing for British Columbia’s mining industry. Two mines closed and no new ones were opened. Mineral exploration plummeted dramatically and is now exp…
A survey has found that Indonesian mines achieve higher rates of return than operations elsewhere in the world.The PricewaterhouseCoopers study shows that during the period 1994-1998, companies includ…
The Canadian Venture Exchange closed up 14.63 points, or 0.7%, at 2,168.71 during the report period ended Dec. 21, 1999.MacDonald Mines Exploration traded almost 2.5 million shares during the week, cl…
Precious MetalsPrice (US$/oz.)ChangeGold$287.00+$7.15Silver$ 5.17-$0.02…
The Dow Jones industrial average climbed a modest 40.37 points, or 0.4%, to 11,200.54 during the report period ended Dec. 21.Gold responded to interest rate jitters, climbing $6.90 to US$286.90 on the…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 21/99 (change from Dec. 14 in brackets):Aluminium762,850(-4,700)…
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