Golds, base metals carry Toronto exchange lower
The Toronto Stock Exchange 300 index slipped 31.65 points during the March 8-14 report period to end the week at 9,393.83.With gold taking another tumble, the TSE’s gold and precious metals sub-index …
Placer Dome Inc
Open-pit reserves at Sigma-Lamaque swell to 1.6 million oz.
McWatters Mining (MCW-T) is finding there’s plenty of low-cost gold left at the venerable Sigma-Lamaque complex at the east end of this town.Thanks to last year’s $5-million exploration campaign at Si…
Majors hot for Ashanti’s stake in Geita project
Ashanti Goldfields’ (ASL-N) fire sale of a 50% joint-venture interest in its promising Geita mine project in the Lake Victoria Goldfields of northwestern Tanzania has attracted the attention of a half…
INDEX (March 05, 2000)
Agnico-Eagle3Akrokeri23Anaconda3Anglo Am15Anglo Am. Platinum3Atna1, 24Barrick3, 6Battle Mt.24Billiton15Bol…
INDEX SECTION C
AbaddonC6AberC11AquestC10AshtonC11AtikokanC5AtnaC5BarrickC7, C8BrazalianC10Broken HillC7, C10Buffalo Diamo…
Channel Resources keeps hopes alive in Burkina Faso
Five years ago, Channel Resources (CHU-T) was one of many Canadian juniors exploring in the West African nation of Burkina Faso. Today, it’s one of the few still on the trail of bulk-tonnage gold depo…
Western Quebec Mines, Dynacor complete Wesdome IPO
After more than a year of delays, Western Quebec Mines (WQM-T) and Dynacor Mines (DYN-M) have completed their initial public offering of junior explorer Wesdome Gold Mines (WDG-M).Wesdome be…
Placer Dome posts positive results for 1999
Despite incurring US$95 million in merger and write-down costs, Placer Dome (PDG-T) managed to turn a healthy profit in 1999.North America’s third-largest gold mining company earned US$35 million, (or…
INDEX SECTION B
MustangB2AltoroB3Anglo AmericanB4AngloGoldB1AnooraqB1, B2AquilineB2AshantiB1AvalonB2BarrickB1BillitonB7…
Bema finances Julietta as Refugio disappoints
A US$25-million financing agreement is allowing Bema Gold (BGO-T) to draw up construction plans for its 79%-owned Julietta gold-silver mine in Russia.Two European banks have agreed to put up the funds…
Pacific Rim targets Luicho potential — Road construction, RC drilling planned for 2000
Ongoing surface rock sampling is enabling Pacific Rim Mining (PFG-T) to define a promising bulk-tonnage find at the Luicho gold project in southern Peru.The company has so far collected 1,600 chip cha…
Placer gains Solomon’s gold interests in Africa
Partners Channel Resources (CHU-T) and Solomon Resources (SRB-V) have entered into separate agreements that will allow Placer Dome (PDG-T) to earn up to a 65% interest in the Bombore and Naoube…