2000

Pierina, Goldstrike power Barrick’s quarter

On the back of excellent contributions from the Pierina mine in Peru and the Goldstrike property in Nevada, juggernaut Barrick Gold (ABX-T) has posted stronger-than-expected results for the first quar…


Cambior revived by Japanese cash infusion

Gold dropped to a fresh 7-month low of US$272 per oz. during the April 26-May 2 report period before recovering slightly to reach a London morning fix of US$277.70 per oz. on May 3.Gold’s rebound on t…


Junior exchange shows modest gains

April trading activity on the Canadian Venture Exchange was off 61% from the previous month as technology stocks retrenched from their lofty heights. The CDNX declined 18% over March, while, during th…



Mining: the year in review

Nineteen ninety-nine was both difficult and disappointing for British Columbia’s mining industry: two mines closed and no new mines were opened. Moreover, mineral exploration spending plummeted dramat…



Drilling resumes at Meadowbank gold project

A staged $1.5-million program of drilling and surface exploration is under way at the Meadowbank gold property, near Baker Lake, Nunavut.Cumberland Resources (CBD-T) is focusing on showings discovered…


Battle Mountain Gold posts stronger quarter

Higher production made it possible for Battle Mountain Gold (BMG-N) to post a smaller loss in the recent first quarter than in the corresponding period of 1999.The company incurred a net loss of US$3….



EVENTS (May 08, 2000)

May 8-13 McGill University (Dept. of Mining and Metallurgical Engineering) — “Geostatistical Simulations for the Mining Industry.” Frank Dawson Adams Building, Montreal, Que. Contact Norma Porcyshyn….


Yanacocha boosts Newmont Snap Lake

Higher-than-expected production from its operations in Peru and Nevada should leave Newmont Mining (NEM-N) with 4.7 million equity ounces of gold for the current year.On the strength of a 60% boost in…


General Minerals produces Bolivian silver

General Minerals (GNM-T) has commenced production at the Atocha silver mine in west-central Bolivia.A custom mill in Oruro processed the first 1,879 tonnes of ore, which averaged 627 grams silver per …


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