Aurizon plans production from Casa Berardi
The Casa Berardi gold mine in northwestern Quebec emerged from a long tunnel into the sunshine this week, with the release of a positive feasibility study by operator Aurizon Mines (ARZ-T).The study c…
2000
TSE INDICES
DateApr. 4Apr. 3Mar. 31Mar. 30Mar. 29HighLowComposite “300”9141.849374.739462.399394…
AngloGold buys stakes in Geita, Morila
For US$205 million in cash and help in obtaining project financing, AngloGold (au-n) has struck a preliminary deal to buy a 50% interest in Ashanti Goldfields’ (ASL-N) Geita gold project in Tanzania.T…
Energy, economy and Kyoto subject of forum at MM2000
Speakers at a recent forum in Toronto titled “Energy, the Economy and Kyoto” expressed little confidence that Canada would be able to reduce greenhouse gas emissions to 6% below 1990 levels before 201…
GOLD FUNDS (April 10, 2000)
Gold Funds as of March 30, 2000Dynamic MutualCentral FundNet Value$12.97$5.38…
MEETINGS (April 10, 2000)
April 10 Lysander — annual, generalApril 10 New Millennium — annual, generalApril 11 LEH Ventures — annualApril 11 Latitude — annual, generalApril 11…
Cardero picks up Cori Huarmi project
Junior Cardero Resource (CDU-V), formerly Sun Devil Gold, recently signed an option agreement with Peruvian-based Minera Andina de Exploraciones (Minandex) for a 60% interest in the Cori Huarmi gold p…
Pacific Rim advances Luicho
Ongoing surface sampling at the Luicho gold project in southern Peru is revealing an extensive and consistent multi-gram mineralized system with potential for hosting a large-tonnage, bulk-minable dep…
Tough times between the Gulf and the Pacific
Depressed gold prices are leaving producers little room for error these days, nowhere more so than in Mexico and Central America.Greenstone Resources, dead at the age of 17 years from financial asphyx…
Panic hits broad market but sidesteps resource stocks
Stricken by panic leading up to and following the much-anticipated U.S. federal court ruling against Microsoft, the Toronto Stock Exchange 300 index nosedived 781.01 points between March 29 and April …
Correction (April 10, 2000)
Imperial Metals (IPM-T), owner of the Similco mine, and Leader Mining (LMN-V) have signed an agreement-in-principle for the sale of that operation to Leader. Under current ownership, Similco is not sc…
Coeur expands resources
Coeur d’Alene Mines (CDE-N) has increased resources at both of its mines in Chile.At the Petorca mine, an underground gold-silver producer near Santiago, the company added 76,000 gold-equivalent ounce…