Issues forums start each day of MM2000
Mining as an industry in transition appeared to be the overarching theme reflected in five issues forums that kicked off each day of Mining Millennium 2000, a conference jointly sponsored by the Prosp…
2000
Tobin vs. Schulich
The war of words between Newfoundland Premier Brian Tobin and Toronto businessman Seymour Schulich over the Voisey’s Bay nickel project in Labrador has served one useful purpose: it has made everyone …
No Headline (March 20, 2000)
Aluminum, copper prices head south
Aluminum and copper prices continued to drift downward in the early part of the report period March 6-10 before fund short-covering in thin volume took prices back up to the top end of their recent ra…
Partners bullish on Barra Grande potential
A second phase of drilling by Trans Hex International (THI-T) suggests that the Barra Grande property in eastern Brazil may host millions of cubic metres of diamond-bearing gravels.Barra Grande compri…
LME WHSE LEVELS (March 13, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Mar. 7/99 (change from Feb. 29 in brackets):MetalStock(tonnes)Change…
Abiting buys Hammerdown
Vancouver-based Major General Resources (MGJ-T) has completed the sale of its Hammerdown-Rumbullion gold deposit, in central Newfoundland’s Springdale-King’s Point mining district.The buyer, privately…
Teck boosts stake in San Nicolas
Teck (TEK-T) has agreed to acquire an additional 25% carried interest in the San Nicolas copper-zinc deposit in Mexico’s Zacatecas state. In return, it will pay 1.8 million of its Class B shares to th…
US draws down silver stocks
In 1999, the U.S. Mint consumed nearly 10.3 million oz. silver for coins, dramatically reducing stocks of silver from the country’s reserve of strategic metals, the National Defense Stockpile, reports…
No Headline (March 13, 2000)
Homestake boostsVeladero resource
Ongoing drilling by Homestake Mining (HM-N) on its 60%-owned Veladero property in northwestern Argentina has increased the gold resource by 39% to 7.8 million contained ounces.The increased resource i…
Aur spurns Cambior to buy Chilean mine
Spying a better opportunity in Chile, Aur Resources (AUR-T) has withdrawn its merger proposal with beleaguered Cambior (CBJ-T) to pick up a controlling stake in the Quebrada Blanca copper mine from Co…