Silvertip gets mixed results
The remaining 15 holes of a 22-hole underground drill program on the Silvertip zinc-lead-silver project in northwestern British Columbia have returned narrow intervals of “feeder-style” mineralization…
2000
TSE INDICES (March 13, 2000)
DateMarch 7March 6March 3March 2March 1HighLowTSE 3009425.489580.069462.90…
Inco cuts nickel at Kelly Lake
Nickel major Inco (n-t) has announced an initial resource figure for a major nickel and platinum-group-metals deposit discovered in 1997 at Kelly Lake, near Sudbury, Ont.The deposit holds an estimated…
Ruben Fast
Ruben Fast, transportation manager at the Eskay Creek mine in British Columbia, has died. He was 64.Born in Hepburn, Sask., in 1936, Fast began his mining career in British Columbia’s Highland Valley …
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Spying a better opportunity in Chile, Aur Resources (AUR-T) has withdrawn its merger proposal with beleaguered Cambior (CBJ-T) to pick up a controlling stake in the Quebrada Blanca copper mine from Co…