Grade problems hamper Harmony’s performance
During a period when South Africa’s mining industry consolidated to a handful of companies from 37 producers, Harmony Gold Mining (HGMCY-Q) grew into a multi-million-ounce producer by expanding beyond…
2000
Eight new members inducted into National Hall of Fame in US
Eight new members have been inducted into the National (U.S.) Mining Hall of Fame in Leadville, Colo.The ceremony was held at the Las Vegas Hilton and hosted by Dr. Thomas Falkie, chairman of Philadel…
Zaldivar boosts Placer’s performance
Placer Dome’s (PDG-T) wholly owned Zaldivar copper mine is proving a significant contributor to the major’s bottom line. Situated in northern Chile, the open-pit, heap-leach operation added US$213 mil…
Agnico-Eagle completes LaRonde mine expansion
Having expanded its LaRonde gold mine in northwestern Quebec, Agnico-Eagle Mines (AGE-T) is expecting a steady stream of cash flow.In October, underground production was ramped up to 5,000 tons per da…
Ashton urges acceptance of De Beers’ bid
The board of directors of Australian-listed Ashton Mining has recommended that its shareholders reject Rio Tinto’s (RTP-N) A$1.85-per-share offer, which it described as “neither fair nor reasonable,” …
Anglo drilling extends zone at Aripuana
Drilling by Anglo American (AAUK-Q) at the Aripuana property in Brazil has intersected a zone of zinc and lead sulphide mineralization in a stepout hole 160 metres northwest of the previously drilled …
EVENTS (November 06, 2000)
Nov. 6-8 New Brunswick Dept. of Natural Resources and Energy: Annual Review of Activities — Sheraton Hotel, Fredericton, N.B. Contact: Carol McNeill-Dobbelsteyn or Don Carroll. Tel: (506) 453-2206. F…
Gold-as-money, Part II
If gold is the mortal enemy of central bankers, as suggested by Lawrence Parks, executive director of the Foundation for the Advancement of Monetary Education (FAME), is there hope for a truce or a pe…
Analyst keeps close watch on Aber Diamond
Dorothy Atkinson was a government geologist based in Yellowknife during the heady days of the diamond rush in the Northwest Territories. Today, as senior mining analyst for IPO Capital, she’s keeping …
News – 06-NOV-00
Canada and global mining
The management of Canada’s mineral wealth and resources has had numerous benefits for the country. These benefits are the direct result of Canadians working here and abroad.For the mining industry to …
Gold Funds (November 06, 2000)
Gold Funds as of Oct 26, 2000Dynamic MutualCentral FundNet Value$11.70$5.44Price$6.70$4.570…