Correction (October 30, 2000)
In our report on Anaconda Nickel’s Murrin Murrin project in Australia (T.N.M. Oct. 9/00), mine geologist Tim Markwell was incorrectly identified as Tim Blackwell.
2000
Partners update Duck Pond resources
Partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T) have announced the preliminary results of a bankable feasibility study under way at the high-grade Duck Pond copper-zinc massive-sulp…
BC peak deemed more fitting
I agree with the points you make in the editorial “Mount Logan forever” (T.N.M., Oct. 16-22) regarding the re-naming of Mount Logan to honour the memory of former prime minister Pierre Trudeau.Althoug…
TSE Shorts (October 30, 2000)
Short positions outstanding at October 15, 2000Larger individual positions include: Abitibi-Consolidated 1,613,951 up 619,717; Alcan Aluminium 536,841 up 100,179; Anderson Exploration 1,762,…
GREATEST VALUE TRADED, Oct. 18-24
ExchgVal($000s)HighLowCloseChangeAlcoa*N 450104 25.62 23.19 24.94 – 1.06…
LME Warehouse Levels (October 30, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 24/00 (change from Oct. 17 in brackets):MetalStock(tonnes)ChangeAluminium337375(…
Copper Ridge aims to revive Howards Pass
Advances in metallurgy, coupled with the anticipated expansion of power and transportation infrastructure in the Yukon, have induced Copper Ridge Explorations (KRX-V) to step up exploration at its How…
Kinross prepares for go-ahead at True North
Kinross Gold (K-T) is awaiting final permits to begin construction at the True North gold deposit in Alaska’s Fairbanks district.The company has budgeted US$18 million to construct this satellite depo…
Canadian Stock Exchange Indices (October 30, 2000)
DateOct. 24Oct. 23Oct. 20Oct. 19Oct. 18HighLowTSE 30010352.1010472.9610485.2010231.639926.7811401.976996.02Mines & Minerals3328.303270.3632…
Alcan completes merger
The long-awaited merger between Montreal-based Alcan Aluminum and the Alusuisse Lonza Group (Algroup) of Switzerland has been completed, with both companies agreeing to an exchange of shares.The origi…
Gold-as-money
Is gold the mortal enemy of central bankers? Lawrence Parks, executive director of the Foundation for the Advancement of Monetary Education (FAME), believes so. What’s more, he says the world’s banker…
Guyana hits high grade
A hole drilled by Guyana Goldfields (YGI-V) at the Aurora concession in Guyana, South America, has returned 63 ft. grading 1.35 oz. gold per ton.The program is testing the strike length of the Aleck H…