Southern Rio acquires Chilean prospect
Junior Southern Rio Resources (SNZ-V) has gained the right to acquire a copper-gold porphyry prospect in Chile.The Santo Tomas property comprises 63 sq. km at an elevation of 3,300 metres, 20 km south…
2000
Wheaton River profits from early spring
An early start at its seasonal Golden Bear mine translated into record production and profits for Wheaton River Minerals (WRM-T) in the first half of the year.Earnings for the six months ended June 30…
Pacific North West focuses on River Valley
Pacific North West Capital (PFN-V) has kicked off a second phase of drilling on the River Valley project, 65 km northeast of Sudbury, Ont.The property covers most of the northern portion of the River …
Copper Ridge options Howard’s Pass
Copper Ridge Explorations (KRX-V) has acquired an option to purchase the Howard’s Pass zinc-lead deposit, on the Yukon-Northwest Territories border, from Placer Dome (PDG-T) and U.S. Steel. The price …
Marine miner encounters rough seas in Namibia
Unexpectedly difficult mining conditions, combined with an extended port call, hindered Namibian Minerals’ (NMR-T) diamond production in the first half of 2000.The ocean miner cranked out about 100,00…
Toronto Stock Exchange Indices (July 24, 2000)
DateJuly 18July 17July 14July 13July 12HighLowTSE 30010735.4710844.5010778.8010679.3010572.8510873.486717.51Mines & Minerals3402.563402.513420.903440.353425.034851.753214.4…
Freeport reports drop in sales
Freeport-McMoRan Copper & Gold (FCX-N) incurred a loss in the second quarter, owing to lower metal sales.For the three months ended June 30, Freeport posted a loss of US$19 million (12 per share), co…
Gammon Lake cuts high grades
Drilling at the Ocampo gold-silver project in Mexico’s Chihuahua state continues to return heartening results for Gammon Lake Resources (GAM-T).Hole 110 cut 44.2 metres (between 98.1 and 142.3 metres)…
MEETINGS (July 24, 2000)
July 25 Boreal — specialJuly 25 Brigadier — annual, specialJuly 25 Int’l Northair — annual, general; 11 a.m., Ste. 860, 625 Howe St., Vancouver.July 26 Allied Northern…
News – 24-JUL-00 (July 24, 2000)
Dow Jones edges up slightly
The Dow Jones industrial average edged up a meager 12.73 points, to close at 10,739.92 for the report period July 12-18.Mining companies were mixed as spot gold languished, holding at US$282.50 on the…
High Grade zone yields more riches
The High Grade zone at the Red Lake gold mine, in northwestern Ontario, continues to exceed grade expectations.To date, Goldcorp (G-T) has stockpiled 12,000 tons of ore. Based on 1,342 samples, the av…