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…
2000
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…
The Northern Miner — Small Producers Index (July 24, 2000)
49.29 (+0.91)(Sept. 30/98 = 100)…
Exploration breathes life into Buchans camp
The Buchans base metal camp in central Newfoundland has historically been one of relatively small but high-grade massive sulphide deposits. The original Buchans deposit, to take only one example, was …
News – 24-JUL-00 (July 24, 2000)
Charting merger trends
Last year, mergers and acquisitions (M&A) were on pace to surpass 1998 levels — that is, until European Union antitrust watchdogs quashed the proposed 3-way deal between Montreal-based Alcan Aluminum…
MOST ACTIVE ISSUES, July 12-18
ExchgVol(000s)HighLowCloseChangeAlcoa*N 14222 33.12 30.31 30.31 -2.19…
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…
Nora settles with Hartor
A dispute between Montreal-based Nora Exploration (NXI-M) and Hartor Investments has been settled out of court.Hartor was suing Nora to force the company to repay two outstanding loans totalling $1.7 …
Expatriate finances projects in Finlayson Lake district
Having found a way to remove the selenium contaminant that plagues the Wolverine polymetallic deposit in the southeastern Yukon, Expatriate Resources (EXR-V) now faces the more pressing task of arrang…