Northern Miner Indices (July 03, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.0ComincoCLT-T3.9FalconbridgeFL-T8.2Franco-Nevada MiningFN-T5.2Freeport McMoR…
2000
Placer ices Las Cristinas as Crystallex plans mine
‘Thou shalt not covet thy neighbour’s mine’ is the poorest kept commandment in the mining business, though few companies are as brazen as Crystallex International (KRY-T) in breaking it. The junior re…
Producer and Dealer Prices (July 03, 2000)
Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.50/lb.Cadmium: Mid-mkt US$0.23/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$14.95-16.40/lb.Copper: Comex July US$0.8175/lb.Indium: I…
Asquith drills Roandji gold property
Asquith Resources (ASQH-C) and Axmin, a privately held exploration company, have released preliminary results from infill drilling on the 2,000-sq-km Roandji gold property, which occupies an Archean g…
Cygnus bombs
Ashton Mining of Canada (ACA-T) has recovered low diamond counts from a recent kimberlite discovery in the Northwest Territories and from additional mini-bulk sampling on an Alberta kimberlite.The Cyg…
Sunshine seeks debt relief
Yet again, Sunshine Mining & Refining (SSC-N) has pushed back the maturity date for its 8% senior exchangeable notes until June 30.The Idaho-based silver company does not have the resources to pay the…
PEOPLE (July 03, 2000)
Boliden — Thomas Cederborg appointed executive vp and chief operating officer.Cabo — Stanley Feinerman appointed director.Cathedral — Mark Bentsen, Herman Hartley, Donald Sabo appointe…
Expatriate hits on WOL claims, adds ground to Islena
Drilling by Expatriate Resource (EXR-V) has intersected the downdip extension of the Wolverine deposit on the newly acquired WOL claims in the Finlayson Lake district of the Yukon.The first hole drill…
Joubin editorial sparks interest
The editorial about Franc Joubin in your May 29-June 4 issue was of particular interest to me because I was just reviewing the proofs for my latest literary effort, A Place For Gold, which is soon to …
Diamonds fuel prosperity
The diamond industry went through a rough patch a few years ago when sales dipped because of weak demand and the Asian crisis. It’s now celebrating a 44% increase in sales of rough gems, while, at the…
USGS report rates industry
A new report from the U.S. Geological Survey (USGS) estimates the value of the American mining industry at US$422 billion.Mineral Commodities Summary 2000 includes information on trends, events and is…
Pacific Rim
Junior Nevada Pacific Gold (NPG-V) is encouraged by results from a second round of drilling on the Limousine Butte property in White Pine Cty., Nev.The project is operated by Newmont Mining (NEM-N), w…