Hope Bay raises funds
Hope Bay Gold (HGC-T) has raised $5 million in a private placement with Dundee Precious Metals (DPM-T).Dundee, a closed-end investment company focused on precious metals, purchased 10 million units at…
News
Keith Minty named ‘Mining Man of the Year’
Few mines have endured a rockier road to production than Lac des les, Canada’s only primary platinum group metals (PGMs) mine. It is no understatement to say that many viewed its construction as the …
Partners find more veins
Partners Eastmain Resources (ER-T) and Quebec government-owned Soquem have discovered six parallel gold-bearing quartz-tourmaline veins during stripping and drilling at their Clearwater property in no…
Nevada deemed most eligible, again
For the second consecutive year, Nevada has been rated the most attractive jurisdiction for mining-related investment worldwide, according to the The Fraser Institute’s annual survey of mining compani…
Inca tests Peruvian tin
Having farmed-out most of its own properties, Inca Pacific Resources (IP-V) has turned its attention to a high-grade tin prospect owned by Peruvian-based Minsur.The Santo Domingo prospect lies 20 km w…
Looming slowdown triggers liquidation
The report period Dec. 11-15 saw a bout of liquidation in metals markets, inspired by worse-than-expected U.S. economic data. As a result, prices fell back — nickel, by 2.9%; tin, by 1.7%; and lead, …
Select juniors offer upside potential
As tax-loss selling draws to a close, so does the opportunity to take advantage of a seasonal weakness in the junior mineral resource market before liquidation dries up by year-end. With this in mind,…
De Beers committed to Kennady Lake
In an attempt to enhance the economics of the Kennady Lake project in the Northwest Territories, De Beers Consolidated Mines (DBRSY-Q) will carry out additional bulk sampling of the two highest-value …
EVENTS (December 25, 2000)
Jan. 1-31, 2001 33rd Annual Canadian Mineral Processors Conference — Ottawa. Contact R.J. MacDonald. Tel: (613) 996-2283. Fax: (613) 996-9041.Jan. 11-13 Western Inter-University Geological Conference…
Tulawaka yields more gold
Drilling on the Tulawaka gold property in northern Tanzania has revealed more high-grade results for partners Barrick Gold (ABX-T) and Minires du Nord (MDN-T).Recent results include 134.7 grams per t…
The Northern Miner — North American Mining Index (December 25, 2000)
77.11 (+1.77)(Sept. 30/98 = 100)…
Trivalence lures Rio Tinto to Aredor project in Guinea
Trivalence Mining (TMI-V) has signed a letter-of-intent agreement with London-based Rio Tinto (RTP-N) granting that company a right to acquire a 58% stake in the Aredor kimberlite project in Guinea.Ri…