Gold Council launches ad campaign
The World Gold Council has launched a major new advertising campaign aimed at jewelry-conscious women.AngloGold, the world’s largest gold producer, is a partner in the project, which is expected to co…
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EXCHANGE RATES (December 11, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 5Dec. 4Dec. 1Nov. 30Nov. 29US$ in C$1.
Anaconda explores Magistral
Vancouver — Armed with a recently completed internal scoping study, Anaconda Peru, a wholly owned subsidiary of London-based Antofagasta Minerals (ANFGF-O), will continue to explore the Magistral cop…
Nelson posts loss
Despite cost improvements at its Jilau gold mine, in Tajikistan, Nelson Resources (NLG-T) posted a loss for the first three quarters of 2000.The company lost US$400,000 in the quarter ended Sept. 30, …
Gold needs more marketing
Most gold miners have succeeded in cutting production costs as a result of lower gold prices but appear to have ignored the real problem: increasing the demand for gold.We now hear and see commercials…
Australia’s Ranger invests in General Minerals
Denver — The Australia-based company Ranger Minerals has purchased 4.5 million shares of General Minerals (GNM-T) in a non-brokereed private placement. The transaction is designed to finance explorat…
High Grade zone extends deeper (December 11, 2000)
Exploration drilling at the Red Lake gold mine in northern Ontario has extended the Hanging Wall 5 zone at depth. The zone is one of several comprising the producing High Grade deposit.Goldcorp (G-T) …
The Northern Miner — North American Mining Index (December 11, 2000)
74.09 (+4.48)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 11, 2000)
44.55 (+0.65)(Sept. 30/98 = 100)…
History repeats itself in Nevada
In many respects, 1999 was a replay of 1998 for Nevada’s mineral industry. The most significant difference was that gold production fell to 8.3 million from 8.9 million oz. — the first production dec…
Naldrett a geological icon
The credit lines for the Odds ‘N’ Sods column in your Nov. 12 issue do not do justice to the author, A.J. Naldrett.The speech referred to was given at Laurentian University’s convocation ceremony, whe…
High River settles dispute
High River Gold Mines (HRG-T) has withdrawn its objection to the sale of Incanore Gold Mines, a private Canadian company, to Queenstake Resources (QRL-T).Incanore is active in Burkina Faso, West Afric…