Sulliden cuts more zinc
Montreal-based Sulliden Exploration (SUE-T) has reported more encouraging results from a 9-hole, 1,200-metre drill program at its Mario base metal property, 50 km southwest of Huancayo, Peru.So far, S…
News
Rio sidelines De Beers in Ashton bid
London-based Rio Tinto (RTP-N) has received acceptances for 94.7% of the shares of Australia-listed Ashton Mining.The British major has further extended its offer to Dec. 13 to allow the remaining sha…
Partners expand Antamina
The already-massive Antamina copper-zinc deposit in Peru just got bigger.Proven reserves now stand at 313 million tonnes averaging 1.3% copper, 1.06% zinc and 0.03% molybdenum, plus 14.13 grams silver…
Northern Miner Indices (December 04, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….
Kimberlites found at Ekati
Drilling this past summer at the Ekati mine property in the Northwest Territories resulted in the discovery of 11 additional kimberlite pipes, raising the number of confirmed kimberlites to 136.Nine o…
Resource stocks rise on higher Metal Prices
Adding to a flurry of base metals news during the report period ended Nov. 28, Sulliden Exploration announced the discovery of more high-grade zinc mineralization at the Mario property in Peru.On Nov….
Kinross drills George Lake
Impressed by drill results from the George Lake property in Nunavut, Kinross Gold (K-T) has decided to extend the program by 9,000 metres.Kinross can earn a 70% interest in the property from Wheaton R…
Aur nabs Quebrada Blanca
Aur Resources (AUR-T) has completed its purchase of a 76.5% stake in Compania Minera Quebrada Blanca, which owns and operates the Quebrada Blanca copper mine in Chile.Aur paid vendors Cominco (CLT-T) …
MEETINGS (December 04, 2000)
Dec. 8 Canadian Zinc — extraordinary; 10 a.m., Ste. 1202, 700 W. Pender St., VancouverDec. 8 Consol. Viscount Res. — general, extraordinary; 10 a.m., Ste. 1320, 925 W. Georgia St., VancouverDec. 8…
Gold’s gain helps miners
Denver — The Dow Jones industrial average held steady at 10507.58, up 13.08 points, or 0.1%, during the report period ended Nov. 28, despite the fact that the U.S. presidential election remains unres…
Sigma writedown sinks McWatters’ quarter
A dip in production levels and a $16.6-million writedown stemming from the closure of underground operations at the Sigma-Lamaque complex in Val d’Or, Que., pulled McWatters Mining (MCW-T) further int…
Stillwater inks long-term sales contracts
Denver — Stillwater Mining (SWC-X) has renegotiated and extended its long-term sales contracts to take advantage of bullish prices in platinum and palladium markets.The new arrangements establish hig…