Barrick defers Pascua-Lama
Citing the poor gold and silver market, Barrick Gold (ABX-T) has further delayed the start of construction at its Pascua-Lama project, on the border between Chile and Argentina.Work at Pascua, origina…
News
Miners shine despite shaky gold
Denver — The Dow Jones industrial average posted three days of modest gains to finish the Dec. 6-12 report period on a positive note at 10,768.27, though the index was still off 130.45 points, or 1.2…
PEOPLE (December 18, 2000)
Ced-Or — Gilbert Godbout appointed director.Crew Development — Peter Barnes appointed president and CFO; John Darch appointed chairman and CEO; Jon Steen Petersen appointed director; Andreas Qvale a…
REGULAR DEPARTMENTS (December 18, 2000)
CareersClassifiedDrillersEditorialInvestment CommentaryLetters to the EditorMetal PricesMetals CommentaryNew HorizonsOdds ‘N’ SodsObituaries Professional DirectoryStock TablesSubscription …
Correction (December 18, 2000)
In our Dec. 4-10 issue, we incorrectly stated that Niocan (NIO-T) has a right of first refusal on Teck’s (TEK-T) option to acquire a 25% interest in Niocan’s (NIO-T) Oka niobium project in Queb…
Aurora triumphs in flat western market
Vancouver — The Canadian Venture Exchange composite index remained flat over the report period ended Dec. 12, gaining just 9.5 points, or 0.3%, to finish at 2,912.89. The mining index rose 99.84 poin…
Noranda grabs Lady Loretta
Results from a 2-year study have prompted Noranda (NOR-T) to acquire a majority stake in the Lady Loretta zinc-lead-silver desposit in Queensland, Australia.In 1998, Noranda signed a deal with Austral…
Producer and Dealer Prices (December 18, 2000)
Antimony: Mid-mkt US$1,425/t.Bismuth: Mid-mkt US$4.00/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.70-15.50/lb.Copper: Comex March US$0.885/lb.
Inca Pacific, Mansfield attract attention for South American projects
Junior mining companies are adopting various strategies to help them through these tough times, but the most common remains the old standby of taking on projects robust enough to attract major partner…
MEETINGS (December 18, 2000)
Dec. 20 Auriginor — annual, general, specialDec. 20 Digger — annual, special; 10 am, 2550-555 W. Hastings St., VancouverDec. 20 Featherstone — annual, general; 3:30, Coast Harbourside…
The Northern Miner — North American Mining Index (December 18, 2000)
75.34 (+1.25)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 18, 2000)
46.72 (+2.17)(Sept. 30/98 = 100)…