Spot Prices Wed. September 13, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$272.80-$2.50Silver$ 4.88-$0.07…
News
Exchange Rates (September 18, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 12Sept. 11Sept. 8Sept. 7Sept. 6…
Exchange Rates (September 11, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 5Sept. 4Sep. 1Aug. 31Aug. 30…
Elliot Lake’s mining legacy turns into asset
Elliot Lake, Ont., is a town built on uranium mining. When the mines closed, many feared the town would too. But they underestimated the efforts of community leaders who successfully marketed their co…
Wayside resets placement
Current market conditions have prevented International Wayside Gold Mines (IWA-V) from closing a previously announced private placement of 3 million units priced at 85 each.Instead, Wayside has arran…
Mining organizations intervene as CBD sues BLM
Several mining organizations have banded together to fight a lawsuit that threatens to hinder future development in the California Desert Conservation Area, where mining already takes place.The Centre…
Citizen involvement key to Ridgeway mine closure
Mining is an important economic engine in Canada, and that means that citizens living near mining camps are usually aware of a mine’s life cycle from exploration through closure. This is less true in …
Ontario invests millions to rehabilitate former mine sites
The Ontario government will spend $5 million this year to rehabilitate former mine sites and restore some of their productive use. The initiative is part a 4-year, $27-million program launched by the …
Partners to drill Clearwater
Partners Eastmain Resources (ER-T) and Soquem, which is owned by the Quebec government, intend to begin drilling this week on their jointly held Clearwater gold property in northwestern Quebec.A progr…
Approvals in place for Nugget gold project
Local authorities have approved an application by Toronto-based gold explorer Nugget Resources (NUG-V) to start underground work at its Hill End property in central New South Wales.Australia’s federal…
Biological water treatment a success
Homestake Canada, a unit of Homestake Mining (HM-N), has developed a unique, 3-stage process to treat tailings water. The process has been used successfully at the company’s Nickel Plate gold mine, a …
Eldorado transplants environmental know-how to Mexico, Brazil and Turkey
Through careful reclamation procedures at its two open-pit heap-leach gold mines in Mexico, Eldorado has continued to demonstrate high environmental standards.In October 1998, the Vancouver-based comp…