South-Malartic finds more gold at Croinor
Definition drilling by South-Malartic Exploration (MSU-M) continues to intersect gold at the Croinor project, 75 km east of Val-d’Or, Que.Earlier this year, the junior proved the existence of flat-lyi…
News
Geita fortifies Ashanti’s quarter
Contributions from the recently opened Geita mine in Tanzania helped Ashanti Goldfields (ASL-N) post a profit in the second quarter.Gold production at the 50%-owned mine began in June and amounted to …
Sherritt doubles profits, repurchases debentures
Diversified conglomerate Sherritt International (S-T) saw earnings more than double during the second quarter, thanks to a strong operating performance and higher prices for nickel and oil.Sherritt po…
Sigma performance drags down McWatters
Disappointing operating results from the Sigma-Lamaque complex in Val d’Or, Que., have pulled gold miner McWatters Mining (MCW-T) back into the red.For the second quarter ended June 30, McWatters post…
Inmet joins Celtic in Nfld.
Gold and copper miner Inmet Mining (IMN-T) will acquire interests in four properties held by Celtic Minerals (CME-V) in central Newfoundland’s Victoria River region.The joint-venture agreement affects…
Mining reps to gather in New Zealand
The 2000 New Zealand Minerals and Mining Conference, being held Oct. 29-31 in Wellington, promises few tricks and many treats, including guest speakers and technical research papers.Delegates will be …
Spot Prices Wed. August 16, 2000Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$275.50+$3.20Silver$ 4.85-$0.02…
Can-Cal focused on Pisgah property
Over the past few months I have been following a junior mining company with some unbelievable numbers for a palladium find. I haven’t been able to research this company through your paper, which I tho…
CDNX fails to follow Toronto’s lead
Canada’s junior exchange lost ground over the report period ended Aug. 15. The Canadian Venture Exchange composite index dropped 28.67 points, or 0.9%, to finish the week at 3,318.74, and the market’s…
Metal Prices (August 21, 2000)
DateAug. 15Aug. 14Aug. 11Aug. 10Aug. 9BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
Canadian Stock Exchange Indices (August 21, 2000)
— 52-week –DateAug. 15Aug. 14Aug. 11Aug. 10Aug. 9High…
Falco restarts smelter
In the midst of a strike by 1,250 workers, Falconbridge (FL-T) has restarted its nickel smelter in Sudbury, Ont., at reduced capacity.The smelter normally produces 5,400 tonnes of nickel anode per mon…