Homestake hit by Eskay shortfall
A production shortfall at the Eskay Creek mine, north of Stewart, B.C., contributed to a disappointing second quarter for Homestake Mining (HM-N).The San Francisco-based company posted a loss of US$16…
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Black Pearl options Bannockburn nickel find
An agreement with Outokumpu Mines sets the stage for Black Pearl Minerals Consolidated (BLKP-C) to earn 60% or more of the Bannockburn nickel discovery, 27 km west of Matachewan, Ont.The 2,288-ha prop…
Glamis advances San Martin mine
A progressive approach to community relations and the technical ability to operate low-cost mines have allowed Glamis Gold (GLG-T) to fast-track development of the San Martin gold mine, some 55 km nor…
NAME CHANGES (August 14, 2000)
Bradner Resources (BRD-V) has changed its name to Bradner Ventures (BVV-V) on a 1-new-for-7-old-share basis.
Defending globalization
Some used the good old-fashioned bullhorn, while others pontificated on alternative radio. And a few wrote passionate essays in avant-garde magazines denouncing globalization and praising American Pre…
Students plan platinum short course
Student chapters of the Society of Economic Geologists at Laurentian University and the Universities of Toronto and Western Ontario have arranged a 2-day short course on exploration for platinum group…
News – 14-AUG-00
PEOPLE (August 14, 2000)
Mountain Province — David Siegel appointed director.Tiberon — Raymond Morley appointed director.Weda Bay — Stephen Redmond appointed project manager.
AMF options Kipushi to Zincor
Jean-Raymond Boulle’s America Mineral Fields (AMZ-T) has signed an option agreement with Zincor, a subsidiary of South Africa’s Iscor, to redevelop the dormant, high-grade Kipushi zinc-copper mine in …
Rio Algom profits grow
On the back of higher copper prices and sales volumes, Rio Algom (ROM-T) earned $16 million (or 15 per share) on revenue of $564 million in the three months ended June 30, compared with $4 million (2…
Dow charges, leaves gold behind
The Dow Jones industrial average climbed 369.94 points, or 3.5%, during the report period Aug. 2-8 to close at 10,976.89 on reeports that inflation remains in check.Spot gold on the Comex division of …
Africa’s vast potential stressed at Geita opening
The time has come for Africa’s gold-producing nations to band together in order to compete effectively in the global economy, according to Bobby Godsell, chief executive officer of AngloGold (AU-N).”M…